{"id":229155,"date":"2025-02-01T00:55:09","date_gmt":"2025-02-01T00:55:09","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/02\/01\/policy-stability-rational-taxation-tops-budget-wishlist-of-online-gaming-cos-e-gaming-federation\/"},"modified":"2025-02-01T00:55:09","modified_gmt":"2025-02-01T00:55:09","slug":"policy-stability-rational-taxation-tops-budget-wishlist-of-online-gaming-cos-e-gaming-federation","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/02\/01\/policy-stability-rational-taxation-tops-budget-wishlist-of-online-gaming-cos-e-gaming-federation\/","title":{"rendered":"Policy stability, rational taxation tops Budget wishlist of online gaming cos: E-Gaming Federation"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i0.wp.com\/img.etimg.com\/photo\/msid-117778392,imgsize-217152.cms?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Policy stability, rational taxation tops Budget wishlist of online gaming cos: E-Gaming Federation\" title=\"Policy stability, rational taxation tops Budget wishlist of online gaming cos: E-Gaming Federation\" \/><\/div>\n<div data-brcount=\"16\">A stable policy that spurs investments and job creation, alongside a more rational and progressive taxation regime, tops the <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/budget-wishlist\" target=\"_blank\" rel=\"noopener\">Budget wishlist<\/a> of online gaming companies, according to <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/e-gaming-federation\" target=\"_blank\" rel=\"noopener\">E-Gaming Federation<\/a> Anuraag Saxena. His comments assume significance as the Directorate General of GST Intelligence&#8217;s (DGGI) tax demands totalling Rs 1.12 lakh crore against online gaming companies, over the past many months, spooked the industry, although the Supreme Court&#8217;s recent stay on showcause notices issued by GST authorities has provided a breather. <\/p>\n<p><style><![CDATA[\n    \t    #sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;}\n    \t    .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px}\n    \t    #sr_widget.onDemand .sr_desc{margin:0 auto 0;}\n    \t    #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;}\n    \t    #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important}\n    \t    #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%}\n    \t    #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}\n    \t]]><\/style>\n<\/p>\n<p><!--\/article_liveblog.cms?msid=105115637&pos=toppotime:1-->Saxena said a slew of measures suggested by the industry can &#8220;turbocharge&#8221; the sector. <\/p>\n<p>The online gaming industry is also keen on playing a bigger role in participating in initiatives that involve and educate people about various government schemes through online educational games. <\/p>\n<p>&#8220;We need policy clarity and <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/policy-stability\" target=\"_blank\" rel=\"noopener\">policy stability<\/a>, which is what both domestic investors and foreign investors look for,&#8221; Saxena said. <\/p>\n<p>The <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/e-gaming\" target=\"_blank\" rel=\"noopener\">e-gaming<\/a> industry is also pitching for a &#8220;more rational and progressive taxation&#8221; regime. <\/p>\n<p><!--\/include_growfast.cms?pagename=article&skipcss=1potime:2--><br \/>&#8220;We would like more rational and progressive taxation, which honestly, over the last 10-12 years, the government has been able to achieve through the whole GST process, which was really cumbersome if you think about it. Ideally, we want tax policies that provide a fillip to the industry,&#8221; he said. The E-Gaming Federation (EGF) last year announced &#8216;CityQuest: Shades of Bharat&#8217; in partnership with the Information and Broadcasting Ministry (MIB) as part of the &#8216;Create in India Challenge&#8217; for WAVES 2025. The game was geared to celebrate and educate players about India&#8217;s diverse urban landscape and development. <\/p>\n<p>&#8220;&#8230;.EGF is formally a part of MIB&#8217;s Waves now, where we&#8217;ve created a game called City Quest, which shows India&#8217;s Vikas journey through Niti Aayog&#8217;s sustainable development goals. I think more of that needs to start happening, where we need to normalise the participation of gaming in our society, in our economy,&#8221; he said.<\/p>\n<style><![CDATA[\n    \t    #sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;}\n    \t    .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px}\n    \t    #sr_widget.onDemand .sr_desc{margin:0 auto 0;}\n    \t    #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;}\n    \t    #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important}\n    \t    #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%}\n    \t    #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}\n    \t]]><\/style>\n<p><!--\/article_liveblog.cms?msid=105115637&pos=botpotime:1--><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/economictimes.indiatimes.com\/news\/india\/policy-stability-rational-taxation-tops-budget-wishlist-of-online-gaming-cos-e-gaming-federation\/articleshow\/117778392.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A stable policy that spurs investments and job creation, alongside a more rational and progressive taxation regime, tops the Budget wishlist of online gaming companies, according to E-Gaming Federation Anuraag Saxena. His comments assume significance as the Directorate General of GST Intelligence&#8217;s (DGGI) tax demands totalling Rs 1.12 lakh crore against online gaming companies, over [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":229156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/img.etimg.com\/photo\/msid-117778392,imgsize-217152.cms","fifu_image_alt":"","footnotes":""},"categories":[602],"tags":[5002,125066,179511,3973,24374,179512,24378,35725,3278,3729,505,53081,156470,179510,2954,41238,4983,20198],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/229155"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=229155"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/229155\/revisions"}],"predecessor-version":[{"id":229157,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/229155\/revisions\/229157"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/229156"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=229155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=229155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=229155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}