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While the nation boasts a burgeoning tourism industry, fueled in part by the thrill of casinos and poker, the darker side of this industry raises concerns.
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Heres the breakdown Gambling Winnings In most jurisdictions, gambling winnings are considered taxable income, regardless of the source whether its the lottery, casino, poker tournament, or online gambling.
Online Gambling in India A Legal Maze The realm of online gambling in India is a complex one, navigating a labyrinth of legal interpretations and conflicting regulations.
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The question of whether business is gambling is a contentious one, with valid arguments on both sides.
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But what happens to all those winnings.
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While both activities involve risk, understanding the fundamental difference between trading and gambling is crucial for making informed decisions about your finances and managing your risk appetite.
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Lack of regulation The absence of a clear regulatory framework for online gambling has created a largely unregulated environment, attracting numerous international operators.
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