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Cashfree Payment Gateway offers 180+ payment modes including Pay Later, Paytm, and Cardless EMI options etc. B)   5% from the amount withdrawn in cash if the aggregate of the amount of withdrawal exceeds Rs. 1 crore during the previous year. (2) No deduction if aggregate of such sum paid/payable does not exceed Rs. 20,000 during the financial year. (2) No deduction if aggregate of such sum paid/payable does not exceed Rs. 20,000 during the financial year.

Gaming app MPL to sack 60% of India staff after real-money gaming ban, source says

India’s new Promotion and Regulation of Online Gaming Act, 2025, has banned online money games nationwide, effective Wednesday. This move aims to curb social and financial risks, including money laundering and terror financing. The industry is now pivoting towards eSports and social gaming, with the government envisioning India as a global game development hub. Ultimately, these apps are ideal for boosting your income without any financial investment. However, it is important not to rely on a single app; instead, diversify your earnings across different money earning apps.

The app features entertaining games where you can win cash prizes. You can easily withdraw your earnings directly to your bank account. Sheroes is the best earning app without investment only for women, designed for entrepreneurship, upskilling, and employment. Here, women have access to online work from home jobs without investment, allowing them to earn money from the comfort of their homes. You can also engage in webinars, masterclasses, and networking sessions to upskill yourself and increase your earning potential. Harsh Goenka’s comment highlights the risks of sponsoring the Indian cricket team.

You can sell products & refer and earn up to ₹1 lakh per month. (b) An individual or a HUF who does not have any income under the head profits and gains of business or profession. # The threshold limit of Rs. 1 crore is increased to Rs. 3 croresif the withdrawal of cash is made by co-operative society. Viewers are advised to verify the content from Government Acts/Rules/Notifications etc. Click here to find out more about online multiplayer with PlayStation Plus. Yes, in most cases, you’ll need an active PlayStation Plus subscription to access online multiplayer modes on PS4 and PS5.

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Gaming bodies write to Amit Shah; urge to block blanket ban, warn of Rs 20,000 crore tax loss

Select PS5 games are also available as Blu-ray discs from physical and online retailers. Nathan Drake and Chloe Frazer, intrepid explorers, unearth long-buried secrets and embark upon high-stakes action in Naughty Dog’s acclaimed adventure series. Enlist in an intense multiplayer extraction adventure in which players compete against one another to scavenge valuable resources from the surface and safely extract. Enjoy unrivalled authenticity in EA SPORTS FC 26, featuring 20,000+ players across 750+ clubs and national teams, in over 120+ stadiums and 35+ leagues. The Indian Premier League has evolved into a significant social and commercial hub for India’s Gen Z, with 85% following the tournament.

  • Other companies like Zupee and MPL are also discontinuing or suspending real-money games.
  • The Central government’s recent ban on RMGs seeks to slam shut a digital Pandora’s box, but for thousands of debt-ridden families, the damage is done.
  • This shift could redirect investments from real-money gaming, which faces bans, towards these emerging sectors.
  • Apollo Tyres has emerged as the front-of-jersey sponsor for the Indian cricket team, securing the rights with a ₹579 crore bid, surpassing Canva and JK Cement.
  • Early advertisers include Swiggy, online astrology platform Astrotalk, and Tata’s ecommerce venture Tata Neu.
  • No, many PlayStation 5 games have physical Blu-ray release as well as digital editions.

Dream11, which is run by Sporta Technologies, parent of Dream Sports, also saw its revenue increase by over 2.5 times to Rs 2,070.4 crore in FY20 from Rs 775.5 crore in FY19. This comes two weeks after Dream11 had to suspend its operations in Karnataka, following complaints alleging violation of the newly implemented gaming ban in the state. Gaming companies are prepping legal challenges to the new Online Gaming Bill. “We want to go public as a sports tech company”, says Dream Sports CEO Harsh Jain on Dream11’s IPO plans, even as diversification plans are afoot with DreamSetGo and DreamX.

Tech professionals, however, remain in high demand as companies explore new business models. India’s ban on online gambling has shut down a billion-dollar industry, ending fantasy 4rabet live betting sports cash games and sponsorships like Dream11’s $43 million cricket deal. The law, aimed at curbing addiction, fraud, and money laundering, carries up to five years’ jail.

You can suggest any financial products according to your customer’s needs and earn commission on every successful sale. They empower you to work on your own terms, allowing you to set your schedule and choose what suits you best. Nearly 2,000 employees at real money gaming (RMG) firms including MPL, Games24x7, Zupee, PokerBaazi, and Head Digital have lost jobs after India’s blanket ban on the sector. Experts warn 5,000–6,000 jobs could be hit, with senior executives also exiting as firms halt or pivot operations. Payouts by Cashfree Payments is a payment disbursal platform used by businesses to do bulk payouts.

While most big companies in the RMG space have complied with the new law, one firm, Head Digital Works, which owns India’s top online gaming platform A23, has moved court. While some firms have announced the shutting down of real-money offerings, others are weighing the option of tapping overseas markets where real-money play is legal. For the domestic market, they plan to shift to free, ad-supported contest formats. But this is not expected to keep players looking for financial payoffs, engaged. However, Jain is confident of the investors backing him. The company’s cash reserves provide it with a few years of runway, he added.

Layoffs shake gaming startups; Ecomm logistics’ festive squeeze

Dynamic resistance mimics the tension of interactions with in-game gear and objects in select PS5® games. Step into the shoes of demigod warrior Kratos and dive into the Norse world to face unfamiliar lands and unexpected threats in Santa Monica Studio’s acclaimed action series. Explore the galaxies and dive into battle royale, survival, racing and rhythm games in Epic’s Fortnite universe. Experience the next generation of virtual reality gaming with PlayStation VR2. Explore and be immersed in incredibly realistic worlds and interact with tactile environments thanks to PS VR2’s innovative features. Immerse yourself in the Marvel universe like never before with an iconic roster of heroes and villains, authentic stages and intuitive gameplay mechanics.