“Online gaming expected to attract investment once tax policy is finalised”, says FM Sitharaman

Finance Minister Nirmala Sitharaman announced that the GST Council is currently discussing taxation policies for online gaming. She expressed optimism that the sector would receive investment once the policies are finalized.

Sitharaman was answering a query from Krafton, a Korean gaming company, regarding India's efforts to lure foreign investment in gaming companies.

"Once the policy certainty arrives, taxation becomes more ... clear, it will attract investors," Sitharaman said while addressing the Indian diaspora in Seoul.