The Law Commission on 05 July 2018 recommended that gambling and betting on sports, including cricket, be allowed as regulated activities taxable under the direct and indirect tax regimes and used as a source for attracting foreign direct investment (FDI).
The commission’s report, Legal Framework: Gambling and Sports Betting including Cricket in India, recommends a number of changes in the law for regulating betting and generating tax revenues from it. Parliament may also enact a model law for regulating gambling that may be adopted by the states or in the alternative, Parliament may legislate in the exercise of its powers under Articles 249 or 252 of the Constitution.
In case legislation is made under Article 252, states other than the consenting states will be free to adopt the same, it states. The commission has also recommended linking Aadhar or PAN card of an individual indulging in betting and gambling and making the transaction cashless to regulate illegal activities such as money laundering.