As we get more clarity with a definition of cryptocurrencies and digital assets, it might cause headaches to another burgeoning industry in India – online video games. Finance minister Nirmala Sitharaman’s announcement in the 2022 Union Budget of proposing a 30% tax on digital assets and cryptocurrencies has brought a flurry of reactions. Proponents ofRead more
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This post summaries the Madras HC judgement on real money games and discusses its key implications. Last week, the Madras High Court passed a landmark judgment in Junglee Games India Pvt. Ltd. v. State of Tamil Nadu(2021) SCC OnLine Mad 2762, where it struck down the February 2021 amendment to the Tamil Nadu Gaming Act that prohibited bettingRead more
Join us in Bengaluru on the 29th for a discussion on the proposed intermediary guidelines – diluting the safety net for online intermediaries from liability on account of third party activity on their platforms. The Dialogue is for #socialmedia cos, messaging platforms, #videostreaming platforms, #gaming platforms, and founders who want to be on the leading edge of regulatory changes, to minimise business impact. Do write in if you would like to join. #techpolicy #startups