🔴 The battle against GST evasion continues! A special drive sees GST evasion of Rs 1.5 lakh crore till October as per the Government in Parliament. This alarming figure highlights the pressing need for stricter enforcement and tougher penalties to tackle this rampant issue.

The government's focus on checking GST evasion has led to a massive surge in detection, which has crossed Rs 1.5 lakh crore during the first seven months of the financial year, higher than the Rs 1.3 lakh crore detected during 2022-23, the government said in Parliament.

Separately, minister of state for finance Pankaj Chaudhary told Rajya Sabha that in the current and last financial year, authorities had issued 71 show cause notices to online gaming companies, involving Rs 1,12,332 crore.

Tax authorities had stepped up notices after the GST Council decided to "clarify" that online gaming and casinos faced a 28% levy on the gross betting amount. The government is hoping to collect taxes from these companies, although the demand is yet to be determined.

The matter is, however, in courts as some of the gaming companies have challenged the government action.

We must remember that every rupee evaded is a loss for our nation's development. It's time to join forces and take a stand against tax evasion. Together, we can ensure a fair and transparent system for all. 💼💰💪

Let's work towards a corruption-free economy that benefits everyone! 🇮🇳✨ #GST #TaxEvasion #ZeroTolerance