Making money from Dream 11 and My11Circle? Here's how much tax you will have to pay
The Board of Control for Cricket in India (BCCI) has suspended the Indian Premier League (IPL) for a week because of tensions between India and Pakistan after Operation Sindoor, under which the Indian Armed Forces targeted several terrorist establishments in Pakistan and Pakistan-occupied Kashmir (PoK). Many people are waiting for the IPL tournament to restart as they would get the opportunity to make money through sports betting apps like Dream 11 and My11 Circle. But are you aware of the income tax rules applicable to the casual income or income made through these betting apps?
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