Page 5 of Policy in Gaming

Death by over-taxation! Why the online gaming industry’s fate hangs by a thread

From the removal of the threshold of Rs 10,000 for TDS deduction to a 28% GST on GGR, ministries from…

February 14, 2023 08:51 IST

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ED arrests WinZO founders Saumya Singh Rathore, Paavan Nanda over money laundering charges

Business12 min ago

The Enforcement Directorate has arrested WinZO’s co-founders in Bengaluru for money laundering in the online gaming industry. They were granted one-day custody and the agency has raided other offices for alleged algorithm manipulation and crypto links. Rs 43 crore is under scrutiny and the ED claims that refunds should have been made.

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