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INCOME TAX ON INCOME EARN FROM ONLINE GAMBLING Betting or gambling is illegal in most of India. However, there's no law that creates online card-playing associate degree criminal activity. Surveys conducted in 2020 have unconcealed that there square measure about three hundred million online gamers in India and therefore the…

Explained: Presumptive income tax scheme and why it helps those who find it difficult and expensive to maintain books of accountOnce you file your income under the Presumptive tax plan, you will have to follow the same procedure for the next five years. If a taxpayer disqualifies within one year,…