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20% TCS To Online Gaming Tax: 5 Rules Coming Into Effect From October 1
Online Gaming Tax Rules: The new rules can have a direct impact on the lives of the people. So, it is important to be aware of these fresh guidelines.
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India To Lose Billions: Letter To PM Modi Over 28% GST Rule For Gaming
GST Council's decision to levy a 28% tax on real money online gaming industry will lead to a write-off of USD 2.5 billion investment made in the segment, a group of 30 Indian and foreign Investors said in a joint letter to PM Modi.
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Explained: Impact Of New GST Rules On Online Gaming, Auto Sector, Cinema
The GST Council has announced that the bets placed in online gaming and casinos will now face 28 per cent tax.
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Validity Of IT Rules, Relating To Online Gaming, Challenged In Court
The Delhi High Court on Friday said it would hear next week a petition challenging the constitutional and legislative validity of the Information Technology Amendment Rules, 2023, relating to online gaming.
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Centre's Online Gaming Rules Very Clear, Real Money Games Declaring Winners Based on Prediction Barred: ASG
The central government's rules for online games are very clear and betting money on uncertain events amounts to wagering, Additional Solicitor General N Venkataraman said on Tuesday. The new rules block online real money games that declare winners based on prediction of the unknown outcome, the ASG said, adding that some industry players were attem...
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Centre Announces New Fact-Check Body. Here's How It Will Flag "Fake News"
Announcing the guidelines for online gaming, the minister said that the final rule on the fact-checking unit is still in work
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MeitY Notifies Amendments to IT Rules Related to Online Gaming, Spread of False Information
Reaffirming its commitment to protecting the safety and trust of digital citizens, the Ministry of Electronics and IT has notified amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, related to online gaming and spread of false and misleading information regarding government business.
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New Online Gaming Rules to Spur Innovation, Boost Investor Confidence
The industry on Thursday said the new rules for online gaming will spur innovation, boost investor confidence and weed out gambling platforms while making the sector globally competitive. The norms are expected to help reduce regulatory fragmentation at the state level, and foster a more stable business environment, the industry said in one voice a...
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Government Unveils Key Amendments To Online Gaming Rules: Here Are The Changes
The aim of these amendments is to enforce greater due diligence by online gaming and social media intermediaries in respect of online games & fake or false misleading information related to Government business, Ministry of Electronics & IT said in a
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Government Releases New Rules For Online Gaming That Involves Betting
The government today released new rules for online gaming which prohibit any game that involves betting and wagering, and entail a framework of multiple self-regulatory organisations (SROs).
-
DMK Slams Tamil Nadu Governor For Returning Bill Banning Online Gaming
The ruling party in its mouthpiece again raised concerns regarding the online gambling and said that the influence of it are leading to number of suicides in the State.
-
Government to Hold Discussions With Stakeholders on PIB Fact Checks for Social Media in February: MoS IT
The government will hold discussions with stakeholders before its controversial plan to give powers to its arm the Press Information Bureau (PIB) to police fake news on social media, according to Minister of State for Electronics and Information Technology Rajeev Chandrasekhar. The Ministry of Electronics and Information Technology (MeitY) has prop...
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Betting on Outcomes Of Online Games To Be Barred, Rules Expected In February: Minister
Minister of State for Electronics and IT Rajeev Chandrasekhar said that as of now, all permissible online gaming will need to be registered with a self-regulatory organisation that will be accountable to the online gaming rules.
-
Government Moots Self-Regulatory Mechanism, Mandatory Verification for Online Gaming Firms
The government on Monday proposed a self-regulatory mechanism for online gaming firms in India as part of the draft online gaming rules. The upcoming rules will also require mandatory verification of players while firms will have to provide a physical Indian address. Meanwhile, the proposed amendments envisage that an online gaming intermediary wil...
-
Online Gaming Firms To Come Under IT Rules, Self-Regulation Proposed
Online gaming companies are expected to comply with the laws of the land, including any such law that relates to gambling or betting or the age at which an individual is competent to enter into a contract.
