DGGI identifies 642 online gaming cos for investigation: MoS Finance

Share This Post


Image used for representative purpose only.
| Photo Credit: istock

As many as 642 offshore entities offering online money gaming have been identified till date for investigation on potential tax evasion, by the Directorate General of GST Intelligence (DGGI), Parliament was informed on Monday (December 16, 2024).

The offshore online gaming entities which have been found non-responsive and non-cooperative during the investigation, have been informed to the Ministry of Electronics and Information Technology (MeitY) to block their websites/URLs as per provisions of Section 14A(3) of the IGST Act, 2017.

“DGGI does not have any reciprocal arrangements with foreign governments. However, 642 offshore entities providing online money gaming/betting/gambling have been identified till date for investigation,” Minister of State for Finance Pankaj Chaudhary said in the Lok Sabha.



Source link

spot_img

Related Posts

Amazon India to remove seller fee for items under Rs 1,000 from mid-March

Ecommerce major Amazon India is expanding its zero...

James Webb Takes Long, Hard Look Inside Uranus

Sign up to see the future, today ...

Access Denied

Access Denied You don't have permission to access...

Access Denied

Access Denied You don't have permission to access...

Get your taxes done this week with H&R Block Online at $35

TL;DR: File your 2025 federal and state taxes with...

UPI transactions surge 27% annually at 20.39 billion in February: NPCI

The unified payments interface (UPI) saw 27 per...
spot_img