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LOTTERY REGULATION ACT
Gaming firms face ₹2.5 lakh crore exposure as Supreme Court upholds 28% GST on betting valueThe Supreme Court has made headlines with its ruling, requiring online gaming platforms to pay a hefty 28% GST on the entirety of the bet v...- Kerala Lottery Result Today, Karunya KR-753 (May 9, 2026): Rs 1 crore first prize, Rs 25 lakh and Rs 10 lakh winners. Check full listKerala Lottery Result Today: The Kerala State Lotteries Department has announced the Karunya KR-753 lottery results for May 9, 2026. The fi...
- Wars, recessions, political crises, market crashes. Warren Buffett’s advice on each of themWarren Buffett made a prediction in the mid-1990s he knew would come true: Berkshire Hathaway's future returns would fall short compared to...
- Govt has eased FDI norms for foreign cos having small Chinese/Hong Kong stake: An explainerIndia has eased Foreign Direct Investment rules for companies with up to ten percent Chinese or Hong Kong shareholding. These firms can now...
- Future Gaming, biggest poll bond buyer, & others made government junk plan to amend lottery rulesProposed amendments to the Lotteries Regulation Act, 1998, by the Union home ministry were obstructed by resistance from influential player...
- Govt notifies GST amendment to levy 28% tax on online gaming"The amendments made under this Act shall be without prejudice to provisions of any other law for the time being in force, providing for pr...
- Shillong Teer result for May 3, 2023: All you need to knowThe first and second-round numbers of Shillong Teer for May 3 are going to be announced soon.
- SC notice to Kerala on plea challenging power of state government to regulate lotteries from other statesThe division bench had set aside a single judge's judgement restraining the Kerala government from interfering with the marketing and sale ...
- Is it legal for an H1B employee to be the beneficiary of multiple lottery registrations?This question has created much confusion amongst the employers and the employees Because of a new declaration introduced by the USCIS. Ever...
- ED attaches assets worth Rs 19.59 cr of 'lottery king' Santiago Martin in money-laundering caseA provisional order under the Prevention of Money Laundering Act (PMLA) was issued by the agency to attach the assets that are in the form ...
- Lucky draw resumes in Covid-hit KeralaLottery is a major revenue earner for the Kerala government to fund its social welfare and public health initiatives. Amid the Covid lockdo...
- This year's H-1B lottery: The Trump legacy of chaos must endBased upon Trump’s Executive Orders, USCIS has throughout the Trump administration turbocharged its assault on legal immigration; its plain...
- GST from lotteries fetch nine state governments nearly Rs 3,950 croreAs per data sourced from the All India Federation of Lottery Trade (AIFLTAI), Kerala collected GST worth Rs 908 crore and state revenue of ...
- Why Sugalchand Jain's saga is nothing short of corporate fairytaleSugal & Damani claim to have over 75% market share in online lottery business, over 20,000 point-of-sale terminals across and 15 million tr...
- Can GST's anti profiteering rule be deemed unconstitutional?In a bid to give the anti profiteering rules under GST the necessary teeth, the government may have forgotten to give it a skeleton.
- Modi government set to put lottery tickets in the 28% GST bracket“The taxation has to be logical,” said Rahul Tangri, president, Playwin, an electronic lottery provider. “It would be very unfair if the go...
- Everything you wanted to know about lotteryThe lotteries are governed by The Lotteries (Regulation) Act, 1998, a Central law, according to which a state may organise, conduct or prom...
- No chance of service tax on lotteriesThe Supreme Court on Tuesday ruled that no service tax can be levied on the sale, promotion and marketing of lottery tickets.
- HC upholds Karnataka's decision to ban lotteriesThe Karnataka High Court on Tuesday upheld the state government's notification banning all forms of lottery and declaring the state as a "l...
- Guv questions lottery tax ordinanceMaharashtra governor SM Krishna has raised questions pertaining to the legality of an ordinance seeking to introduce tax on lottery draws.
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