
Online gaming bill: At a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi (PM Narendra Modi), the online gaming bill has finally been approved. The main purpose of this bill is to control online betting and gambling games, as well as bringing all these digital platforms to a legal box. The bill provides for severe punishment and penalties on the betting of digital apps. The bill is likely to be introduced in the Lok Sabha soon.
Head of the new Act
With this new law, there are many major changes in online betting and gaming industry.
Provision of punishment: Strict action will be taken against those who run betting and gambling apps. It will be imprisoned for up to 3 years and a large penalty.
Ban on apps: If the government needs it, they can ban such apps and websites.
Ban on celebrities: This is the biggest change. No celebrity can now advertise or promote any betting app. If anyone does this, strict legal action will be taken against them.
Tax (Tax): Online gaming already applies to 5% GST. In addition, the gaming will now have to pay 5% tax on the income from gaming.
Foreign apps: Foreign apps will also come to this tax room. The non -registered platforms will be blocked by the government.
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A hard step to save the younger generation
In the last few years, the online gaming market has increased drastically. But at the same time, betting, addiction addiction and fraud have also increased. Many states had complained of increasing gambling addiction that the younger generation was becoming indebted and facing financial crisis.
The government has taken this step to protect the youth from all these dangers. The Ministry of Education has already warned parents and teachers about this addiction. It is now mandatory to warn of addiction and financial danger in advertising.
Overall, this new law has been introduced to make the online world more safe, responsible and reliable. This will not only hold the laws on the companies, but also the celebrity and the players who promote them.
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