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Latest Articles in online gaming
Global Investors Write To PM Modi On Gaming Tax, Cite Adverse Impact On Sector
They said that decision will “adversely impact prospective investments to the tune of at least $4 billion in the next 3-4 years and hence the growth of the gaming sector in India
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Real Money Faces Real Threat: GST Council Puts 28% Tax On Online Gaming
Many have went on and described this decision as a 'self-goal' that will 'kill the industry'.
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50th GST Council Reduces Tax On 4 Items, Imposes 28% On Online Gaming
The GST Council, a constitutional body, is in charge of making recommendations on the implementation of the GST in India and holds its meeting on a regular basis to discuss and make decisions on various GST-related issues
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Investment In Indian Startups In H1 CY23 Lowest In Last Four Years: Report
Bengaluru, NCR and Mumbai continue to be the key startup cities in India
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GoM Report On Online Gaming Needs To Be Revisited Due To Developments In Last 6 Months: Report By LKS
According to the analysis in the report, the first GoM Report on Online Gaming appears to be a deviation from the laid down judicial principles and the recognition of legal status of online games approved under the IT Rules
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Delay In TDS Rules On Online Gaming, Leading To Confusion Amongst Users Of Online Gaming
Under the old provisions, the online gaming industry was required to deduct TDS on every winning above Rs 10,000
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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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New TDS provisions For Online Gaming Likely To Pose Compliance Challenges For Users & Industry: Report
A report by Lakshmikumaran & Sridharan provides a detailed overview of the new taxation regime announced during Financial Bill 2023
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Over-Taxation On Online Gaming And Lessons From Other Industries
The direct implications of taxing the entire contest entry amount is antithetical to the approach taken by the government in the pragmatic legislative intervention precedent to the current scenario, and holds dire consequences for the industry
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MeitY Reiterates Its Jurisdiction For Online Gaming - Calls For Consensus On Central Law For Gambling
The Minister recognised the sector's contribution to the digital economy and the favourable effects of online gaming on the economy, including the emergence of new employment prospects
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India’s First CoE For Online Gaming Will Come Up In Shillong By March 2023
The Centre of Excellence (CoE) will be set up by Digital India Startup Hub through the Software Technology Parks of India
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Centre Proposes Self-Regulatory Mechanism, Due Diligence For Gaming Companies
Now, online gaming companies will come under the new IT rules that were issued back in 2021 for social media platforms
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Centre Appoints MeitY As Nodal Ministry For Indian Online Gaming Industry
The government of India designates the Ministry of Electronics and Information Technology (MeitY) as the nodal ministry to oversee India's online gaming industry, ending the long-awaited need for a uniform regulatory framework.
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Gov’t Should Put Ban On Online Gaming, Says Karnataka MLA
Numerous cases of people losing money and losing control of their lives have been reported to the police
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