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Tag: FIFS

Online gaming industry signs code of ethics to safeguard user experience

Online gaming industry leaders including the Federation of Indian Fantasy Sports (FIFS), the E-Gaming Federation (EGF), and the All India Gaming Federation (AIGF) have...

AIGR Foundation set to apply for becoming online gaming SRB

The All-India Gaming Regulator (AIGR) Foundation has filed an application for the position of one of the Self Regulatory Body (SRB). With this application,...

Online gaming industry reacts to GST Council’s decision to levy 28% tax on initial deposits

The 51st GST Council meeting clarified that the 28% tax on online gaming and casinos at full face value will be levied on initial...

Online gaming industry miffed by GST Council’s decision to levy 28% tax on full face value amount

The GST Council, in its 50th meeting today, finalized the tax rate on online gaming, casinos and horse racing and it did come as...

MeitY to take a call on online gaming SRBs in at least 3 months

Sources have reported that the Ministry of Electronics and Information Technology (MeitY) will likely take further calls related to the formation of Self-Regulatory Bodies...

MeitY to start certifying online games if industry fails to form SROs before deadline

The Ministry of Electronics and Information Technology (MeitY) notified new online gaming rules in April this year and gave the industry three months in...

Online gaming firms write to CBIC through FICCI Gaming Committee not to increase GST rate to 28%

Online gaming firms have approached the Central Board of Indirect Taxes & Customs (CBIC) through the FICCI Gaming Committee, urging them not to increase...

Gaming bodies to present SRO details with MeitY soon

Online gaming startups are set to present details regarding setting up at least two self-regulatory organizations (SRO) by Sunday, June 11. The final news...

Reports: Fantasy Gaming to grow at 30% CAGR by 2027

According to a joint research by Deloitte and the Federation of Indian Fantasy Sports (FIFS), the fantasy gaming industry is expected to generate Rs...

FIFS lauds government for providing regulatory clarity to sector, believes it will spur growth

During a member meeting on March 3, the Federation of Indian Fantasy Sports (FIFS) praised the Government's initiative to give regulatory clarity to the...