Gaming News

Bhavin Pandya Interview: Fantasy gaming has had a rather slow start in a country that is obsessed with sports. But the launch of league cricket especially IPL has given the sector a much-needed boost. The market size of the industry was estimated at USD 25.44 billion in 2022 and is expected to reach USD 72.06 billion by 2030. In this episode of Rollin’ With The Boss Bhavin Pandya, Co-Founder and Co-Ceo Games 24x7 the company behind brands like My11Circle and Rummy Circle talks to Abhishek Singh, Deputy Editor Mint, and the show host about his nearly two-decade-long journey as an entrepreneur. Watch the full interview with Bhavin Pandya in this video.

Check out our in-depth review of the Nothing Phone 2a, the latest offering from Nothing that promises a clean and bloatware-free smartphone experience. Join us as we delve into its design, display, performance, and features like the Glyph interface. With a focus on delivering value for money, find out if the Nothing Phone 2a could be your next smartphone purchase. Do not miss out on this analysis – watch now and share your thoughts in the comments below!

The Indian Parliament has approved legislative changes to implement the Goods and Services Tax (GST) Council’s proposal to impose a 28% tax on the full value of deposits made by individuals to online gaming platforms, casinos, and horse racing clubs. The amendments will come into effect from October 1st. The changes make a clear distinction between casual online games and those involving a wager, with only the actionable claims offered by ’online money games’ being subject to the 28% tax. The amendments also offer relief by allowing valuation based on the amount paid or deposited by players, excluding previous winnings. The online gaming industry has expressed concerns about the increased tax burden resulting from these amendments.

The decision to impose a 28% tax on online gaming will be implemented from 1 October. The decision was announced after 51st GST Council meeting by FM Nirmala Sitharaman. #nirmalasitharaman #onlinegaming #gaming #gstcollection #gstcouncilmeet #gstcouncilmeeting Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you. Click here to download the Mint App https://livemint.onelink.me/MrDS/p0kx3pdg

Finance Minister Nirmala Sitharaman will chair the GST Council meeting today. The council is expected to clarify the definition as well as the 28 per cent tax and details of how it will be levied on online gaming. Another key detail that the council will clarify today is whether games of skill or chance would be included in the definition of gaming. The government is also expected to introduce the amendments to the GST Act required to bring online gaming and horse racing as taxable actionable claims in the ongoing Monsoon Session of the Parliament.

The recently announced 28% GST on the gaming industry has set the cat amongst the pigeons. Provoking very strong criticism and opposition from industry stakeholders. Roland Landers, CEO of The All India Gaming Federation said that the decision was ’unconstitutional, irrational and egregious’. Several observers and experts have called it a self-goal, and a move that could kill the nascent gaming industry in the country altogether. Why is the industry reacting so strongly? And what’s the rationale behind calling the move an industry killer? Watch the video to find out.

An Olympic eSports event in Singapore is planning to use digital versions of real life sports like archery and baseball, instead of video games

As the release of several fighting games approaches this year, Tekken 8 remains one of the most highly anticipated games. Bandai Namco, the developers, have recently released a new gameplay trailer for Tekken 8, which focuses on Jin Kazama, following the one from earlier in February that showcased Kazuya Mishima.

For Pokemon GO players seeking to capture Tornadus in its Incarnate Forme, building a team of effective counters is crucial. Although the Therian Forme is typically preferred, the Incarnate Forme offers impressive stats and teachable moves that make it well worth the effort.