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I'm building an mobile app related to educational competition need som
12-May-2023 (In Tax Law)
In my app, when the user signup they'll purchase coins and play games, for every game winner gets prize money. after some milestone user tries to redeem coins to money (direct to their banks). in this process should i need to do any legal process like tax or any other . please guide me. Thanks for reading.
hi
as long as the games offered are a game of skill and not game of chance, you can ask the players to buy coins and redeem them later through real money.
in India, gambling, betting are banned in some states if offered online.
as long as the games offered are a game of skill and not game of chance, you can ask the players to buy coins and redeem them later through real money.
in India, gambling, betting are banned in some states if offered online.
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Adv. Rajagopalan
Hyderabad | 500+ Answers
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