India’s tax agency flagged $7.4 billion in illegal betting and proposed payment tracking

India’s tax authorities have identified $7.4 billion in illegal betting activity and proposed tracking payments tied to that flow. For PSPs, acquirers, and banks serving gaming-adjacent merchants, the point is obvious: when a regulator starts mapping the money, payment rails become part of the enforcement perimeter.

1. The figure cited by the Indian tax agency is $7.4 billion in illegal bets. That is the scale being discussed, not a marginal enforcement case or a one-off merchant issue.
2. The agency proposed tracking payments connected to those bets. In practice, that means payment data, merchant monitoring, and transaction visibility move from back-office compliance items to the center of the policy conversation.
3. The source does not provide further details on the proposal, the implementation timeline, or which specific payment methods would be targeted. What is clear is that India is looking at betting through the payments layer, which is where PSPs tend to get pulled in first.