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ED attaches fresh assets worth Rs 442 cr in probe against online gaming company GameskraftThe Enforcement Directorate has attached assets valued at Rs 442 crore linked to Gameskraft Technologies. This action is part of an ongoing...
Gamer invested Rs 2.61 crore to play online rummy and poker games; loses net Rs 28 lakh, files ITR reporting Rs 4 lakh income; gets tax notice; he wins case in ITAT BangaloreGamer invested Rs 2.61 crore to play online Rummy, poker games; loses net Rs 28 lakh, stops playing, files ITR reporting Rs 4 lakh income; ...
ED attaches fresh Rs 1,906 cr worth assets of GameskraftThe Enforcement Directorate attached assets worth Rs 1,906 crore belonging to Gameskraft. This action was taken due to allegations of opera...
SC upholds govt retrospective 28% GST levy on online gaming companiesThe Supreme Court has backed the government's retrospective 28% GST on online gaming. The court ruled that online gaming platforms are not ...
ED freezes Rs 526 crore bank deposits in PMLA case against GameskraftIn a major crackdown, the Enforcement Directorate has immobilised assets worth over Rs 526 crore from the online gaming platform Gameskraft...
Swiggy, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...
Gameskraft Arrests: All you need to know about the alleged Rs 1,000-crore betting scamThe Enforcement Directorate has arrested three founders of Gameskraft Technologies, including Deepak and Prithvi Raj Singh, and Vikas Tanej...
ED arrests 3 founders of Gameskraft in PMLA caseThe Enforcement Directorate has arrested three founders of the online gaming platform Gameskraft. The arrests are linked to an alleged frau...
ICICI Bank Credit Card rule changes from January 15, 2026: Check new fees and benefitsICICI Bank is updating its credit card offerings. New rules for rewards, benefits, and fees will take effect on January 15, 2026. Cardholde...
New law likely to fuel shift from real-money gaming to esports, casual gamesThe Promotion and Regulation of Online Gaming Act, 2025, is expected to boost esports and casual gaming in India by providing regulatory cl...
Big changes in HDFC Bank credit card charges from July 1: Wallet loading, utility fees, online gaming, and other key spending categories impactedHDFC Bank is set to revise its credit card transaction charges starting July 1, 2025, impacting online gaming, wallet loading, and utility ...
SOGI calls for 28% GST on platform fees and not deposits for Indian gaming companiesThe Skill Online Games Institute (SOGI) has urged the government to impose 28% GST on platform fees instead of deposits to prevent tax arbi...
PhonePe in talks with top smartphone brands to pre-install Indus AppstorePhonePe launched its own Android-based app store, challenging Google's billing policy and commissions. It onboarded popular apps and gaming...
Double whammy coming for already struggling real gaming companiesReal money gaming companies like Dream11, Games24X7, and Mobile Premier League (MPL) face cost pressures with Google introducing service fe...
Real-money gaming firms look for cues in Google billing rowAs the battle between Google and startups over service fees unfolds, online real-money gaming (RMG) companies are observing the situation c...
Gameskraft’s revenue grows to Rs 2,662 crore, profit rises to Rs 1,062 crore amid tax troublesThe company’s revenue from operations increased to Rs 2,662 crore in FY23, an almost 25% increase from the Rs 2,113 crore it generated in F...
PhonePe partners with Dream11, Nazara Tech, A23, MPL and other game developers for Indus AppstorePhonePe is offering zero commissions on in-app payments in an effort to attract more app developers to build on its own app store.
DGGI raises Rs 55,000-crore tax demand from Dream11, other online gaming companiesThis includes a notice of approximately Rs 25,000 crore to Dream11, making it possibly the largest indirect tax notice in India. More notic...
Gaming regulations: Understand the games people playThe economics and potential of the entire industry are staggering, but cries out for unambiguous demarcation between games of skill and cha...
Digital ad spends likely to get a big boost this festive seasonWith e-commerce driving consumption in Covid times, digital advertising spends are likely to see a significant uptick this festive season.