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Showing posts with the label Indian Gaming

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...

Indus by SuperGaming: Indian Battle Royale Game Hits 5 Million Pre-Registrations

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  Indian startup   SuperGaming ’s upcoming battle royale game, Indus, has amassed over 5 million pre-registrations on Google Play, heralding its closed beta release during the festive season. SuperGaming, recognized for games like MaskGun and Silly Royale, released a cinematic trailer for Indus, featuring voices from notable figures such as Olympian Heena Sidhu and gaming YouTuber Techno Gamerz. The company’s proprietary gaming engine, SuperPlatform, is also in the works to support real-time multiplayer games. Indus aims to blend Indian cultural elements with a futuristic society for a distinctive player experience. CEO Roby John highlights that India’s billion-dollar battle royale market lacks a dedicated local game, despite 400 million Indian players. With 390 million online  gamers in India , according to FICCI-EY, SuperGaming is seizing the opportunity. As the battle royale genre, popular among Indian youth, evolves, developers like SuperGaming are leading the charge,...