मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
'New GST rate has sent sector back by months'
Mint Mumbai
|January 24, 2024
The gaming industry had an eventful 2023. First, the ministry of electronics and Information Technology (MeitY) emerged as its nodal ministry, offering a clear, designated channel for industry interaction. Then came a big setback with the sharp increase in GST rate.
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In an exclusive interview, Bhavin Pandya, co-founder and co-CEO of Games24x7, discussed the government's apprehensions, the industry's quest for regulations, repercussions of the tax rise, investor outlook, and the pathway for future growth amid perception hurdles. Edited excerpts:
How would you describe the events of last year and their impact on the gaming industry?
We started 2023 with the clarity that Meity is our nodal ministry. That was a significant development for us. Finally, we had a body to go to with our thoughts, concerns and questions. The change in TDS (tax deducted at source) and the creation of a new section for the online gaming industry was also a progressive step for this technology-driven entertainment sector.
यह कहानी Mint Mumbai के January 24, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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