कोशिश गोल्ड - मुक्त

Social good gets priority: Govt

Financial Express Delhi

|

August 21, 2025

MEITY SECRETARY S KRISHNAN told a television news channel that the number of jobs created by the industry was in thousands, but over 450 million people play online money-based games, creating distress to a very large number of households.

The government said the prohibition will cost it heavily in GST revenue. Collections from online gaming surged by over 400% after the GST Council imposed a 28% levy in 2023, jumping from ₹1,349 crore to ₹6,909 crore in just six months. But senior officials insist the trade-off is worth it. "We chose the safety of middle-class families over some industry. Limiting harm to society is more important than revenue," one said.

Framing the move as necessary to protect families, ensure transparency, and curb national security risks, officials said the Bill is not intended to crush gaming as a whole but to distinguish between what benefits society and what causes harm.

Financial Express Delhi से और कहानियाँ

Financial Express Delhi

An eye for your car ride

THESE DASHCAMS DELIVER CLEAR AND SHARP VIDEO

time to read

1 mins

December 15, 2025

Financial Express Delhi

ED aims to end legacy FERA cases by early 2026

THE ENFORCEMENT DIRECTORATE has decided to bring to a conclusion cases registered under the Foreign Exchange Regulation Act (FERA), which was repealed by the country more than 25 years ago in 1998.

time to read

1 min

December 15, 2025

Financial Express Delhi

Spotify lets you control your music

SPOTIFY WILL BEGIN testing a new feature that allows users to type an idea for a playlist into the app and receive a unique set of songs based on their historical taste and behaviour.

time to read

1 min

December 15, 2025

Financial Express Delhi

From catch-up to contender: How Gemini is challenging GPT

RAM SAID THAT Perplexity is strengthening its niche in citation-backed research, functioning as a precision search tool in contrast to legacy “needle-in-a-haystack” search models.

time to read

2 mins

December 15, 2025

Financial Express Delhi

Go for aggressive hybrid funds for low volatility

THEY SCORE OVER DIVERSIFIED LARGE-CAP FUNDS IN RISK-ADJUSTED RETURNS

time to read

2 mins

December 15, 2025

Financial Express Delhi

TVs set to get costlier on weak rupee, memory chip crunch

PRICES OF TELEVISIONS are expected to rise by 3-4% from January on account of the rising cost of memory chips and depreciation of the rupee, which recently crossed the 90-to-a-dollar mark for the first time.

time to read

1 mins

December 15, 2025

Financial Express Delhi

Amazon bets on short-term lending for q-comm growth

INVENTORY-LIGHT MODEL SEEN REDUCING CASH BURN

time to read

2 mins

December 15, 2025

Financial Express Delhi

India ranks 3rd in Stanford Global AI Vibrancy tool

INDIA HAS BEEN ranked third in Stanford University’s 2025 Global AI Vibrancy tool, which shows progress made across seven pillars comprising research and development, talent, infrastructure, in a year.

time to read

1 min

December 15, 2025

Financial Express Delhi

OpenAI scraps equity vesting policy

OPENAI TOLD STAFF that it was ending its policy requiring employees to work for at least six months at the company before their equity vests, the Wall Street Journal reported on Saturday, citing unnamed people familiar with the matter.

time to read

1 min

December 15, 2025

Financial Express Delhi

Maharashtra under fiscal pressure, admits Fadnavis

Claims state will become India’s first $1-trillion economy by’30

time to read

1 mins

December 15, 2025

Listen

Translate

Share

-
+

Change font size