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Indian Tax Authorities Are Losing ₹ 2 Lakh Crore Annually, Claims Report – vision mp visionmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from visionmp.com Daily Mail and Mail on Sunday newspapers.
Illegal betting and gambling: Tax authorities losing Rs 2 lakh crore annually, says report tribuneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneindia.com Daily Mail and Mail on Sunday newspapers.
Illegal betting activities related to the Cricket World Cup 2023 in India are causing significant tax losses, with an estimated inflow of Rs 8,20,000 crore ($100 billion) per year. Factors such as digital infrastructure growth and the popularity of athletic events have contributed to this trend. The report suggests strict implementation of the new GST regime, establishing a task force to monitor offshore betting activities, and forcing offshore operators to register in India. ....
As Cricket World Cup 2023 is gaining momentum, illegal betting activities are also picking up steam with crores of rupees invested through informal routes leading to a loss of about Rs 2 lakh crore to tax authorities, a report said. ....
Illegal betting and gambling: Tax authorities losing Rs 2 lakh crore annually, says report dailypioneer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailypioneer.com Daily Mail and Mail on Sunday newspapers.