Page 4 of Policy in Gaming

The GST council is overlooking the gamers’ fundamental right of livelihood guaranteed by article 21

Gamers write to FM Nirmala Sitharaman; addresses their concerns of 28% GST by the council

The letter also stated that the gaming community had conducted repetitive surveys and it resulted in over 9000 gamers stating…

Updated: July 14, 2023 20:39 IST

The government will initially notify three SROs

Online Gaming: The economic case for taxing gross gaming revenues

Burdensome taxation on online gaming will result in declining gaming volumes and may threaten the viability of gaming operators

July 10, 2023 13:08 IST

Gaming companies charge up to 20% of the contest entry amount, which is called platform fee.

Ahead of GST meet, rift wide open on e-gaming tax rate

The Goods and Services Tax (GST) Council to decide on a revised tax structure for the thriving online gaming sector…

July 7, 2023 11:26 IST

The Council will also consider inserting a definition in the GST law

Higher GST to inflate gaming fee, impact winnings: Industry

The companies will have no option but to pass on the additional tax burden to the gamers

July 7, 2023 11:10 IST

Taxation has been one of the key concerns for the industry since 2021

Online gaming: guardrails for sustainable growth

The new guidelines will help promote innovation, creativity, boost jobs and give the much-needed impetus to India’s techade

Updated: July 7, 2023 14:45 IST

A one-size-fits-all approach simply falls short in a country where languages, traditions, and preferences vary from region to region

Time to reap economic benefits of digitalization in gaming

June 29, 2023 08:59 IST

How can the taxation implications disaffect Indian gaming industry

It’s believed that this online gaming taxation regime can result in ramifications

June 28, 2023 15:45 IST

Certification of ‘permissible online real money game’ under the IT Act and IT Rules, provides a distinct legal status to online gaming

A path to fair taxation for India’s online skill gaming industry

The report proposes taxing online games based on GGR, aligning with global practices, suggesting setting tax rates between 15-20% on…

June 21, 2023 09:01 IST

Balanced GST regime critical for growth of the gaming industry

The imposition of 28% GST on Buy-in Amount may render the online skill-based industry unviable due to a significant drop…

June 17, 2023 12:21 IST

direct tax, tax collection, gross collections, budget estimates, refunds, corporate taxes, income

Why CBDT’s guidelines for TDS deduction is roller coaster ride for online gaming companies Premium Story

The CBDT clarified that under Section 194BA, GST would not be included when calculating winnings from online games for TDS

Updated: May 31, 2023 10:43 IST

The recent initiatives of the government seem to have created a positive outlook, for the gaming industry

Will Central Regulation of Online Gaming by MeitY resolve the GST issue finally?

Industry experts opine that GST will have a major bearing on the viability and growth of the industry, any undue…

May 4, 2023 09:24 IST

FIFS in collaboration with Deloitte India unveiled a report titled, ‘Fantasy Sports: A catalyst for the sports economy’

Fantasy Sports generated investment worth Rs 15,000 crore until FY22; grew 31% to reach Rs 6,800 crore in revenue

The industry has created high-skill jobs for 12,800 people and had indirectly employed 7,500 professionals in FY22.

April 19, 2023 08:28 IST

84% women consider gaming roles as viable career options, according to the HP India Gaming Landscape Report 2021

Breaking gender barriers in the Gaming industry

According to a recent Global Gaming Gender Balance Scorecard by 20-first, women account for 16% of executive teams in the…

April 16, 2023 11:59 IST

The right to appoint and denotify an SRO would reside only with the government

BrandWagon Explained: Online Gaming and the Theory of permissible games

What is the role of self-regulatory bodies in online gaming to determine the nature of games

April 10, 2023 09:45 IST

The new research is a primary study on Indian gamers that is conducted by surveying over 2,240 smartphone users across multiple demographics and geographics.

The number of e-sports players in India grew 4x from 150,000 in 2021 to 600,000 in 2022: Lumikai and AWS research

As per the research, women on average spend more time per week playing games, (11.2 hours/week) as compared to men…

April 6, 2023 14:34 IST

Heightened interest, engagement and involvement: How Fantasy Sports increases Sports consumption

According to a FIFS-Deloitte report, engagement on FS platforms has increased sports consumption by as much as 60%, marking a…

April 3, 2023 11:30 IST

Separate rules for calculating the net winnings are proposed to be prescribed. This provision once rolled out will be applicable from April 01, 2024 .

Online gaming sector readies for a high-tide as new taxation policy creates havoc

For the online gaming industry, it means that three times it has to change its ways of functioning when it…

February 28, 2023 08:43 IST

Taxability of winnings from Online Games – A Pandora’s Box

The intention behind introducing Sections 115BBJ & 194BA seems to be to ensure that winnings from online games are taxed…

February 26, 2023 11:41 IST

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Whirlpool India crashes 11% after promoter stake sale buzz: What triggered the sharp fall

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Whirlpool of India’s share price fell over 11% after reports of a large promoter stake sale at a steep 14% discount. The company’s weak financial performance in Q2 also contributed to the decline. The stock has delivered negative returns of 8% in the last five days and 40% in 2025. The 52-week high for the company is Rs 1,981.10 and the low is Rs 899.

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