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No cheat-code for online gaming industry as ministry, I-T turn up the heat

The income tax (I-T) department recently issued show-cause notices to seven online game companies, as part of an investigation into possible tax evasion by such institutions.

GoM likely to discuss imposing flat 28% GST on online gaming
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Debarghya Sanyal New Delhi
The Ministry of Information and Broadcasting on Tuesday issued a new advisory requesting television and digital media platforms to not play ads for online betting sites. The All India Gaming Federation welcomed the new diktat.

The call for stricter centralised regulations in the online gaming sector has grown in the recent days, especially after the income tax (I-T) department recently issued show-cause notices to seven online game companies, as part of an investigation into possible tax evasion by such institutions. 

Simultaneously, with the rapid spread of smartphones with immersive graphics to tier-2 and tier-3 cities, favourable demographics and