Illegal offshore betting companies promote with โ€œ๐—ก๐—ผ ๐—š๐—ฆ๐—งโ€ claims

Revolutionary Raja Ram for Tax & Economic Reforms

@abhishekrajaram

about 1 year ago

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Illegal offshore betting companies promote with โ€œ๐—ก๐—ผ ๐—š๐—ฆ๐—งโ€ claims again as Indian companies are subjected to ๐—ต๐—ถ๐—ด๐—ต ๐—ฑ๐—ฒ๐—บ๐—ฎ๐—ป๐—ฑ ๐—ป๐—ผ๐˜๐—ถ๐—ฐ๐—ฒ๐˜€ from the Directorate General of GST Intelligence

While the real money gaming (RMG) sector in India grapples with the cumulative Rs 1.5 lakh crore tax demand notices handed by the DGGI, illegal offshore betting firms are trying to make the most of the situation by luring more people with adverts claiming โ€œNo GSTโ€.

This is not the first time that these firms have resorted to this marketing tactic. When the GST Council had announced the new 28% tax rate they had started promoting themselves with โ€œNo GST, No TDSโ€ adverts.

The companies are taking advantage of the fact that they are not registered in India and so not obliged to pay taxes here.

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