ITR Filing: Online gaming income? Here’s how to report income tax returns for FY25

The Lok Sabha passed the ‘Promotion and Regulation of Online Gaming Bill 2025’, banning online money games. For FY25, online gaming income is taxed at 30% under Sections 115BBJ and 194BA. Losses can be adjusted against income, and TDS must be reported in ITR.

​The Lok Sabha passed the ‘Promotion and Regulation of Online Gaming Bill 2025’, banning online money games. For FY25, online gaming income is taxed at 30% under Sections 115BBJ and 194BA. Losses can be adjusted against income, and TDS must be reported in ITR.