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Searched Tag: online gaming
DGGI uncovers ₹81,875 Cr GST evasion in online gaming in FY24

DGGI uncovers ₹81,875 Cr GST evasion in online gaming sector

September 16, 2024, 03:32 PM - 3 min read

In its latest annual report, the Directorate General of GST Intelligence (DGGI) said it detected a record 6,084 cases of tax evasion in 2023-24, involving Rs 2.01 trillion in GST, which is double the Rs 1.01 trillion identified in FY23 across 4,872 cases.

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Online gaming revenue soars 412% to ₹6,909 cr: FM Sitharaman

Online gaming revenue soars 412% to ₹6,909 cr: FM Sitharaman

September 10, 2024, 02:43 PM - 2 min read

Finance Minister Nirmala Sitharaman on Monday informed that revenue from online gaming has increased 412 per cent, reaching Rs 6,909 crore in six months, from the increased levy on the sector.

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GST Council to review insurance tax, online gaming

GST Council to review insurance tax, online gaming

September 8, 2024, 10:46 AM - 3 min read

The GST Council on Monday is expected to deliberate on a host of issues, including taxation of insurance premium, GoM's suggestions on rate rationalisation, and a status report on online gaming, sources said.

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LS member reports 3.5% of teens addicted to gaming

LS member reports 3.5% of teens addicted to gaming

August 9, 2024, 04:51 PM - 2 min read

Speaking during the Zero Hour in Lok Sabha, Lok Sabha MP Shrikant Shinde said 3.5% of adolescents suffer from gaming disorder, and added that in many cases, it has caused financial crisis for people.

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Indian students make video games for charity

Indian students make video games to support charity

May 22, 2024, 10:25 PM - 2 min read

The project started as an idea from two friends less than a year ago and has now grown into what is described as one of the biggest student-led video gaming initiatives at any UK university.

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Image for representative use.

Online gaming addiction drives son to murder mother for insurance money

February 25, 2024, 09:47 AM - 2 min read

According to police reports, the accused, identified as Himanshu, succumbed to the grip of addiction on the popular gaming platform Zupee, where successive losses resulted in a mounting debt of nearly ₹4 lakh. 

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24-year-old slits own throat after losing in online game

24-year-old slits own throat after losing in online game

February 18, 2024, 10:59 AM - 2 min read

The man, identified as Soumya Ranjan Nayak, is undergoing treatment in a hospital in Cuttack, where his condition is stated to be serious.

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