The Directorate General of GST Intelligence has discovered 38 online gambling and betting portals that are based in Cyprus, Mauritius, and the Cayman Islands, and have not paid GST. The crackdown has found that some entities pose as fantasy gaming platforms and are being used to launder money abroad by high-net-worth individuals, celebrities, and social media influencers. The tax department estimates that ₹12,000 crore tax evasion took place between April 2019 and November 2022.from Banking/Finance-Industry-Economic Times https://ift.tt/J9geX5t
No comments:
Post a Comment