DGGI Investigates 642 Online Gaming Companies for Tax Evasion
The Directorate General of GST Intelligence (DGGI) has identified 642 offshore online gaming companies for investigation into potential tax evasion. The entities have been found to be non-responsive and non-cooperative during the investigation.
Illustration: Dominic Xavier/Rediff.com
New Delhi, Dec 16 (PTI) 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.
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.
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