India’s GST intelligence agency reports ₹700bn in illegal online gambling transactions
India’s Directorate General of GST Intelligence identified ₹700bn in transactions linked to illegal online gambling and betting during the financial year, reportedly citing officials familiar with a 14-month investigation. The figure represents identified transactions, not operator revenue, tax evasion or government losses; the agency has proposed new payment-data requirements to identify networks moving the funds.
The proposed payment-data requirements could change monitoring obligations for payment providers and gambling businesses in India.