BUSINESS

India’s tax watchdogs investigating online gambling?

TAGs: income tax department

HinduDeityWhat’s worse than the long arm of the law? The long multi-armed law? In the wake of allegations of betting irregularities involving IPL cricket games, India’s income tax department is said to be studying transactions between its citizens and several foreign online gambling companies. Problem is, India’s gambling laws largely predate the Internet, thus the question of illegality is open to some debate. Expect to hear more on this issue in the future. Read more.

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