Indian Government has imposed a 28% tax on these gaming companies, which will impact startups like Dream11, MPL, and Games 24x7.
Until now, these companies were paying 18% GST on only the platform fees, but now they will have to pay 28% GST on the entire transaction money.
Ashneer Grover has criticized this move saying that this move will kill the entire fantasy gaming Industry and that all Indian tech companies will move to Dubai or Singapore.
