Rummyprime Blog

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Fantasy Gaming, Online Gaming and RMG to Grow at 30% CAGR till 2027

3rd Nov, 2023

Online and Fantasy Gaming to grow at 30% CAGR till 2027

In recent years, the online gaming industry in India has witnessed unprecedented growth, with this trend showing no signs of slowing down. According to a report by Economic Times, India’s fantasy sports industry is projected to reach 50 crore (500 million) users by FY27, with an estimated Compound Annual Growth Rate (CAGR) of 30%. This

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GST Council to Assess 28% Tax Bracket on Online Gaming

3rd Nov, 2023

GST Council to Assess 28% Tax Bracket on Online Gaming and Rummy in April 2024

The Goods and Services Tax (GST) regime has been a topic of discussion and debate since its inception in India. One of the key issues that has attracted significant attention is the taxation of online gaming and, in particular, online rummy. In August 2023, the government announced its intention to reevaluate the GST rates applicable

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The GST Amendment and Its Impact on Online RMG

3rd Nov, 2023

The GST Amendment and Its Impact on Online RMG

The world of online gaming has witnessed significant growth in recent years, with platforms increasingly offering a wide array of games, including online rummy. However, recent changes in the Goods and Services Tax (GST) law in India have raised questions about how these changes will affect the online gaming industry, especially the players. In this

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How is GST Shaping the Earnings of Fantasy Gaming Platforms?

3rd Nov, 2023

How is GST Shaping the Earnings of Fantasy Gaming Platforms?

Fantasy gaming platforms have taken the online gaming world by storm, offering fans an opportunity to be more than just spectators. These platforms allow users to create their dream teams, manage players, and compete against others to win exciting prizes. But as the popularity of these platforms continues to grow, they are going to be

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