Starting from April 1, 2023, the Indian government will begin collecting a 30% Tax Deducted at Source (TDS) on net winnings (excluding entry fees) from online gaming without any threshold, removing the previous Rs. 10,000 limit. The Indian online gaming industry is concerned about the new taxation regime as it may discourage users to play on legitimate platforms and cause challenges to comply for users and online gaming operators. The removal of the threshold for TDS on online gaming winnings will have a significant impact on players and companies operating in the space. Furthermore, imposing TDS may result in a further reduction of investment into the gaming sector by advertisers.

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