Taxes to be levied on casinos, horse racing and online gaming: IT-BT Minister Priyank Kharge
Belagavi: IT Minister Priyank Kharge declared in the Karnataka Legislative Assembly on Wednesday the imposition of the Karnataka Goods and Services Tax (Second Amendment) Bill-2023 to levy taxes on casinos, horse racing and online gaming.
The GST Council Ministry had said on August 11 that amendments in the Goods and Services Tax Act-2017 will be implemented from October 1 of the current year. It had also stressed on the need to make necessary amendments in the Act prior to the implementation.
As the matter of extreme urgency and neither of the Houses of the Karnataka Legislature was in session, the Karnataka Goods and Services Tax (Amendment) Ordinance-2023 was enacted to achieve this. The amendments under the Ordinance would not affect other legal provisions currently in force that provide for the prohibition, restriction or regulation on betting, casino, gambling, horse racing, lottery or online gaming, the ministry clarified.
It added that, in spite of this, imposition of tax on casinos, horse racing and online gaming would not regularize the business. Any illegal act committed in the business would not be immune to criminal action, as the new Bill is a replacement for the Ordinance.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Barakah International School and College to conduct 45-Day NEET/CET crash course for PU students
Mangalore: Barakah International School and College has announced a 45-day NEET/CET crash course for PUC students, aimed at preparing them for their upcoming entrance exams. The course will begin on March 22 and conclude on May 3.
Students interested in enrolling are required to appear for an eligibility test on March 21 at 9:00 am at Barakah Institution, with results set to be declared at 11:30 am on the same day. The course will be conducted by experienced faculty, providing focused training to help students improve their exam performance.
Admission will be limited and offered on a first-come, first-served basis. For further details, students can contact Naseem at 9845112378 or email barakahneet@gmail.com.
