Impact of TDS and GST on the online gaming industry

The online gaming industry is a rapidly growing sector in India, projected to experience a compound annual growth rate (CAGR) of approximately 27% over the next five years. This growth is expected to contribute to the creation of more than 1 million jobs by 2030. However, recent tax-related changes, such as the removal of the Tax Deducted at Source (TDS) exemption limit, potential increases in the…