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
28
Aug2023
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
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
03
Aug2023
The clarification made by the GST Council on Wednesday that a 28% tax would not be imposed on all subsequent competitions, but on the initial amount deposited by gamers on an online platform to engage in gaming activities, may provide some relief to bigger gaming companies.
Smaller startups and firms, however, ... Read More
01
Aug2023
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 ... Read More
01
Aug2023
The Centre has made a significant decision to transfer online content providers, such as online gaming services and online advertising, to the Ministry of Information and Broadcasting (I&B), as part of the Government’s efforts to better regulate and manage the ever-changing digital environment.
The gazette notification, issued by President Draupadi Murmu ... Read More
28
Jul2023
The sports department of Madhya Pradesh's government has extended the registration date for the E-sports Jr Championship due to an overwhelming demand for admission into India's first online gaming academy. The previous deadline of July 27 has been pushed back to August 1 to accommodate the 40,000 registrations received for ... Read More
18
Jul2023
The online gaming industry in India, which was hit hard by the 28% Goods and Services Tax (GST) proposed last week by the GST Council, may have a ray of hope. The Minister of State for Electronics & Information Technology (Meity) Rajeev Chandrasekhar said that he will "request the GST ... Read More