Budget 2026: Gaming and Esports Industry Eyes Revival with New Policies

• Prime Minister Narendra Modi's call to bring Indian epics like Ramayana and Mahabharata to global gaming platforms has boosted industry hopes.
• The gaming and esports industry anticipates significant policy announcements in the Union Budget 2026 to promote the sector.
• Industry leaders expect clarity on tax frameworks for mobile, PC, and console gaming, especially after the new online gaming regulations.
• There's a strong desire for esports prize money to be taxed like other sports, rather than the current 30% rate applied to gambling.
• The industry also seeks a shift in perception from financial institutions, which currently view gaming businesses as high-risk.

Why It Matters: The gaming and esports industry expects Budget 2026 to introduce policies and tax clarity for growth.