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
19
May2022
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
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
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
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
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
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
11
May2022
The Fitment Committee, which involves officials from different states, is going to meet this week to talk about the hike in GST on online gaming, race courses, and casinos.
"There was clear agreement in a meeting held by a group of ministers last week." "We are trusting that the board will ... Read More
10
May2022
As per reports, the Goods and Service Tax (GST) Council is probably going to consider imposing a 28% GST on cryptocurrencies and bitcoins at par with the lottery, casinos, race courses, and wagering.
CNBC-TV18 detailed that the GST Council has named a board to consider the proposition of imposing a 28% ... Read More
06
May2022
A day after the Group of Ministers (GoM) entrusted by the GST Council to inspect topics associated with the GST regime overlaying online gaming, casinos, and racecourses met, the online gaming industry has made a sturdy pitch to the public authorities in opposition to raising GST rates to defend the ... Read More