Untaxed digital imports like video games cost India $4.9 bn in 4 years

India misplaced virtually $1.5 billion in 2020 and $4.9 billion in 2017-20 in income by not taxing digital transmissions, a Geneva-based suppose tank South Centre stated in a analysis paper.

According to a report in The Economic Times, a analysis paper by South Centre, which is an intergovernmental organisation of growing nations, said that India misplaced its income in imports from gadgets like motion pictures, music, and video games. The paper, which comes per week forward of World Trade Organization (WTO) ministerial assembly, stated that customized duties ought to “regulate conspicuous consumption by way of imports”.

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