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Published 19:35 IST, December 16th 2024

642 Online Gaming Companies Being Investigated For Potential Tax Evasion: Centre Informs Lok Sabha

As many as 642 offshore entities offering online money gaming have been identified till date for investigation on potential tax evasion, by the DGGI.

642 online gaming companies being investigated for potential tax evasion | Image: X

New Delhi: 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.

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.

 

(Except for the headline, this story has not been edited by Republic and is published from a syndicated feed.)
 

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Updated 19:35 IST, December 16th 2024

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