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Latest Articles in gaming industry

Youngsters & Online Gaming GST: Lessons In Policymaking

The need for policy evolution goes beyond taxation and beyond online gaming. There lies the trust chasm

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Will Request GST Council For Reconsideration Of New Gaming Tax: Rajeev Chandrasekhar

According to a Deloitte assessment, the sector anticipates a considerable drop in tax income during the anticipated first five years if the tax obligation is raised from 18 percent on GGR to 28 percent on CEA

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India's Self-regulatory Bodies Address Testing Woes For Smaller Gaming Startups

If smaller companies have a dearth of data initially, they may run a limited test with a test group finalised by the board of directors of SRB. After a certain period, once the game is active and has enough data, they may run the requisite two to three stringent tests

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Gaming Companies Appeal To Govt Against GST Increase To 28%

In a letter submitted by the FICCI Gaming Committee to the board on Friday, the companies stated that this recommendation represents a significant departure from the current tax regime, which charges GST on platform fees and gross gaming revenue (GGR) at a rate of 18 per cent

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CBDT Issues Taxation Guidelines For Online Gaming Platforms

According to the new rule a person, who is responsible for paying any other person any income by way of winnings from any online game during the financial year is liable for an income tax deduction on net winnings in the person's user account

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Indian Gaming CEOs Call ‘Jagirdari’ Of Google’s 30% Levy On In-app Purchases

Customers who must make mandatory in-app purchases are restricted to using their payment systems, which entails a commission cost of up to 30 per cent

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Tamil Nadu Gov Signs Bill Against Online Gaming, Industry To Fight Back

The law will prohibit online gambling, including rummy and poker with stakes, striking a blow to the state's gaming industry

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Game Over For Betting Games: Govt Passes New IT Rules 2023

New IT Rules, 2023 have finally been released by the Ministry of Electronics and Information Technology (MeitY) putting a ban on games that involve betting and wagering

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The Gaming Industry Is Staring At A TDS Conundrum, Can Be Solved Through Simple Changes

Tax Deductible at Source (TDS) has been largely welcomed by the gaming industry, it also poses a conundrum, and potentially, difficulties for the future

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Responsible Gaming Measures Expected Even By Skill Game Players

65 Percent Agree Online Fantasy Sports Akin to Casino Games

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Gaming in 2023: A Promising Year For The Sunrise Sector

The gaming industry is not limited to just gaming anymore. There has also been the creation of a new content ecosystem primarily driven by esports players, gaming content creators and live streamers

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Gaming Industry To Add 1 Lakh New Jobs By FY23: Report

The sector is expected to attract FDI to the tune of Rs 780 crore by FY23. Additionally, stakeholders across the industry are also working to bring refined policies to govern the ecosystem

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India’s Gaming Industry Set To Expand With Millennial Push

Several factors including an increase in the availability and use of smartphones, increased internet penetration, and affordable data plans have provided a much-needed boost to India's Gaming Industry.

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'Casual Gamers Revolutionising Indian Online Gaming Industry'

Industry players, including semiconductor company MediaTek, mobile handset firms Oppo and Poco India, and gaming platforms Winzo and Gamezop, emphasised innovation in devices and content to be complemented by a strong digital infrastructure for the growth of the online gaming sector in India

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From The Dark Ages To The New Dawn In The Gaming Industry

With various initiatives of the government like Digital India a significant increase can be expected in the availability of high-quality and engaging gaming content.

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