CHANGES IN NEGATIVE LIST – PART III -BUDGET 2015
Modifications of the negative list applicable from the notified date:-
Betting gambling or lottery [Clause (i) of Section 66D]
Finance Bill, 2015 has inserted the following explanation in clause (i) of section 66D-
The expression, ‘gambling or lottery’ shall not include the activity specified in Explanation – 2 clause (44) of section 65B”.