The Supreme Court of India has recently directed the High Court of Andhra Pradesh to re-examine the eligibility of Online Rummy as a game of skill or game of chance after the report of the committee mandated by the High Court was submitted.
In the absence of any information about Online ... Read More
31
Aug2023
29
Aug2023
Karnataka IT Minister Priyank Kharge has asserted that the implementation of a 28% GST on online gaming will result in a decrease in talent and capital inflows if the government does not engage in a dialogue with gaming companies to resolve the issues facing the sector.
“I have written to the ... Read More
28
Aug2023
The Indian gaming industry, which is made up of more than 900 small and mid-sized gaming companies, could experience a shake-up soon if the government continues with its anti-business policies and heavy taxation, Roland Landers, CEO, AIGF said.
The industry apex body claims that there are currently more than 900 gaming ... Read More
23
Aug2023
In the past few years, the gaming industry has gone through a massive transformation that has forever altered the way we enjoy digital entertainment. One of the key players in this transformation is Virtual Reality, a technology that has revolutionized the global gaming industry. And nowhere is the impact of ... Read More
22
Aug2023
The gaming industry is seeing some amazing tech changes that are changing the way players play in virtual worlds. Cloud gaming, VR/AR, ray tracing, cross-platform games, and the esports scene are all changing the gaming experience. Plus, mobile gaming is taking off, especially for online slot fans. Let’s look at ... Read More
22
Aug2023
On 21 August 2023, the Madras High Court resumed the hearing in the matter of the challenge against the online gaming ban. The senior counsel of AIGF, Aryama Sundaram, made rejoinder submissions. He argued that the concerns of the state government regarding regulating the time and place of operation of ... Read More
21
Aug2023
The GST Council recently decided to levy a 28% tax on the total face value of online gaming transactions. This has caused a lot of worries among industry stakeholders, who are worried about how it could affect the industry's growth, investments, and jobs.
India’s online gaming industry has seen tremendous growth ... Read More
17
Aug2023
Nazara Technologies Limited, a multi-faceted gaming and sports media platform, has invested approximately ₹4.15 crore through its wholly-owned Singapore subsidiary, Nazara Private Limited, in Snax Games Limited, an Israeli-based game developer, the company announced through an exchange filing.
In addition, Nazara Technologies has signed a publishing deal with Snax Games, granting ... Read More
08
Aug2023
Two years ago, the biggest thing in gaming was next-gen consoles. Now that they're all gone, it's all about online gaming. The competition to be the king of virtual gaming is heating up.
Companies that once dominated the market are losing out to new startups. Things that were once thought to ... Read More
08
Aug2023
The recent proposal to impose a 28% GST on online pay-to-play games will not affect the taxation of esports titles such as FIFA, League of Legends or major titles on platforms such as PlayStation, Xbox and Nintendo.
The increased tax will only be applied to pay-to-play games where you can monetary ... Read More