India’s likely 28% GST on gaming companies set to kill many players, hurt FDIs: WinZo Co-founder Rathore

The proposal to impose a 28% tax on gaming companies that are still in the process of building IP and technology can be a call of doom for these companies, said Saumya Singh Rathore, a co-founder of gaming platform WinZO Games. In an exclusive interview with ET Online’s Gourab Das, Rathore said the possibility of imposing higher taxes poses challenges, not only impacting the runway of early-stage innovation-driven startups but also potentially shrinking access to FDIs and capital for even larger, more mature companies.