Latest News | DGGI Identifies 642 Online Gaming Cos for Investigation: MoS Finance
Get latest articles and stories on Latest News at LatestLY. 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.
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 above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)