DGGI News
Last year, Dream11 posted a net profit of Rs 142 crore from an operating revenue of over Rs 3,840 crore, according to Moneycontrol.com.
Crypto exchanges are platforms where merchants and consumers can transact with digital assets.
Around Rs 70 crore worth of tax evasion has been detected during the crackdown on Cryptocurrency trade by Mumbai CGST and DGGI.
Tax evasion worth crores of rupees was detected during raids on a businessman in Uttar Pradesh's Kanpur. The raid was underway at the house, factory, office, cold store and petrol pump of perfume trader Piyush Jain in Kanpur, Kannauj, Mumbai and Gujarat.
The joint operation by the DGGI and DRI was a first of its kind in the history of CBIC which involved about 1200 officers from both the agencies.
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