High Stakes: DGGI's Bold Move Against Tax Evaders in Online Gaming

In a major crackdown, the Directorate General of Goods and Services Tax Intelligence (DGGI) has gone after offshore online gaming companies to counter evasion. The agency has frozen 357 illegal sites and accounts of about 2,400 belonging to these companies, accused of evading Goods and Services Tax (GST) payments. About 700 offshore companies are currently under the scanner for not registering under GST and hiding taxable pay-ins.

 

The DGGI crackdown involves attaching almost ₹126 crore in funds and the arrest of three people who were facilitating online gaming to Indian customers. The public has been cautioned by authorities against participating in these platforms, which can jeopardize one's finances and facilitate illegal activities that destabilize financial integrity and national security.

 

Source: Deccan Chronicle