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Tag: Online Gaming

Taarak Mehta Ka Ooltah Chashmah Makers Foray Into Gaming Online Gaming

27 Sep, 2023 Taarak Mehta Ka Ooltah Chashmah Makers Foray Into Gaming

Neela Films, renowned for its iconic television show ‘Taarak Mehta Ka Ooltah Chashmah,’ (TMKOC) which has consistently dominated the TV charts for the past two decades, is poised to revolutionize the entertainment industry through its, digital foray into gaming, animation, a...

28% GST On Online Gaming: What It Means For The Players? Online Gaming

03 Aug, 2023 28% GST On Online Gaming: What It Means For The Players?

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...

28% GST On Online Gaming Claims Its First Casualty In Quizy Online Gaming

02 Aug, 2023 28% GST On Online Gaming Claims Its First Casualty In Quizy

Last month the GST Council announced that it would levy a 28% GST on online gaming. Post that, there has been a lot of unrest in the online gaming community since the tax would mean that brands have to pay more than their revenues as taxes. And this decision has recorded its first casua...

Ministry Of Information And Broadcasting To Regulate Online Gaming Services And Advertisements Online Gaming

01 Aug, 2023 Ministry Of Information And Broadcasting To Regulate Online Gaming Services And Advertisements

The Central government of India has issued an order that aims at bringing content providers such as online gaming services and online advertisements under the Ministry of Information and Broadcasting. President Draupadi Murmu issued a gazette notification stating that ‘films and A...

50th GST Council Meeting: Online Gaming, Casinos And Horse Under Scanner Online Gaming

11 Jul, 2023 50th GST Council Meeting: Online Gaming, Casinos And Horse Racing Under Scanner

UPDATE 28% GST to be levied on online gaming, horse racing and casinos As per news reports, Finance Minister Nirmala Sitharaman stated that Group of Ministers (GoM) reached a consensus over levying 28% GST on full value of online gaming, horse racing and casinos. This will be applicable...

EXCLUSIVE: EvenBet’s Julia Panina Shares Key Insights On Online Gaming Online Gaming

22 Nov, 2022 EXCLUSIVE: EvenBet’s Julia Panina Shares Key Insights On Online Gaming

The recently concluded Gateway To Gaming (G2G) Expo 2022 saw professionals, experts and enthusiasts from fantasy, iGaming, casino, sports, and blockchain gaming industry come under one roof. The expo that ran from 11th to 12th November 2022 in Goa, had Gutshot Magazine as its proud medi...

TN Governor Approves Ban On Online Gaming In The State Online Gaming

07 Oct, 2022 TN Governor Approves Ban On Online Gaming In The State

Tamil Nadu Governor RN Ravi has enforced an ordinance to regulate online gambling games in the state. The state’s cabinet approved the regulation to ban online games last month.  The news was reported by a local Tamil Nadu news platform earlier today. The Governor approved the ordinance...

IT Notices Sent To Online Gaming Winners Says CBDT Chief Online Gaming

28 Sep, 2022 IT Notices Sent To Online Gaming Winners Says CBDT Chief

Central Board of Direct Taxes Chief Nitin Gupta claims that over ₹58,000 Crore has been won in prize money through online games in the past three years. And hence, the income tax (IT) department has started issuing notices to players who have played and won real money prizes via online ...

Online Gaming Laws: A Legal Game of Hide And Seek Online Gaming

26 Sep, 2022 Breaking: Tamil Nadu Cabinet Approves Online Gaming Ban

In latest news reports, the Tamil Nadu cabinet has approved an ordinance banning online games in the state. As per media reports, a cabinet headed by Chief Minister MK Stalin approved an ordinance banning online gaming in the state on Monday. According to news reports, the ordinance wil...

Indian Government To Launch An Online Gaming Regulatory Body Online Gaming

22 Sep, 2022 Indian Government To Launch An Online Gaming Regulatory Body

The Government of India has proposed an online gaming regulatory body, which will be a panel composed of Prime Minister Narendra Modi’s top bureaucrats. The panel will recommend the implementation of a regulatory body to govern online gaming in the country. They will also issue a highly...

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