PRESS RELEASE TAX EVASION BY LOTTERY DISTRIBUTORS – 12 CASES OF GST EVASION OF RS. 344.57 CRORE DETECTED AND RS. 621.56 CRORE RECOVERED AGAINST LOTTERY DISTRIBUTORS BETWEEN JULY, 2017 TO NOVEMBER, 2023

PRESS RELEASE, DATED 11-12-2023A reference was received from Ministry of Home Affairs (MHA) for comments regarding disbursement of prize amount of lotteries through formal banking channel and comments in this regard have been sent to MHA. This was stated by Union Minister of State for Finance Dr. Bhagwat Kisanrao Karad in a written reply to a question in Lok Sabha today.Elucidating further, the Minister stated that using formal banking channel for any kind of transaction, including disbursement of lottery prize, is...

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