Q.
Can anyone tell me is it legal to play international lotteries from india through websites and can the winning money accepted by indian govt......
About: The big online lottery biz
Asked by dada ganguly,
26 Feb '12 11:51 pm
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Answers (3)
1.
You first need to know that if they will give you that money or not.
Check their rules and regulations.
If its a legal lottery and you have won it,
India govt shouldn't stop you from bringing money to India.
You have to pay taxes after bringing money to India.
Check their rules and regulations.
If its a legal lottery and you have won it,
India govt shouldn't stop you from bringing money to India.
You have to pay taxes after bringing money to India.
Source: Be careful with those site. Don't send any money to them.
Answered by Saachi, 26 Feb '12 11:54 pm
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It is not allowed and if someone indulges and unaccounted money comes in , one can get booked under fema or cofeposa act. please check with your auditors before taking this step
Answered by Ataur Rahman, 26 Feb '12 11:54 pm
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