Will CBEC Commissioners Transfers be issued this week? Want to bet?
IS betting really illegal? Is betting on the outcome of a Cricket match illegal? Is betting going to be made legal soon? Betting and gambling figure in the negative list of Service Tax. If they are illegal, can they be called services - positive or negative? Legal or illegal, can it be stopped? Even schoolchildren bet pencils and chocolates on trivial issues. When betting on horses is legal, how is betting on cricketers illegal?We are perhaps the oldest gamblers on Earth - After all, the Mahabharata battle had its genesis in gambling. In Kamasutra, a cultured man was expected to be educated in 64 kalas (arts) like singing, cooking, acting and GAMBLING!
If betting is made legal, we can start an online betting service on our tax administration like transfers, promotion, cadre review and maybe we can even have bets on judgements to be delivered by courts.
The Arthasastra prescribed a five per cent tax of the stakes and a charge for the hire of dice to gamblers who were not allowed to use their own dice. Regulated and taxable gambling?
Our CobWeb today suggests that legalising betting would help our National Security Paradigm. Wanna bet on that?