The exponential growth of the online gaming industry in India has brought both financial opportunities and regulatory challenges.

Tax evasion under India's Goods and Services Tax (GST) regime has sharply risen, with the Directorate General of GST Intelligence (DGGI) reporting evasion reaching Rs 2.01 lakh crore in FY 2023-24,

Direct tax collection has jumped by nearly 11 percent during April 1 to June 16 period, as per official statement released by Indian government.

Tax is often seen as a necessary burden for consumers and businesses alike.

Many investors consider various parameters while selecting the right financial instruments. While some of them only look at the expected returns, others also seek the related tax benefits.

Kuala Lumpur - At least 900,000 Malaysians are guilty of not paying their taxes, prompting the government to track down the evaders, a news report said Monday.

There were an estimated 2 million people with taxable earnings in the country, but only 1.1 million are currently paying, Deputy Finance Minister Kong Cho Ha told parliament.

Companies fared even worse, with only 104,000 corporations paying taxes on their profits, out of the 500,000 firms registered, Kong was quoted as saying by the official Bernama news agency.