Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
Reading: AP Considers Lotteries and Online Gaming to Boost Tax Revenue
Share
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
Search
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
© 2024 All Rights Reserved | Powered by India News Week
To augment tax revenue, AP may permit lotteries, online gaming
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Nation > AP Considers Lotteries and Online Gaming to Boost Tax Revenue
Nation

AP Considers Lotteries and Online Gaming to Boost Tax Revenue

March 16, 2025 3 Min Read
Share
SHARE

The Andhra Pradesh Government is considering the legalization of state lotteries and online gaming as part of its strategy to raise up to ₹13,100 crore through a variety of new taxes and levies to enhance its tax revenue.

These proposals have been disseminated among relevant departments by the Finance Department, and Chief Minister N. Chandrababu Naidu is expected to make a decision “very soon,” according to a senior official interviewed by BusinessLine.

Legal advice is also being sought regarding the proposed taxation on lotteries and online gaming, given the current prohibition on lotteries in Andhra Pradesh. “Several strategies are being investigated to generate revenue from these sectors,” the official stated.

The primary proposals aimed at achieving the projected ₹13,000 crore in additional tax revenue include a one percent cess on the State GST, anticipated to generate ₹4,700 crore, VAT on items such as alcohol and mobile phones expected to yield ₹1,300 crore, a tax on state lotteries projected to collect ₹3,000 crore, and an increase in entertainment tax, which could bring in ₹2,300 crore. Some of these initiatives, including the increase in entertainment tax and additional VAT on liquor, have already undergone legal review, the official noted.

Should these proposals gain approval, the rise in entertainment tax would likely lead to higher ticket prices for cinemas, parks, and other recreational facilities.

Boosting tax revenue is vital for the State Government, particularly in light of the necessity to develop infrastructure to attract investments and sustain the extensive welfare programs being implemented as part of the pre-election commitments under the Super Six Schemes.

According to budget forecasts for 2025-26, total revenue receipts are estimated at ₹2,17,976 crore, with an initial deficit of ₹67 crore. Of this total, tax revenue and non-tax revenue are projected at ₹1,09,006 crore and ₹19,119 crore, respectively. Central taxes and grants are expected to account for ₹57,566 crore and ₹32,284 crore, respectively. If the new tax measures are accepted, tax revenue could increase significantly.

While there is a belief that new taxes are essential for the development of the new capital, Amaravati, the State Government has recently clarified that the tax revenue generated will not be allocated to this project, which will instead be financed through loans from both international and national financial institutions.

Regarding online gaming, the issue is currently before the Honorable High Court of Andhra Pradesh in Amaravati, with the next hearing scheduled for March 26, 2025.

TAGGED:National NewsNews
Share This Article
Twitter Copy Link
Previous Article SEBI plans higher penalties for algo, high-frequency traders SEBI to increase fines for algo traders
Next Article Wheat crop in good condition in all States, barring some districts in Rajasthan Robust wheat crop across India, Rajasthan faces some setbacks
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

Ata Pata Laapata: Here's everything about Rajpal Yadav's film that led to financial strain

Rajpal Yadav’s ‘Ata Pata Laapata’: A Deep Dive into Financial Struggles

February 10, 2026
PAK vs USA T20 World Cup 2026 LIVE Cricket Score: Pakistan lose Saim Ayub as Schalkwyk strikes early

PAK vs USA T20 World Cup 2026: Schalkwyk Claims Early Wicket as Saim Ayub Departs

February 10, 2026
Ferrari unveils its first Electric Car ‘Luce’, designed by former Apple designer Jony Ive

Ferrari Introduces Its First Electric Car, ‘Luce,’ Crafted by Former Apple Designer Jony Ive

February 10, 2026
Bengal's Sudip Gharami misses triple century by 1 run, joins elite list in Ranji Trophy quarterfinal

Sudip Gharami Falls Just Short of Triple Century in Ranji Trophy Quarterfinal

February 10, 2026
From AI pilots to business impact: What Indian enterprises are missing

Unlocking AI: What Indian Businesses Must Embrace for Greater Impact

February 10, 2026
'Apne liye kuch nahi kiya': Mohsin Naqvi's statement after ICC rejected Pakistan's demands

‘I’ve Done Nothing for Myself’: Mohsin Naqvi Responds to ICC’s Rejection of Pakistan’s Demands

February 10, 2026

You Might Also Like

Budget session set for 'EPIC' showdown; budget, Waqf bill top priority for govt
Nation

High-Stakes Budget Session: Government Prioritizes Budget and Waqf Bill

4 Min Read
KRBL shares plunge as independent director alleges ‘misgovernance’
Economy

KRBL Shares Tumble Amid Independent Director’s Misgovernance Claims

3 Min Read
PM Modi calls for competition among States to make the most of FY 26 Budget
Nation

PM Modi Urges States to Compete for Optimal Utilization of FY 26 Budget

3 Min Read
Banking stocks lift markets higher in midday trade 
Economy

Banking Stocks Propel Market Surge in Midday Trading

3 Min Read
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek

Welcome to IndiaNewsWeek, your reliable source for all the essential news and insights from across the nation. Our mission is to provide timely and accurate news that reflects the diverse perspectives and voices within India.

  • Home
  • Nation News
  • Economy News
  • Politics News
  • Sports News
  • Technology
  • Entertainment
  • International
  • Auto News
  • Bookmarks
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service

© 2024 All Rights Reserved | Powered by India News Week

Welcome Back!

Sign in to your account

Lost your password?