The Vizag Cyber police in Visakhapatnam have arrested 11 individuals for taking illegal bets using an online betting platform. The police have also frozen 63 bank accounts that were used in the operations. Earlier in the year, there were arrests made relating to the Mahadev Book app in the city. Moreover, 10 more individuals were […]
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On Friday, September 29, five players of India DOTA 2 roster were eliminated from the esports leg of the ongoing Asian Games 2022. The Indian esports contingent got eliminated from all events during the group stage itself. This marked a complete exit of India from esports of the continental tournament. The DOTA 2 consisted of […]
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Gaming News
Govt notifies Principal Commissioner, Central Taxes, Bengaluru West as authority to issue GST registrations for offshore gaming firms
The centre on Friday notified the Principal Commissioner of Central Tax, Bengaluru West as appropriate authority to grant registrations to online gaming entities located outside in India but targeting Indian users. The notification will be effective from 1st October 2023. The government has decided to tax offshore gaming entities and necessary amendments were carried out […]
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The decision to implement 28% GST on full face value of initial deposits on online gaming, casinos and horse racing was taken at the 51st GST Council meeting on August 2 with the date of implementation being finalized as October 1. Ever since that the states have been working to bring the necessary amendments to […]
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Gaming News
Karnataka notifies ordinance to implement 28% GST on online gaming, casinos, horse racing
Ahead of the planned implementation of the new 28% GST regime for online gaming, casinos and horse racing from October 1, Karnataka government on September 29 passed an ordinance to amend their GST Act to incorporate the new policy. Karnataka had to take the ordinance route for the purpose as the state legislature is not […]
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Gaming is now emerging as one of the most popular hobbies, be it among the youngster looking to make a name in the competitive scene or adults looking for a fun time with friends on a casual game. As one cannot cut vegetables with a sword, in the same vein, one needs appropriate accessories for […]
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Counter Strike 2 is finally here with many changes including overhauled visuals, sound, utilities, new loadout system and to an extent the gun/game play too. Despite that, Valve kept the core gameplay for CS2 the same as CSGO. The update dropped directly over the CSGO servers on Thursday, September 28. The Steam page for CSGO […]
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The Ministry of Electronics and Information Technology (MeitY) is learnt to have put on hold plans to form Self Regulatory Bodies (SRBs) due to lack of “harmonisation” of views on the online gaming industry among several ministries – IT, Finance, Law and Home. A senior government official who spoke to The Economic Times said, “There […]
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Gaming News
28% GST for online gaming & casinos set to miss implementation target of 1st October as states yet to pass amendments
The proposed 28% GST implementation for online gaming, casinos, and racecourses is all set to miss the stated deadline of 1st October for implementation. While the centre has passed relevant amendments to CGST Act and IGST Act and notified the relevant rules, the corresponding amendments by certain states are still pending. As of 26 September, […]
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The Hangzhou Asian Games 2022 are currently under way. India is also taking part in many of the events, including four of the esports event out of seven planned this year. A total of 15 esports players represented the country across four games namely FIFA22, League of Legends, Street Fighter V and DOTA 2. Here’s […]
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