CRICKPE
Ashneer Grover's 'politics' jibe as Centre imposes 28% GST on gaming
BharatPe co-founder and ex-CEO Ashneer Grover raised concerns about the government's imposition of GST ion online gaming. Grover said that the government's decicion will impact the gaming industry and cause its death.
Fantasy gaming to grow at 30% CAGR till 2027, regulatory clarity on GST to help: Report
With over 300 fantasy sports platforms (FSPs) and 18 crore users, India is the fastest-growing fantasy sports market in the world. Further, about 60% of user transactions on the fantasy sports platforms have come in through tier-II and tier-III cities.
Online gaming companies say TDS will cut rows, compliance load
A top executive at a fantasy sports gaming platform said initially the government had set the July deadline for TDS applicability so that companies get enough time to comply, but the presence of two different taxation systems in a single financial year would have led to compliance problems and potential tax disputes.
BharatPe founder Ashneer Grover launches fantasy sports app Crickpe
Through Crickpe, which is a real-money gaming app, users of over 18 years of age will be able to create a virtual team of cricket players, and enter paid contests to earn cash prizes based on the players’ performance in real games. Users will also be able to participate in contests to win rewards.
Ashneer Grover’s Third Unicorn to enter fantasy sports with CrickPe
CrickPe will allow players to participate in different contests by either creating private groups or playing with real cricketers to win cash rewards.
