In an exclusive interview, Bhavin Pandya, co-founder and co-CEO of Games24x7, discussed the government's apprehensions, the industry's quest for regulations, repercussions of the tax rise, investor outlook, and the pathway for future growth amid perception hurdles. Edited excerpts:
How would you describe the events of last year and their impact on the gaming industry?
We started 2023 with the clarity that Meity is our nodal ministry. That was a significant development for us. Finally, we had a body to go to with our thoughts, concerns and questions. The change in TDS (tax deducted at source) and the creation of a new section for the online gaming industry was also a progressive step for this technology-driven entertainment sector.
هذه القصة مأخوذة من طبعة January 24, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 24, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Retirement Ready? Here Are Some Essential Tips For Financial Security
57% of urban Indians worry their retirement savings will deplete within a decade
PAN 2.0 must aim to end fraud via impersonation
It's welcome that tax authorities are simplifying processes for holders of permanent account numbers. The tech overhaul should also ensure sufficient checks to minimize PAN-theft fraud
Capturing the vintage romance of Havana
The photographs focus on the resilience of Cubans—of keeping music, dance, and laughter alive in the face of various challenges
A treasure trove of recipes from Jahangir's royal kitchen
Food historian Salma Yusuf Husain has translated a 17th century Persian manuscript with 120 rare recipes
Eye contact at meetings must get the attention it needs
Remote work is here to stay but virtual meeting platforms have not addressed their key point of inferiority
Economic advice for Trump and Powell: First, do no harm
Policy moves should help sustain business dynamism in America
Internal audit: AI will transform it by staying vigilant in real time
Embracing tools of artificial intelligence will enable IA to play a vastly enhanced role in delivering value to organizations
We should fix the business of opinion polling in India
Pollsters need self-regulatory mechanisms that can set standards and ensure transparency
Resolving disputes over public procurement: Let's aim higher
It has been a pivotal year for reforms but India needs more to vie for leadership in dispute resolution
Are multi-asset funds a good option amid the market rally?
MAAFs are structured to invest in a mix of asset classes, offering diversification benefits
