mobile premier league

Hike Lays Off Over One-Fifth of Workforce Due to GST Raise on Online Gaming

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[ad_1] Kavin Bharti Mittal-founded Hike, which owns Rush Gaming Universe, has laid off about 55 people — more than one-fifth of its total workforce — to absorb the impact of the GST hike on online gaming, a top company official said on Thursday. The development comes within a week of gaming unicorn Mobile Premier League … Read more

Government Directs Online Gaming Companies to Deduct Tax at Source if Players Claim Their Winnings

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[ad_1] Online gaming companies will be required to deduct taxes at source if players claim their net winnings, including bonuses or incentives, according to guidelines issued by the Central Board of Direct Taxes. However, bonuses or incentives will not be taxed if they are not claimed or withdrawn, the agency said. Net winnings will be … Read more