Tag: sky exchange
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Dedicated Gamers And Cost Management Boosted Revenue Of Online Gaming Platforms
Leading online real money gaming platforms and fantasy sports providers have increased their revenue in the current quarter. Gamers, especially for real money games, are increasingly coming to leading platforms such as skyexchange-id.info to exploit their skills and experience. This steady growth in gamers has enabled real money gaming to dominate the revenue generation for…
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Valuation Rules for Levying GST on Online Gaming Is Are Prospective
Other day the minister of finance was replying to a question in the parliament that valuation rules for levying goods and services taxes of 28 percent on online real money gaming are prospective in nature. And the taxes will be on face value at entry level only. It means that a gamer playing with sky…
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Casual -Gaming Companies Are Exploiting Non- Intellectual Property Right Games
Few days back in the economic times startup awards 2023, a gaming company that is into casual games won the top prize in the online gaming category. The casual games and online gaming industry have been able to grow their consumers steadily over the years. But professional gamers and those who like to earn handsome…
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The Online Gaming Industry Is Sun Rising Industry According To The New Proposed Amendments
The online gaming industry in the country is likely to touch 8.6 billion US$ in the next few years compared to just 2.6 billion US$ $ in 2022. At the same time, the player’s base is increasing rapidly in tier 2 and tier 3 cities. Already there are multiple unicorns in the online industry. The…
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Recognition Of Games Of Skill Is Emerging In Online Gaming Industry
The consensus is emerging that games based on the skill of a player are not games of chance, and thus are within the legal framework for online gaming. The government of India is also seemed to come to the same view. It proposed a draft regulatory frame for online games, which is under discussion among…
