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IndusLaw
"Is it true? Is it necessary? Is it kind?" – this very famous question was posed by Greek philosopher Socrates, to his followers. In essence, he impressed on his followers...
Parakram Legal
Recently, the Central Board of Direct Taxes ("CBDT") has issued rules to calculate "net winnings" in case of online games and issued guidelines in relation to the same for further clarification.
IndusLaw
"Is it true? Is it necessary? Is it kind?" – this very famous question was posed by Greek philosopher Socrates, to his followers.
Khaitan & Co LLP
The Ministry of Information and Broadcasting (MIB) issued an advisory dated 21 March 2024 to endorsers and influencers on social media, social media intermediaries and online advertisement...
BDO India LLP
From 1 October 2023, online gaming companies are required to charge a 28% Goods and Services Tax (GST) on the full value of bets. In addition, foreign online money gaming companies (FOMGCs) are required to register for GST and collect tax in India.
Argus Partners
The Ministry of Electronics and Information Technology ("MeitY" or "Ministry") has issued an advisory on December 26, 2023 to all intermediaries, emphasizing the adherence to the IT Rules and compliance with the instructions on prohibited content.
IndusLaw
Welcome, legal hitchhikers, to another voyage through the dynamic frontiers of the Media and Entertainment (M&E) space.
Nexdigm Private Limited
The GST Council in its 50th and 51st meetings had recommended to levy GST on Casino, Horse Racing and Online gaming at the uniform rate of 28% on full face value.
BTG Advaya
India has had an eventful year in the technology, media and communications (TMC) field in 2023. From the much-awaited data privacy law...
Khaitan & Co LLP
Digital services tax under Indian GST laws have been levied under a specific category called "online information and database access or retrieval" (OIDAR) services ...
LexCounsel Law Offices
The legal and regulatory landscape of India's online gaming industry have been fraught with several challenges. Historically, the distinction of online games into 'skill based' and 'chance based' games...
IndusLaw
‘Necessity is the mother of invention', a widely used English proverb is not just an encapsulation of age-old wisdom but also a modern-day adaption...
IndusLaw
‘Necessity is the mother of invention', a widely used English proverb is not just an encapsulation of age-old wisdom but also a modern-day adaption of the profound teachings ...
Poovayya & Co.
The Madras High Court has partly struck down the Tamil Nadu Prohibition of Online Gambling and Regulation of Online Games Act, 2022 insofar as it bans online rummy and online poker.
IndusLaw
In 1865, when the automotive industry was still in its nascent stage, British Parliament enacted a law (which later came to be known as the ‘Red Flag Act'), which placed several unreasonable restrictions on self-propelled road vehicles.
LEGALLANDS LLP
The Gaming and Gambling industry has experienced a quick upsurge, driven by the rise of online gaming platforms, e-sports, and mobile gaming applications.
LEGALLANDS LLP
In the Online Gaming Industry, understanding the complexities of financial transactions is not merely a matter of financial prudence but has become an essential component of compliance, risk management, and strategic decision-making.
S.S. Rana & Co. Advocates
With a rise in the availability and accessibility of technology and gadgets, one has seen a rapid increase in the online gaming apps available for users. A few factors for such uncalled...
Lakshmikumaran & Sridharan
The online gaming sector witnessed a series of watershed developments in the GST regime in the month of October 2023 from legislative and litigative standpoint.
IndusLaw
Robert Zemeckis' 1985 science fiction film BacktotheFuture is a cult classic. The film follows the life of a teenager who, is accidentally sent back in time...
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