Today's main P2P news 👇
1️⃣ 🚨 ED conducts raids at 20 locations
India's Enforcement Directorate (ED) conducted raids in Mumbai, Pune, Surat, Hyderabad, and Mehsana. The case is related to online betting and cyber fraud (All Panel Exchange, MGM91).
Victims' money was routed through mule accounts and more than 200 fake "merchants" to a payment intermediary. Some cooperative banks are also under investigation.
What this means: Pressure on illegal traffic and mule accounts is increasing. The risk of account freezes and cyber complaints is also rising.
2️⃣ 💳 Delta Corp reports a loss of ₹106 crore
Delta Corp — a listed casino company in India — reported a loss of ₹106 crore for the quarter due to a GST tax dispute.
The Supreme Court significantly reduced the tax demand, but the company had already paid ₹81 crore.
Conclusion: Tax pressure on India's gaming industry remains very high.
Hinglish
📆 India P2P Processing DAILY · 22 October
Aaj ki P2P ki mukhya khabrein 👇
1️⃣ 🚨 ED ne 20 jagahon par chhaape maare
Bharat ke Enforcement Directorate (ED) ne Mumbai, Pune, Surat, Hyderabad aur Mehsana mein chhaape maare. Yeh mamla online betting aur cyber fraud (All Panel Exchange, MGM91) se juda hai.
Peediton ka paisa mule accounts aur 200 se zyada farzi "merchants" ke zariye ek payment intermediary tak pahunchta tha. Kuch cooperative banks bhi jaanch ke daayre mein hain.
Iska kya matlab hai: Gair-kanooni traffic aur mule accounts par dabav badh raha hai. Accounts freeze hone aur cyber complaints ka risk bhi badh raha hai.
2️⃣ 💳 Delta Corp ko ₹106 crore ka nuksan hua
Delta Corp — India ki ek listed casino company — ne GST tax dispute ki wajah se quarter mein ₹106 crore ka nuksan report kiya.
Supreme Court ne tax demand ko kaafi kam kar diya, lekin company ₹81 crore pehle hi pay kar chuki hai.
Nishkarsh: Indian gaming industry par tax ka dabav abhi bhi kaafi zyada hai.
P2P