-
20% TCS To Online Gaming Tax: 5 Rules Coming Into Effect From October 1
Online Gaming Tax Rules: The new rules can have a direct impact on the lives of the people. So, it is important to be aware of these fresh guidelines.
-
India To Lose Billions: Letter To PM Modi Over 28% GST Rule For Gaming
GST Council's decision to levy a 28% tax on real money online gaming industry will lead to a write-off of USD 2.5 billion investment made in the segment, a group of 30 Indian and foreign Investors said in a joint letter to PM Modi.
-
Explained: Impact Of New GST Rules On Online Gaming, Auto Sector, Cinema
The GST Council has announced that the bets placed in online gaming and casinos will now face 28 per cent tax.
-
Validity Of IT Rules, Relating To Online Gaming, Challenged In Court
The Delhi High Court on Friday said it would hear next week a petition challenging the constitutional and legislative validity of the Information Technology Amendment Rules, 2023, relating to online gaming.
-
Centre's Online Gaming Rules Very Clear, Real Money Games Declaring Winners Based on Prediction Barred: ASG
The central government's rules for online games are very clear and betting money on uncertain events amounts to wagering, Additional Solicitor General N Venkataraman said on Tuesday. The new rules block online real money games that declare winners based on prediction of the unknown outcome, the ASG said, adding that some industry players were attem...
-
Centre Announces New Fact-Check Body. Here's How It Will Flag "Fake News"
Announcing the guidelines for online gaming, the minister said that the final rule on the fact-checking unit is still in work
-
MeitY Notifies Amendments to IT Rules Related to Online Gaming, Spread of False Information
Reaffirming its commitment to protecting the safety and trust of digital citizens, the Ministry of Electronics and IT has notified amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, related to online gaming and spread of false and misleading information regarding government business.
-
New Online Gaming Rules to Spur Innovation, Boost Investor Confidence
The industry on Thursday said the new rules for online gaming will spur innovation, boost investor confidence and weed out gambling platforms while making the sector globally competitive. The norms are expected to help reduce regulatory fragmentation at the state level, and foster a more stable business environment, the industry said in one voice a...
-
Government Unveils Key Amendments To Online Gaming Rules: Here Are The Changes
The aim of these amendments is to enforce greater due diligence by online gaming and social media intermediaries in respect of online games & fake or false misleading information related to Government business, Ministry of Electronics & IT said in a
-
Government Releases New Rules For Online Gaming That Involves Betting
The government today released new rules for online gaming which prohibit any game that involves betting and wagering, and entail a framework of multiple self-regulatory organisations (SROs).
-
DMK Slams Tamil Nadu Governor For Returning Bill Banning Online Gaming
The ruling party in its mouthpiece again raised concerns regarding the online gambling and said that the influence of it are leading to number of suicides in the State.
-
Government to Hold Discussions With Stakeholders on PIB Fact Checks for Social Media in February: MoS IT
The government will hold discussions with stakeholders before its controversial plan to give powers to its arm the Press Information Bureau (PIB) to police fake news on social media, according to Minister of State for Electronics and Information Technology Rajeev Chandrasekhar. The Ministry of Electronics and Information Technology (MeitY) has prop...
-
Betting on Outcomes Of Online Games To Be Barred, Rules Expected In February: Minister
Minister of State for Electronics and IT Rajeev Chandrasekhar said that as of now, all permissible online gaming will need to be registered with a self-regulatory organisation that will be accountable to the online gaming rules.
-
Government Moots Self-Regulatory Mechanism, Mandatory Verification for Online Gaming Firms
The government on Monday proposed a self-regulatory mechanism for online gaming firms in India as part of the draft online gaming rules. The upcoming rules will also require mandatory verification of players while firms will have to provide a physical Indian address. Meanwhile, the proposed amendments envisage that an online gaming intermediary wil...
-
Online Gaming Firms To Come Under IT Rules, Self-Regulation Proposed
Online gaming companies are expected to comply with the laws of the land, including any such law that relates to gambling or betting or the age at which an individual is competent to enter into a contract.
