India extends partial tax relief to online gaming firms

India extends partial tax relief to online gaming firms

FILE PHOTO: Keyboard, cards, chips, dice are seen in this illustration picture, June 5, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

India has decided to levy taxes on online gaming companies on the total funds deposited to play online games and not on every bet, federal Finance Minister Nirmala Sitharaman said on Wednesday, offering some relief to the industry.