Fitment Committee likely to propose to GST Council an amendment to relieve online gaming industry from retrospective tax demands

The union Finance Ministry has proposed an amendment to the Central Goods and Services Tax (CGST) Act, 2017. This proposal, which introduces a new Section 11A, aims to enable the central government to refrain from recovering GST that was not levied or was under-levied due to general practice. As reported by Economic Times, this amendment […]
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NODWIN Gaming appoints Ishaan Arya as vice president to drive global expansion and innovation

NODWIN Gaming has announced the appointment of Ishaan Arya as the new Vice President of Sales and Partnerships. Arya, a professional with over a decade of experience in the gaming and esports industry, previously co-founded The Esports Club. He has been involved in organizing major gaming and esports events in India, such as The Arena, […]
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Rising concerns over illegal activities in Bengaluru: Gaming and betting in spotlight

Despite continuous efforts by law enforcement, illegal activities continue to pose challenges in Bengaluru, as highlighted by recent data released by the Bengaluru City Police. The city has seen an increase in various illegal betting and gambling practices, with May reporting an increase in arrests under the Narcotic Drugs and Psychotropic Substances (NDPS) Act. As […]
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Four men arrested for kidnapping courier employee over online betting losses

In Chennai, four men who lost money betting online on the advice of a courier firm operator kidnapped his employee on Wednesday and demanded ₹20 lakh for his release. Times of India reported that the victim has been rescued on Thursday, and the kidnappers were arrested. The courier office in Sowcarpet has been run by […]
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Government to establish national centre of excellence for AVGC and XR in Mumbai

The Indian government is set to establish a National Centre of Excellence (NCoE) for Animation, Visual Effects, Gaming, and Comics (AVGC) and Extended Reality (XR) in Mumbai, aiming towards the growth of sector. The centre will be located in Film City, Mumbai, on a 10-acre plot allocated by the Maharashtra government. The project, costing over […]
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The ultimate guide to the best gaming earbuds you can buy in 2024

In the ever-evolving world of gaming, audio quality plays an important role in delivering an immersive experience. Whether you’re fighting intense battles, exploring vast open worlds, or communicating with teammates, having the right earphones can make all the difference. As we step into 2024, the market is brimming with innovative earphones designed to enhance your […]
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SportsBaazi witnessed 100% increase in revenue during IPL 2024 and surged engagement during T20 World Cup

SportsBaazi, a sports gaming platform in India, reported a 100% increase in revenue during the IPL 2024 season compared to IPL 2023. The platform also saw a 1.5x increase in user engagement during the first week of the T20 World Cup. The average time users spent on the platform more than doubled, rising from 11 […]
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GST Council to meet on June 22, may consider RMG tax review & retrospective tax dues

The 53rd meeting of the GST Council will be held on June 22, 2024 in New Delhi. The last meeting of the GST Council was held on October 7, 2023 under the chairpersonship of the Union Finance Minister Nirmala Sitharaman. The 53rd meeting of the GST Council will be held on 22nd June, 2024 at […]
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Acer India launches budget-friendly ALG gaming laptop with high-performance features starting at ₹56,990

Acer India has launched its new ALG gaming laptop, offering gamers a budget-friendly option without compromising on performance. Priced competitively, the Acer ALG is powered by a 12th Gen Intel Core i5 CPU paired with up to an Nvidia RTX 3050 GPU, catering to entry-level gaming enthusiasts. The laptop is equipped with an Intel Core […]
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RMG companies face new financial strain as Google Playstore likely to impose service fees

Real money gaming (RMG) companies, including Dream11, Games24x7, and Mobile Premier League (MPL), are set to face increased cost pressures as Google implements service fees for listing these apps on the Play Store starting July 1 according to the Economic Times. This new levy comes as an additional challenge to these companies, which are already […]
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