Ahead of the Game
Legal, Regulatory and Tax Issues in India’s Gaming Industry
October 04, 2022
 

The Indian gaming industry is one of the fastest growing sunrise sectors in India. However, it has hitherto operated in a regulatory grey area, due in part to antiquated State-specific laws. 2022 - 2023 will likely shape the future of this industry, as the Government contemplates Central regulations, applicable GST (Goods and Service Tax) on online gaming transactions, and measures to boost industry potential through a national AVGC (Animation, Visual Effects, Gaming and Comics) policy. As the industry stands on the brink of this critical turning point, we discuss key legal, regulatory and tax issues in our paper 'Ahead of the Game.' The paper highlights important considerations for gaming operators, service providers, investors in gaming companies, advertisers, and other stakeholders.

We hope you find this paper useful.

Please click here to access our paper.

For any help or assistance, please email us on concierge@nishithdesai.com.

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This Publication provides general information existing at the time of preparation. The Publication is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Publication. It is recommended that professional advice be taken based on the specific facts and circumstances. This Publication does not substitute the need to refer to the original pronouncements.

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Ahead of the Game

Legal, Regulatory and Tax Issues in India’s Gaming Industry

October 04, 2022

 

 

The Indian gaming industry is one of the fastest growing sunrise sectors in India. However, it has hitherto operated in a regulatory grey area, due in part to antiquated State-specific laws. 2022 - 2023 will likely shape the future of this industry, as the Government contemplates Central regulations, applicable GST (Goods and Service Tax) on online gaming transactions, and measures to boost industry potential through a national AVGC (Animation, Visual Effects, Gaming and Comics) policy. As the industry stands on the brink of this critical turning point, we discuss key legal, regulatory and tax issues in our paper 'Ahead of the Game.' The paper highlights important considerations for gaming operators, service providers, investors in gaming companies, advertisers, and other stakeholders.

We hope you find this paper useful.

Please click here to access our paper.

For any help or assistance, please email us on concierge@nishithdesai.com.

Do visit us at www.nishithdesai.com.

 

Chambers and Partners Asia-Pacific: Band 1 for Employment, Lifesciences, Tax and TMT, 2022

AsiaLaw Asia-Pacific Guide 2022: Ranked ‘Outstanding’ for Media & Entertainment, Technology & Communications, Labor & Employment, Regulatory, Private Equity, Tax

Who's Who Legal: Thought Leaders India 2022: Nishith M Desai (Corporate Tax - Advisory, Corporate Tax - Controversy and Private Funds – Formation), Vikram Shroff (Labour & Employment and Pensions & Benefits) and Vyapak Desai (Arbitration)

Benchmark Litigation Asia-Pacific: Tier 1 for Tax, Labour and Employment, International Arbitration, Government and Regulatory, 2021

Legal500 Asia-Pacific: Tier 1 for Tax, Data Protection, Labour and Employment, Private Equity and Investment Funds, 2021

IFLR1000: Tier 1 for Private Equity and Tier 2 for Project Development: Telecommunications Networks, 2021

FT Innovative Lawyers Asia Pacific 2019 Awards: NDA ranked 2nd in the Most Innovative Law Firm category (Asia-Pacific Headquartered)

RSG-Financial Times: India’s Most Innovative Law Firm 2019, 2017, 2016, 2015, 2014

Disclaimer

The contents of this Publication should not be construed as legal opinion. View detailed disclaimer.

This Publication provides general information existing at the time of preparation. The Publication is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Publication. It is recommended that professional advice be taken based on the specific facts and circumstances. This Publication does not substitute the need to refer to the original pronouncements.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.
 
 

 

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Chambers and Partners Asia-Pacific: Band 1 for Employment, Lifesciences, Tax and TMT, 2022

AsiaLaw Asia-Pacific Guide 2022: Ranked ‘Outstanding’ for Media & Entertainment, Technology & Communications, Labor & Employment, Regulatory, Private Equity, Tax

Who's Who Legal: Thought Leaders India 2022: Nishith M Desai (Corporate Tax - Advisory, Corporate Tax - Controversy and Private Funds – Formation), Vikram Shroff (Labour & Employment and Pensions & Benefits) and Vyapak Desai (Arbitration)

Benchmark Litigation Asia-Pacific: Tier 1 for Tax, Labour and Employment, International Arbitration, Government and Regulatory, 2021

Legal500 Asia-Pacific: Tier 1 for Tax, Data Protection, Labour and Employment, Private Equity and Investment Funds, 2021

IFLR1000: Tier 1 for Private Equity and Tier 2 for Project Development: Telecommunications Networks, 2021

FT Innovative Lawyers Asia Pacific 2019 Awards: NDA ranked 2nd in the Most Innovative Law Firm category (Asia-Pacific Headquartered)

RSG-Financial Times: India’s Most Innovative Law Firm 2019, 2017, 2016, 2015, 2014