India's government on Tuesday said it would impose a 28% tax on funds that online gaming companies collect from their customers, in a blow to the $1.5 billion industry that has surged in popularity and attracted foreign investment.
  • @demonswordEnglish
    21•2 years ago

    India deals blow to online gaming gambling industry with 28% tax

  • @CandelestineEnglish
    21•2 years ago

    Ooh. I like that. We should do that too. Just the microtransaction-based ones, not all online games. Decent subscription-based games should be exempt.

    And I say that as someone that wishes he could be a Supercell fan. Used to be a huge one.

    • aswzEnglish
      31•2 years ago

      To be clear, this ruling seems to be online gaming as in gambling, not video games

      • @CandelestineEnglish
        11•2 years ago

        Ah, well, that’s not bad either. Frankly they should just expand it though. It’s not like gatcha games aren’t a sort of gambling enterprise.

        • @BelirielEnglish
          5•2 years ago

          This is frankly fantastic news. You just need to classify gacha as gambling and you’re done. This is probably way easier than to legally define what a gacha game is.

  • @NeoAgostosTheosEnglish
    17•2 years ago

    Did not expect India to be the one to push back on the predatory behavior of micro transactions. Having lived in India for a long time, I’m not sure how much of it is greed but still a positive outcome I guess!

    • @TurboDieselEnglish
      16•2 years ago

      From what I read, the tax is on online gaming as in gambling, apps, not gacha-style microtransactions. Still a good thing though.

        • @NeoAgostosTheosEnglish
          4•2 years ago

          I think the comment implies it might not be for traditional gaming but rather mainstream gambling and apps like candy crush? Feel free to correct me if I’m wrong.

    • xuxebiko
      4•2 years ago

      Modi is least bothered by financially predatory behaviour, his govt is desperately trying to raise funds.

  • @CharliechonchEnglish
    7•2 years ago

    But where else are they supposed to spend all that hard-earned money from scamming senior citizens

    • @startlefrenzyEnglish
      4•2 years ago

      I hope you know the small population of people doing this are considered scum by the rest of India and even if you meant it as a joke it sucks to categorize a country filled with many kinds of people as scammers.

    • Bruhmoment
      1•2 years ago

      These scammer jokes are getting old how about you be more creative with your racism?

      • @Charliechonch
        1•2 years ago

        To be fair I would say worse things about prosperity gospel preachers

    • xuxebiko
      1•2 years ago

      These days? Buying tomatoes which have become super-expensive in India (prices are almost 10x the usual). Fuel (petrol, diesel, and cooking gas) are also very expensive. India is facing runaway inflation coupled with high unemployment.