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HomeGST NEWSLegalising ‘matka’ gambling will improve Goa’s GST Collection

Legalising ‘matka’ gambling will improve Goa’s GST Collection

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Legalising matka gambling will help in improving formal employment to nearly 20,000 people who are currently accepting gambling bets illegally, Goa”s Ports Minister Michael Lobo said on Friday. “You do not think it (accepting bets) is employment? They (matka agents) feed their families by accepting bets. If they are doing it illegally, let them do it openly and legally. It will also help in tax and Goods and Services Tax collection,” Lobo told said. Currently. The Matka industry is pegged at several thousand crores and various legislators have demanded its legalisation. Lobo also said that it will be under control , once it is legalised.

https://www.outlookindia.com/newsscroll/legalising-matka-gambling-will-improve-goas-gst-collection/1740771

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