Sri Lanka drastically hikes casino license fee and taxes; introduces $50 entry fee
The Sri Lankan government has announced a drastic increase in annual license fees and taxes for casinos. The announcement of…
5 years ago
taxes
Turf authorities petition Piyush Goyal to reduce GST on horse racing
The Turf Authorities of India (TAI), an apex body of the six racing clubs in India made a representation to…
5 years ago
Govt earns Rs. 3,950 crores from GST on lotteries
Data released by the All India Federation of Lottery Trade (AIFLTAI) has revealed that the government has earned Rs. 3,948 crores…
6 years ago
Sri Lanka relaxes taxes for casinos, attracts foreign investment- offers an alternative to Goa, Sikkim casinos
In a bid to attract foreign investment for casinos and to promote tourism, the Sri Lankan government has brought a…
11 years ago
Jolt to poker players as Goa casinos change their policy, deduct TDS on tourney winnings + Goa govt notifies Anti Money-Laundering Guidelines
Major Goa casinos have recently changed their in-house policy on tournament winnings and will now deduct a 30% Tax Deducted…
11 years ago
Taxes on gambling: Winnings liable to be taxed, additional levies on casino owners
One important question that people have asked me is whether winnings from casinos and betting can be taxed and if…
12 years ago