Group of Ministers may oversee online gaming regulation
group of ministers (GoM) to look into the regulatory framework for the gaming industry and consider other issues impacting the sector.
The GoM will likely include home minister Amit Shah, finance minister Nirmala Sitharaman, IT minister Ashwini Vaishnaw and information and broadcasting minister Anurag Thakur as members, ET has learnt.
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The ministry of electronics and information technology (MeitY) will continue to be the nodal ministry for online gaming. The proposed GoM will be assisted by senior officials from the department of revenue, income tax and Department for Promotion of Industry and Internal Trade (DPIIT) among others.
The online gaming industry is grappling with multiple issues including goods and services tax (GST) demands running into nearly Rs 1 lakh crore.
The enforcement agencies have also raised concerns over the possible use of gaming sites to launder money, tax evasion and lack of data. The GoM is expected to look into these concerns related to online gaming and the regulatory framework for the sector.
The government notified the rules for online gaming on April 6 and asked gaming companies and industry bodies to form an SRO within three months, adhering to
