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Supreme Court Denies Relief On GST Demands For Online Gaming Companies

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The Supreme Court of India has recently made a crucial decision regarding Goods and Services Tax (GST) demands on online gaming companies. Two major players in this field, Head Digital Works and Games 24/7, were looking for immediate relief from these GST demands, but the Supreme Court didn't grant it. What's The Core Issue?  Well, the government decided to impose a 28% GST on the full amount of bets placed in online games. This decision is to be applied retrospectively, meaning it takes effect from the past, specifically from October 1. Earlier, these companies were paying 18% GST, but now they're facing a much higher rate. Perspectives Of Gaming Companies The gaming companies, represented by Senior Advocate Harish Salve, asked the Supreme Court to tell the government not to act on these tax demands until the court fully reviews this matter.  They're feeling the pressure because the GST department is constantly asking for details and any negative decision could really...

Sony Announces Project Q, Handheld Console To Stream PlayStation Games

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  Sony has recently unveiled “Project Q,” a new handheld gaming device with an 8-inch screen that streams   PlayStation   5 (PS5) games. Unlike competitors like Nintendo Switch or Steam Deck, Project Q is designed exclusively for PS Remote Play and requires game installation on the PS5. Although specific details about its features and performance are yet to be disclosed, Sony confirmed that the device will include an HD screen and all the buttons found on the DualSense controller. However, its offline capabilities and functionality without Wi-Fi connectivity remain unclear, leaving gamers curious. Sony plans to release more information, including pricing details, in the upcoming months. Sony’s decision to re-enter the handheld console market with a streaming device reflects the evolving landscape of portable gaming. While their previous handheld device, the PlayStation Vita, didn’t fare well, the success of Nintendo Switch has revitalized the market. Other brands like Val...