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The Act further empowers authorities to confiscate gambling paraphernalia, arrest individuals involved in gambling activities, and impose penalties on offenders.
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Their stake lies in the financial benefits derived from facilitating transactions related to gambling activities.
While the Public Gambling Act does not specifically mention online gambling, its provisions can be interpreted to cover this activity.
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This deducted TDS can be claimed as a credit while filing the ITR.
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Halin-Chen Response,
While the industry is booming, regulatory clarity is needed to foster a responsible and sustainable ecosystem.
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