Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
The Enforcement Directorate questioned a former professional cricketer for over eight hours regarding an alleged money laundering case linked to an illegal online betting application. The investigation, conducted under the Prevention of Money Laundering Act, seeks to clarify the individual's connections with the app, including endorsement fees and communication methods. The agency is probing multiple illegal betting apps that reportedly defrauded numerous users and evaded taxes. Authorities have also questioned representatives of major tech companies and conducted multi-state searches related to similar cases. The online betting market in the country is substantial and rapidly growing, with millions of users. The government has issued numerous orders to block unregistered betting platforms and regulates online money gaming under tax and information technology laws. While betting and gambling fall under state jurisdiction, the central government supports states through advisories and funding to combat illegal betting activities.
The Enforcement Directorate questioned a former professional cricketer for over eight hours regarding an alleged money laundering case linked to an illegal online betting application. The investigation, conducted under the Prevention of Money Laundering Act, seeks to clarify the individual's connections with the app, including endorsement fees and communication methods. The agency is probing multiple illegal betting apps that reportedly defrauded numerous users and evaded taxes. Authorities have also questioned representatives of major tech companies and conducted multi-state searches related to similar cases. The online betting market in the country is substantial and rapidly growing, with millions of users. The government has issued numerous orders to block unregistered betting platforms and regulates online money gaming under tax and information technology laws. While betting and gambling fall under state jurisdiction, the central government supports states through advisories and funding to combat illegal betting activities.
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