The board of ministers entrusted to survey the GST levy on casinos, race courses, and online gaming has concluded its report, which will be taken up at the forthcoming GST Council meeting.
The Group of Ministers, led by Meghalaya CM Conrad Sangma, had in its past meeting starting this month collectively ... Read More
Tag: Gaming industry
19
May2022
The Indian gaming industry is in a fix after the group of ministers (GoM) collectively proposed a flat 28% goods and services tax (GST) on gaming activities.
Indian gaming organizations and the industry body addressing the industry have made portrayals for the continuation of the 18% taxation, saying that this brings ... Read More
May 19, 2022Roland Landers
19
May2022
Artificial intelligence is advancing in every industry, including gaming. Through advancement and development, technology is outgrowing our assumptions consistently. In gaming, artificial intelligence (AI) allows the players to experience responsive and adaptable encounters of video games.
AI has been available in video games for quite some time now. Today it is ... Read More
May 19, 2022Roland Landers
18
May2022
Smartphones have become a vital part of the global expansion of the gaming industry. The gaming business has expanded thanks to the growth of mobile games. Platforms such as Facebook and Instagram have begun producing new mobile games to assure uniqueness in their products and to benefit from user engagement ... Read More
May 18, 2022Neha Sharma
16
May2022
The recently chosen BJP governments, including those in UP, Manipur, Goa, and Uttarakhand, might have detected the gigantic market for online gaming and e-gaming startups. They support these ventures and are pushing this forward even though the Karnataka High Court debate with the industry prohibited online gaming in the state.
The ... Read More
May 16, 2022Roland Landers
16
May2022
Notably, the Group of Ministers (GoM) assigned by the GST board to online gaming, casinos, and race courses is probably going to meet in mid-May to conclude their view, which is probably going to hike the GST rate from the current 18% to 28%.
The online gaming industry has moved toward ... Read More
May 16, 2022Roland Landers
16
May2022
Gaming has evolved tremendously over the last 10 years. From mobile devices that can play games to multiplayer gaming online and the introduction of augmented reality, gaming has never been bigger. But one thing has remained constant: the allure of gaming. Today, it’s not just the biggest entertainment industry in ... Read More
May 16, 2022Roland Landers
13
May2022
The Indian online gaming industry has drawn areas of strength from funding and private equity investors over the most recent three years, with its market size, assessed at Rs 10.1 billion and scheduled to develop to Rs 15.3 billion. With a critical population of mobile users in the 15–30 age ... Read More
May 13, 2022Roland Landers
12
May2022
From the banning of PUBG Mobile to the launch of VALORANT, Indian esports have witnessed huge progress this calendar year. Having said that, the expansion of real-money gaming and fantasy platforms in the sector is a significant advance that has long gone unnoticed.
While the distinction between esports, real money games, ... Read More
May 12, 2022Roland Landers
12
May2022
Betting is illegal in India. A few Indian states, for example, Odisha, Andhra Pradesh, and Telangana have restricted such games, referring to psychological wellness and habit-forming concerns. In others, for example, Kerala and Karnataka, courts have overturned state boycotts.
A group of petitions on the issue are forthcoming in the country's ... Read More
May 12, 2022Roland Landers