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Two days after the Promotion and Regulation of Online Gaming Bill, 2025, cleared the Lok Sabha, President Droupadi Murmu gave her assent to the much-talked-about bill, which aims to put a full stop to the entire real-money gaming industry in India, which employs thousands of people directly and indirectly. Read Article

 The Income Tax Department has instructed its officials not to initiate prosecution in cases where aggregate value of undisclosed foreign assets (other than immovable property) is up to ₹20 lakh. Earlier, this threshold was ₹5 lakh. New threshold will be effective from October 1, 2024. This instruction is important as the due date for filing the income tax return (ITR) for the assessment year 2025-26 ) is September 15, 2025. Read Article

Union Minister Ashwini Vaishnaw introduced the Promotion and Regulation of Online Gaming Bill, 2025, in Lok Sabha on Wednesday. The Bill aims to promote and regulate esports, educational, and social games, while completely prohibiting the offering, operation, facilitation, advertisement, promotion, and participation in online money games. Read Article

The online gaming bill, which sailed through the Lok Sabha on Wednesday, seeks to ban all online games played with money to curb rising instances of addiction and financial fraud. The new bill also prohibits advertising and promotion of money games across all forms of media. Online money games currently operate in the absence of a dedicated institutional and legal framework. According to the ministry of electronics and information technology (MeitY), the Promotion and Regulation of Online Gaming Bill, 2025, was brought forward to protect society from the harmful effects of the misuse of technology. Read Article

India’s s decision to potentially ban real-money online games has blindsided the $30-billion industry, risking 200,000 jobs and billions in tax revenue. Executives say they were working with regulators on tighter oversight—only to be outlawed overnight. Investors warn the potential move could erode confidence in India’s digital economy. Read Article

The proposed Promotion and Regulation of Online Gaming Bill, 2025, tabled and passed with unusual haste in the Lok Sabha today, has taken the legal fraternity by surprise. Top lawyers have described it as a draconian measure that not only threatens a booming ₹2 lakh crore industry but also endangers the livelihood of lakhs of people employed in the sector. Legal experts said the contentious Bill, which carries severe legal ramifications, will be taken up in the Rajya Sabha tomorrow before being sent for Presidential assent. Read Article

Ban on real money gaming abuses our Constitutional rights, say gaming companies, in response to the passing of the Promotion and Regulation of Online Gaming Bill, 2025. An entire sector generating revenue worth ₹31,000 crore is about to be ousted from the Indian economy to prevent addiction risks among the youth under the Online Gaming Bill passed by the Lok Sabha on Wednesday. Read Article

The Securities and Exchange Board of India (Sebi) is proposing to ease norms for large companies looking to sell shares through an Initial Public Offering (IPO). The regulator has recommended to reduce the minimum proportion of shares (MPS) that such companies must offer to the public in the issue. The proposal would allow entities such as the National Stock Exchange (NSE) and Reliance Jio Infocomm, which command multi-billion-dollar valuations, to go public with a smaller float. Read Article

The Securities and Exchange Board of India (Sebi) on Monday proposed lowering the minimum dilution requirement for mega initial public offerings (IPOs), a move expected to benefit large listings such as Reliance Jio Infocomm and the National Stock Exchange (NSE). Under the proposed norms, companies with a market capitalisation exceeding ₹5 trillion would be allowed to significantly reduce their minimum public offer (MPO). For instance, under the current framework, a company with a market valuation of ₹15 trillion must come out with an MPO worth ₹80,000 crore. This has been proposed to be reduced to ₹ 37,500 crore. Read Article

The Securities and Exchange Board of India (Sebi) on Monday proposed lowering the minimum dilution requirement for mega initial public offerings (IPOs), a move expected to benefit large listings such as Reliance Jio Infocomm and the National Stock Exchange (NSE). Under the proposed norms, companies with a market capitalisation exceeding ₹5 trillion would be allowed to significantly reduce their minimum public offer (MPO). For instance, under the current framework, a company with a market valuation of ₹15 trillion must come out with an MPO worth ₹80,000 crore. This has been proposed to be reduced to ₹ 37,500 crore. Read Article

SEBI is considering easing IPO norms for large companies like NSE and Reliance Jio, potentially allowing them to list with smaller floats. For firms exceeding ₹50,000 crore market cap, the minimum share sale could drop to 8%. The regulator also proposes extending the timeline to meet minimum public shareholding norms, aiming to prevent oversupply and stabilize share prices. Read Article

The Securities and Exchange Board of India (SEBI) on Monday proposed relaxing the minimum public offer requirements for very large companies and also extended the timelines for them to meet the minimum public shareholding (MPS) norms. According to the proposed framework, instead of adhering to a fixed high percentage, large issuers will have the flexibility to start with smaller IPOs and gradually meet shareholding requirements over a longer period. The relaxations will reduce the minimum threshold of shares to be sold to the public and reduce stake dilution pressure for the issuers. Read Article