In the day of 'Dream' apps, Law panel says, 'Legalise' the betting and Gambling; Time to take bet?
By : NewsX
Published On: 2018-07-06
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The law commission has recommended that gambling and betting on sports, including cricket, be allowed as regulated activities taxable under the direct and indirect tax regimes and used as a source for attracting foreign direct investment. The panel says it will bring substantial amounts of investment to those states that decide to permit casinos, propelling the growth of the tourism and hospitality industries, while also enabling such states to generate higher revenue and employment opportunities. The Congress has attacked the centre and law panel over this decision. They have said that gambling will ruin the future of today's youth.
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