Mobile esports and digital gaming platform Mobile Premier League (MPL) has received certifications from six independent global security organisations for its player-first efforts. With seven layers of security, MPL has emerged as India’s most-secure gaming platform. Out of these seven layers of security have been given by six independent global security organisations after a meticulous …
Kavin Bharti Mittal, the founder of Hike, has made the difficult decision to lay off approximately 55 employees, which amounts to more than one-fifth of the company’s workforce. This action was taken in response to the significant impact of the recent GST hike on online gaming. Interestingly, this news comes just a week after Mobile …
According to guidelines issued by the Central Board of Direct Taxes, online gaming companies will now have the responsibility of deducting taxes at the source if players claim their net winnings, including bonuses and incentives. However, the agency clarified that bonuses and incentives will not be taxed if they are not claimed or withdrawn. To …