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Tag: online gaming

GST council unlikely to reverse 28% tax on online gaming; Relief on retrospective tax claims under consideration

The GST Council is unlikely to reverse the 28% goods and services tax (GST) on the online gaming industry, despite concerns from industry stakeholders....

Govt to consider some relief for money gaming industry from retrospective GST claims

The government is likely to consider some form of relief to the money gaming industry from the retrospective tax claims according to an official,...

IGDC expands developer day across seven Indian cities, introduces new initiatives

The India Game Developer Conference (IGDC), renowned as the premier game industry event in South Asia, has revealed its plans to expand the Developer...

ASSOCHAM hosts round table on strengthening IP laws in India’s gaming sector

On World Intellectual Property (IP) Day, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) organized a round table discussion emphasizing the necessity...

Xsolla to host inaugural “Forward Night” event in India, uniting game developers nationwide.

Xsolla, a global video game commerce company, has announced its venture into India with the launch of "Forward Night," an event aimed at collaboration...

Four arrested for extorting jewellery and cash worth ₹41 lakh from a school student in Bengaluru

In Bengaluru, four individuals were arrested and two minors detained, in an extortion case involving a Class 10 student from a private school. The...

Online gaming industry grapples with 28% GST impact

Since the government introduced a 28% Goods and Services Tax (GST) on online gaming bets over six months ago, the industry has been facing...

Games24x7 foundation expands ‘Wheels of Change’ initiative, bringing to the underprivileged youth

Games24x7 Foundation, the not-for-profit arm of India's leading online skill-gaming platform Games24x7, has revealed the expansion of its flagship program, 'Wheels of Change'. The...

HP launches new gaming laptops with AI features to capitalize on surging market growth

HP is now intensifying its focus on gaming, a segment that currently contributes 22% to 25% of its overall consumer business. With the recent...

Hyderabad woman’s trick: Fakes robbery after online gaming losses

A young woman from Hyderabad, distressed by her losses in online games, pretended to rob her house in Rajendranagar. The incident unfolded on Thursday...

ED targets online gaming sites in Curacao, Malta, and Cyprus

The Enforcement Directorate (ED) has launched an investigation into multiple online gaming companies and websites incorporated in small island nations such as Curacao, Malta,...

Renowned mental health expert joins SOGI advisory board to promote responsible gaming

Skill Online Games Institute (SOGI) has announced the addition of Dr. Yatan Pal Singh Balhara to its advisory board. Dr. Balhara, known for his...

The evolution of online gambling: From inception to innovation

Gambling has changed a lot because of the internet. Now, people can gamble online from their computers or phones. It's easier and more convenient...

GST authorities to block 60 offshore online gaming platforms to MeitY

The Goods and Services Tax (GST) authorities have advised the Information Technology Ministry to block 60 offshore online gaming platforms in an attempt to...

Online gaming tax review unlikely to be taken up by GST Council until SC clarity on retrospective dues

After the conclusion of the 51st GST Council meeting in August last year, all eyes were on the anticipated review of the 28% GST...

India’s online gaming industry creates over 100,000 Jobs in 2023: IEIC Report

As indicated by the latest report from the Interactive Entertainment and Innovation Council (IEIC), online gaming in India directly and indirectly employed more than...