At its next meeting, the Good and Services Tax Council is expected to set out the details of the proposed tax on online gaming, as well as define what constitutes an online gaming activity. “What exactly would constitute online gaming for the purpose of tax is likely to be clarified by ...
Tag: online gaming sector
August 1, 2023Admin akads
The initial six months of 2023 have been a thrilling ride, marked by the rapid integration of generative AI, AI chatbots, and digital advancements. These developments are driving improved operational efficiencies, robust strategies, and a heightened focus on fostering strong connections with stakeholders and consumers. Aligning with the present market ...
July 6, 2023Admin akads
India's top legal expert, Dr Kislay Panday, has approved the new IT regulations for online gaming. He says they'll help the industry grow and create a more structured online gaming business through self-regulated organizations. He also says the new rules will encourage fair play and make the gaming experience better, ...
May 26, 2023Roland Landers
About the PlayerzPot and the idea behind its inception It all began in 2015, in a small garage in the city of Airoli, Navi Mumbai, with a simple mission and vision: to become a one-stop gaming platform for India’s online gaming community. Considering our nation’s obsession with cricket and our love ...
May 24, 2023Roland Landers
A gaming technology company, Witzeal Technologies, has achieved a milestone of 35 million registered users in the online gaming sector. This achievement is largely attributed to the brands' consistent commitment to offering new games and features to their audience every quarter. In the most recent fiscal year, the company launched ...
May 11, 2023Roland Landers
A young India, with more than half of the 1.4 billion people below the age of 40, is asking for growth and change. The government is piloting the economy through three key pillars—digital technology, infrastructure, and sustainability. It is through this lens that the recent rules by the Ministry of Electronics ...
April 11, 2023Roland Landers
The online gaming sector is a quickly developing industry that has the capability of contributing to the country's motive of turning into a USD 1 trillion digital economy, generating employment, and growing innovation, a report said. Regulation of online gaming won't just open up economic opportunities yet, in addition, address ...
March 21, 2023Roland Landers
The accessibility of affordable internet and smartphones has fueled India's gaming sector's remarkable development. Over time, gaming has evolved from a source of entertainment to a mainstream industry. Being on the cusp of outstanding growth, the gaming sector is supposed to develop by 20–30% by fiscal 2023 and arrive at ...
March 3, 2023Roland Landers
The growth of the Indian economy has continued to be healthy despite a slowdown in the global economy. This is largely attributable to India's resilient technology industry, which is well on its way to becoming a digital economy worth a trillion dollars. Health tech, fintech, ed-tech, and agri-tech are just ...
January 30, 2023Admin akads
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 ...
January 17, 2023Roland Landers