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Online gaming companies served tax notices worth Rs. 1 Lakh crore

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Content Team
Image Credit: forbes india

Online gaming companies have been slapped with show-cause notices amounting to Rs. 1 lakh crore by GST authorities over alleged tax evasion, reported Reuters, citing a high-ranking government official. The official, however, mentioned that there's no information available on foreign gaming companies registering in India since the compulsory registration requirement came into effect on October 1.