It should be noted that in its 50th meeting held in July 2023, the GST council decided to levy 28 per cent tax — the highest slab — on the full face value of online gaming
Category: Gaming
EXCLUSIVE: PKL promoting offshore betting, gambling firms; RMG players complain to MIB
The letter which is with Storyboard18 states that illegal betting and gambling platforms are conducting surrogate advertising by sponsoring PKL and participating teams.
Virat Kohli leads as top taxpayer among Indian sportspersons
The former Indian cricket captain paid Rs 66 crore in taxes for the 2023-24 financial year, topping the list of Indian athletes.
PM Modi’s I-Day speech spurs DPIIT to fast-track FDI policy for online gaming: EXCLUSIVE
DPIIT has written letter to MIB, MeitY, Niti Aayog seeking clarification on the definition of game of chance and game of skill for drafting a policy on 100 percent FDI for online gaming
India should adopt online gaming policies like UK, EU: GNLU
GNLU has also recommended that India should adopt a regulatory framework that mandates operators to incorporate limit-setting features for users
EXCLUSIVE: RMG players meet MIB, request quality seals for legitimate games
It’s important to note that for more than nine months now, policies surrounding the RMG industry have been on the back burner. With no developments on the regulatory front, RMG companies continue to struggle under the burden of additional taxes.
Esports awards 2024: S8UL wins content group award, Mortal loses
Surprisingly, Naman Mathur, also known as Mortal from India, lost to several international talents like Tarik and Nadeshot.
Valorant and Fortnite lead India’s online gaming chatter, BGMI follows close behind
In terms of social media chatter about top gaming streamers in India, Tanmay Singh, also known as ‘sc0utOP’ is topping the charts in social media mentions, closely followed by Ankit ‘v3nom’ Panth.
Kerala police issues notice to Google, Meta over gambling advertisements
Storyboard18 broke the news on Tuesday about Meta’s policy to allow alcohol and gambling advertisements on their platform.
India’s AVGC industry faces a 2.3 mn talent gap
Currently, there are 260,000 AVGC professionals scattered across India, primarily clustered in about 11-12 cities.