Gaming industry will shut down if Centre continues to insist on Rs 1.1 lakh crore in GST: Dream11’s Jain

Harsh Jain, CEO of Dream11, demands an independent regulator like Sebi for the online gaming industry. He warns that the sector will collapse if forced to pay the retrospectively imposed GST, which impacts 400 companies and threatens their financial viability. Jain suggests lower tax rates based on Gross Gaming Revenue.

Feb 15, 2025 - 16:30
Gaming industry will shut down if Centre continues to insist on Rs 1.1 lakh crore in GST: Dream11’s Jain

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Harsh Jain, CEO of Dream11, demands an independent regulator like Sebi for the online gaming industry. He warns that the sector will collapse if forced to pay the retrospectively imposed GST, which impacts 400 companies and threatens their financial viability. Jain suggests lower tax rates based on Gross Gaming Revenue.
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