In September 2022, a GST intelligence unit issued a show-cause notice to Gameskraft Technology alleging that the company failed to pay Rs 21,000 crore in GST, the biggest such claim in the history of indirect taxation.
Tag: gaming
10 years on, gaming, e-sports will be much bigger, says Nikhil Kamath
The Zerodha co-founder, whose stake in Nazara Technologies is set to rise to 3.5 percent, says gaming and e-sports will grow at a pace faster than old-school content.
No Luck By Chance: IIT study shows skill prevails over fate in online poker, rummy
As per the report, in both games, skill improves as users play more and more games, and there’s no difference in this whether the games are played online or offline.
Nazara Technologies secures Rs 100 crore investment from Zerodha founders
Among other things, the infusion of fresh funds will be utilized to invest in funding requirements and growth objectives of the company for making strategic acquisitions and investments in various companies.
Krafton’s BGMI game gets Indian government nod after 3-month trial
Krafton resumed the operations of its popular battle royale game Battlegrounds Mobile India (BGMI) on a three-month trial basis in May 2023.
Esports celebrities are going to be superstars of the future: KRAFTON’s Srinjoy Das
KRAFTON is addressing BGMI as a cultural session for the first time, says Srinjoy Das, Associate Director, Marketing, KRAFTON India.
28% GST: The beginning of the end for MSME gaming businesses in India?
The gaming businesses are only beginning to see layoffs and shutdowns. There will be more, say experts.
IQOO appoints Shwetank Pandey as chief gaming officer
In addition to the chief gaming officer role, iQOO has also appointed two zonal CGOs to the dynamic team. Aojesh Shrivastava from Delhi and Battu Nikhil Reddy (Shoutout YT), Hyderabad.
Online gaming platforms face Rs 45,000-crore tax demand
The Directorate General of GST Intelligence (DGGI) is likely to issue notices to these companies soon.
Gaming major Krafton looking for deep-tech Indian firms for localised content
“We believe in the power of Indian content and the potential of Indian IPs” says Krafton India’s CEO Sean Hyunil Sohn.