Betting Tax

Definition

Betting Tax is charged under section 6 of the Finance (Supplementary Provisions) Statute of the Central Province N0.03 of 1996.

There shall be charged on

A tax shall be levied and charged on every bet placed or accepted on cash or on credit in any place or premises in the province, on any horse race (whether conducted within the province or not) at such rates as may be prescribed by the Minister by Order published in the gazette.

Effect From

1st January, 1997

Effect Betting Tax Rate

5% on the every bet

Gazettes

953/9,1996.12.10

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