While the proposal of the self-regulatory organization (SRO) has taken centre stage in drafting online gaming rules, the government might consent to have multiple SROs.
Though the government is probably going to set up stringent rules and regulations for the legal responsibilities of SROs, The rules will incorporate dos and don'ts ... Read More
Tag: online gaming industry
20
Jan2023
With the ascent of the gaming populace in India, a few changes have been proposed to direct the online gaming industry.
These changes incorporate the proposed draught gaming rules by the Ministry of Electronics and Information Technology (MEITY), which is appointed as the nodal ministry for online gaming, and a change ... Read More
January 20, 2023Roland Landers
18
Jan2023
On January 17, the government extended the deadline for receiving stakeholder recommendations on the proposed gaming rules until January 25 and stated that the new rules would be ready by January 31.
The Ministry of Electronics and IT (MEITY) has fixed January 17 as the last date for public comments on ... Read More
January 18, 2023Roland Landers
18
Jan2023
According to industry sources, the stakeholders of the gaming industry suggested a self-declaration mechanism for registration and a graded approach to KYC in a meeting with the IT ministry on Tuesday.
"The industry largely stated that powers given to the self-regulatory body will lead to significant delays to the launch of ... Read More
January 18, 2023Roland Landers
18
Jan2023
The online gaming industry has urged the government to not lessen the current tax deducted at source (TDS) of Rs 10,000, which is supposedly being reviewed by the finance ministry.
In the meantime, the crypto industry has requested that the government decrease the 1% TDS on digital transactions and review income ... Read More
January 18, 2023Roland Landers
17
Jan2023
The Ministry of Electronics and Information Technology (MeitY) called for another public consultation on online gaming rules on January 17. Sources said that all major industry bodies, policy advocacy groups, and industry stakeholders will deliberate on the recently released policy.
The ministry earlier this month released draught amendments to the IT ... Read More
January 17, 2023Roland Landers
17
Jan2023
Union Budget 2023 for Online Gaming and Esports: Mr. Roland Landers, CEO, AIGF Shares The Pre Budget Expectations
by Roland Landers /
Recently, in a historic move, the Government of India officially acknowledged eSports in the country. Esports, also known as electronic sports, will currently be a part of the "multisports event" classification in India under the Ministry of Youth Affairs and Sports. Expenditure on the Department of Sports under the Ministry ... Read More
January 17, 2023Roland Landers
16
Jan2023
Responsible gaming is a wide concept that contains several policies and requirements that apply to pay-to-play to make sure they respect the highest standards of quality and offer a safe user experience that protects people from financial losses.
Rajeev Chandrasekhar, minister of state for electronics and IT, said it was ... Read More
January 16, 2023Roland Landers
16
Jan2023
Online Gaming Industry In 2023: A Lot More Than Just For Passing Time And Entertainment
by Roland Landers /
From video games to virtual reality, how we play games is changing drastically. All credit goes to the progression of innovation. Furthermore, we can't forget the impact of the Coronavirus on the development of the online gaming industry. The online gaming industry saw massive development during the COVID flare-up when ... Read More
January 16, 2023Roland Landers
06
Jan2023
Why Is India Regulating Online Games And What Does The Indian Gaming Industry Think About This?
by Roland Landers /
Recently, we told a tale about the Indian government regulating online games among kids. Thus, here's a detailed explanation of why we think the centre is proposing a regulatory framework like this and what the Indian gaming industry thinks about it.
To begin with, why?
How is India planning to regulate online ... Read More
January 6, 2023Roland Landers