Great News for all,
The Law Commission of India on Thursday, told the central Government that Gambling and betting on sports including cricket should be legalised and make stronger laws to curb match fixing and incidents of cheating.
Conceding that a complete ban on activities like betting is not working, the panel has called for overturning India's historically stringent laws that heavily restrict such activities with narrow exceptions.
Here are the some important points on betting legalisation.
The Law Commission says gambling and betting should be made taxable under the direct and indirect tax regimes and could be used to attract foreign direct investment or FDI.
The commission has also recommended making the transaction cashless to regulate illegal activities such as money laundering. It also suggested linking Aadhaar or PAN cards of an individual indulging in betting and gambling.
"For participants, there must be a cap on the number of transactions an individual can indulge in these activities in a specific period, i.e., monthly, half-yearly or yearly," it said.
The panel said that those who are underage, receive government subsidies or do not fall within the purview of the Income Tax Act or the GST Act should be debarred from participating in gambling platforms.
The panel has also stressed that websites advertising gambling must ensure that there is no objectionable or pornographic content on display on their platforms.
The risk involved should be displayed prominently and how to play responsibly should also be displayed on the gambling and betting sites.
To play online, betting tips and live match odds please join with us.
No any payments. I'ts absolutely FREE.
For playing Online contact us pjoy478@gmail.com
The Law Commission of India on Thursday, told the central Government that Gambling and betting on sports including cricket should be legalised and make stronger laws to curb match fixing and incidents of cheating.
Conceding that a complete ban on activities like betting is not working, the panel has called for overturning India's historically stringent laws that heavily restrict such activities with narrow exceptions.
Here are the some important points on betting legalisation.
The Law Commission says gambling and betting should be made taxable under the direct and indirect tax regimes and could be used to attract foreign direct investment or FDI.
The commission has also recommended making the transaction cashless to regulate illegal activities such as money laundering. It also suggested linking Aadhaar or PAN cards of an individual indulging in betting and gambling.
"For participants, there must be a cap on the number of transactions an individual can indulge in these activities in a specific period, i.e., monthly, half-yearly or yearly," it said.
The panel said that those who are underage, receive government subsidies or do not fall within the purview of the Income Tax Act or the GST Act should be debarred from participating in gambling platforms.
The panel has also stressed that websites advertising gambling must ensure that there is no objectionable or pornographic content on display on their platforms.
The risk involved should be displayed prominently and how to play responsibly should also be displayed on the gambling and betting sites.
To play online, betting tips and live match odds please join with us.
No any payments. I'ts absolutely FREE.
For playing Online contact us pjoy478@gmail.com
Betting should be legalised, Law Commission of India
Reviewed by Shiva P
on
July 05, 2018
Rating:
Reviewed by Shiva P
on
July 05, 2018
Rating:
I think this is one of the most significant information for me. And i’m glad reading your article. But should remark on some general things, The web site style is perfect, the articles is really great : D. Good job, cheers
ReplyDeleteทางเข้า12bet