What is a Ludo Earning App? In the age of smartphones and digital entertainment, LUDO has experienced a resurgence in popularity. The traditional board game has evolved into a digital format, and with the introduction of Ludo earning apps, it has become more than just a source of entert...
Ganesh Chaturthi, the beloved festival celebrating the birth of Lord Ganesha, is a time of devotion, joy, and community bonding. While prayers and rituals take centre stage, incorporating games for Ganpati festival in society or pandal celebrations can infuse an extra dose of enthusiasm...
As per news reports, Nazara Technologies received ₹100 Crore in investment from Zerodha’s Kamath brothers. The online gaming and sports media brand held its first round of investments and as per the regulatory filing with the National Stock Exchange (NSE), Nazara Technologies’ board has...
The Central government issued a notification on the amendments in online gaming in the Central Goods and Services Taxes Act (CGST Act) and Integrated Goods and Services Act (IGST Act) on 18th August 2023. The bill was introduced in the monsoon session of the Lok Sabha on 11th August 202...
The highly anticipated HIT Games Conference is set to make history as it brings its renowned Games Summit to India for the very first time. Mark your calendars for September 14, 2023, as the gaming universe converges at the prestigious Welcomehotel by ITC Hotels in Bengaluru. Since its ...
In a shocking news, one of India’s biggest gaming companies, Mobile Premier League (MPL), has announced that it will be laying off as many as 350 employees, citing the latest imposition of 28% GST on online gaming as the reason for the bold step. This will be the second round of l...
After the GST Council announced the 28% GST on the face value of deposits in online gaming yesterday, the stocks of Delta Corp tanked by 8% when the market opened this morning. It recorded an opening price of ₹189 at 9.30 PM, after closing at ₹196.50 yesterday at 3.30 PM. Finance Minis...
The Goods and Service Tax (GST) Council sent waves of shock and unrest among the online gaming community after its 51st GST Council Meeting held on 2nd August 2023. The council upheld its previous decision to impose 28% GST on the face value of deposits made by a player. Previously, the...
The latest decision of the Goods and Service Tax (GST) to levy a 28% tax on the face value of deposits made in online gaming has left the industry disheartened. The new tax regulation will have a massive negative impact on the industry. To understand better what this tax really means, c...
The 51st Goods and Service Tax (GST) Council meeting was held today, in which the council upheld that they would levy a 28% GST on the face value of the deposits made by players. While clarifying the new amendment, the Finance Minister of India, Nirmala Sitharaman, said, “Valuation of ...
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