As the Indian government prepares for the impending Interim Budget 2024, leaders in the technology and gaming sectors are optimistic and anticipate potential advantages stemming from the forthcoming vote-on-account and the Interim Budget.
Amrit Kiran Singh, the President of The Skill Online Games Institute, emphasized the urgent need for a comprehensive review of the astronomical GST hike that has significantly impacted the Skilled Online Games industry.
He said, “The Skilled Online Games industry has correctly been promised a ‘review’ of the astronomical GST increase by the Finance Minister, that it has been hit with last year.”
“Government and industry need to work together with the aim of minimising the negatives and maximising the positives that this huge industry can provide for the Indian economy and the jobs situation. In this context I would appeal to the government for the promised “GST review” at the earliest. The vote on account (mini-budget) is as good a time as any,” added the President of SOGI.
Read more at: Livemint
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