Navigating Regulation of Online Gaming through Taxation in India
This post seeks to introduce my co-authored article with Ms. Siya Jangir titled ‘Online Gaming in India: The Predicament of Regulation and Taxation’ published in the RGNUL Journal on Financial and Mercantile Law Review that sheds light on the complexities of regulating online gaming in India. It explores the intertwined issues of skill vs chance, real money involvement and the dynamic nature of the industry. It analyses the rationalisation behind considering negative externalities like socio-cultural underpinnings, psychological harm and mental health issues caused by addiction to online fantasy gaming as causal factors for higher taxation. A cross-jurisdictional review of selective regulatory models has been undertaken to understand the nuances of licencing and categorisation. Since the online gaming industry is rapidly growing without any borders, the authors have argued for better consociation amongst law and policy makers across the globe.