Tax dept unearths Rs 58,000 cr in winnings of players on Indian gaming app

Winners have to pay about Rs 20,000 crore in tax

Amid increased scrutiny of fantasy gaming and online gaming apps, the Central Board of Direct Taxes (CBDT) has unearthed that participants in the activities of an Indian gaming company have won Rs 58,000 crore over the past three years.

At 30 per cent tax plus penalties, the winners have to pay about Rs 20,000 crore, CBDT Chairman Nitin Gupta told Business Standard.

“We have started the process of asking the winners to come forward and pay the tax through their updated income tax return filings. If they don’t do so voluntarily, requisite action will be taken,” Gupta said.

Though Gupta