Q. With reference to the subjects “betting and gambling”, consider the following statements:
1.It is a part of the State list in the Seventh Schedule of the Constitution.
2.‘Lotteries’ are not considered under ‘betting and gambling’ and hence, cannot be taxed by the State.
Select the correct code from the options given below:
Answer: A
Notes:
The Supreme Court recently held that a State legislature has the right to impose tax on lotteries conducted by other States within its jurisdiction. It observed that ‘lotteries’ is a “species of gambling activity”. The court said ‘betting and gambling’ is part of the State List in the Seventh Schedule of the Constitution.
