Tamil Nadu Governor Returns Bill On Online Gaming
Tamil Nadu Governor RN Ravi has returned a bill passed by the assembly meant to ban online gambling and regulate online games. A highly placed source in the law department…
Budget 2023: Online Gaming Industry Seeks Lower GST, Clarity On Regulation
A tax rate of 28% could be detrimental to the growth of online sports, industry insiders said. (File)New Delhi: The Union Budget 2023-24 is set to be presented by Finance…
Why Tencent Investigated and Fired Over 100 of Its Employees in China
Chinese tech giant Tencent said Monday it had fired more than a hundred employees for violating company policies, with some referred to police and later found guilty of bribery and…
Toxicity in Gaming Is Rampant. This Nonprofit Is Fighting Back
“It’s dangerous to go alone! Take this,” says the famous quote from the iconic game The Legend of Zelda. In life, it is dangerous to go it alone—and having a…
Betting on Outcomes Of Online Games To Be Barred, Rules Expected In February: Minister
The Ministry has invited comments on draft rules for online gaming companies.(File)New Delhi: Online gaming companies will not be allowed to engage in betting on the outcome of games under…
Online Gaming Firms To Come Under IT Rules, Self-Regulation Proposed
The draft rules prescribe due diligence for online gaming firm.(File)New Delhi: The government has proposed a self-regulatory mechanism, mandatory verification of players and physical Indian address for online gaming companies,…
ED Investigates Gaming Companies’ GST Evasion Worth Rs. 23,000 Crore
Tax officers are investigating GST evasion of about Rs 23,000 crore by gaming companies between April 2019 and November 2022, Minister of State for Finance Pankaj Chaudhary said on Monday.In…
Panel On GST (Tax) Levy On Online Gaming, Casinos To Submit Report Next Week
The Group of Ministers (GoM) held its final meeting on the issue earlier this week. (File)New Delhi: The state finance ministers’ panel for GST (Goods and Services Tax) levy on…
China Has Resolved Its Youth Game Addiction Problem, Industry Body Claims
China has resolved the problem of game addiction among its youth, a report co-written by the country’s top gaming industry association said, in remarks likely to be welcomed by the…
GST (Tax) Law Panel Working With Experts To Define “Games Of Skill, Chance”
The industry has been demanding that games of skill should continue to be taxed at a lower rate.New Delhi: Centre and state Goods and Service Tax (GST) officers are working…