DGGI Cracks Down on Foreign Gaming Firms Evading GST with Start of IPL

Action is being taken against gaming firms violating rules with the introduction of the Indian Premier League (IPL). The Directorate General of Goods and Services Tax Intelligence (DGGI) has tightened several foreign online gaming firms related to the theft of GST.

This action is being taken to deal with illegal gaming business. The Finance Ministry has reported that DGGI has targeted bank accounts associated with illegal gaming platforms. About four crore rupees have been seized along with attaching about 2,000 accounts. Apart from this, more than Rs 122 crore has been attached temporarily by freezing 392 bank accounts linked to UPI IDS of foreign gaming websites. This action has been taken in collaboration with the Indian Cyber ​​Crime Coordination Center and the National Payments Corporation of India.

Many Indian citizens have also been revealed in this action who were running online gaming platforms from abroad. These people were using illegal 166 accounts related to these platforms. These accounts have been blocked. Three suspects have also been arrested in this case. Other people and networks are being investigated in this. Online money gaming is taxed at 28 percent. All firms related to this business need to register for GST and follow the rules. However, many foreign gaming firms were violating it and avoiding paying tax. IPL has increased rapidly during IPL over the years.

It is learned that DGGI has targeted more than 700 foreign firms associated with online gaming, betting and gambling. In this action, 357 illegal or not followed by foreign gaming websites have been blocked. For this, DGGI is working together with the Ministry of Electronics and Information Technology. Earlier, the Indian Cybercrime Coordination Center (I4C) and Telecom Department (DOT) blocked at least 17,000 WhatsApp accounts of foreign hackers. Its goal is to destroy foreign criminal networks and increase the digital security of the country.