Government likely to set 28% GST rate for lottery tickets
It seems that the central government has made up its mind to put lotteries in the highest GST slab of…
8 years ago
lotteries
Betting & gambling may attract higher GST rate says Revenue Secretary
Union Revenue Secretary Dr. Hasmukh Adhia in an interview to the Indian Express today stated that activities such as betting…
8 years ago
Sikkim HC upholds constitutional validity of service tax on lottery distributors, surprisingly holds service tax on lottery sales non-ascertainable
A division bench of the Sikkim High Court comprising of Chief Justice Satish K. Agnihotri and Justice Meenakshi Madan Rai…
8 years ago
Maharashtra government hikes lottery tax in state budget
The Maharashtra government hiked the tax to be paid on lottery schemes organised by state governments last week. Lottery tax…
8 years ago
No change in TDS threshold for gaming in Budget 2017
The Union Budget presented by Finance Minister Arun Jaitley yesterday was expected to simplify the direct taxation system and reduce…
8 years ago
In defence of the Digital India lucky draws
There was an interesting opinion piece in The New Indian Express yesterday by Vidushpat Singhania (someone whom I have known for…
8 years ago
Gaming industry badly hit as demonetisation paralyses business, move may benefit legitimate operators in the long run
Prime Minister Narendra Modi's sudden and drastic announcement demonetising (except for emergency services) all 500 & 1000 rupee notes , i.e. around…
8 years ago
Passage of GST Bill to dramatically alter the taxation structure of gaming and lottery industries
The passage of the Constitution (122nd Amendment) Bill, 2016 by both the Houses of Parliament and the central government's announcement of its…
8 years ago
Golden Gaming launches new technology arm in Noida
The Shree Jalaram (Golden Gaming/Lottery) Group announced the opening of a new office of Golden Technology in Noida yesterday. The new…
8 years ago
New government data says 1.25 lakh cases under Gambling Act in 2014
Figures released by the Union Ministry of Home Affairs indicate that a total of 125494 cases under Gambling Acts of…
8 years ago