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Online loterry

PANKAJKUMAR ARORA

Dear sir

Kindly confirm on consequences on playing or transferring sum to buy international lotteries online purchasing

REGARDS

PANKAJ KUMAR ARORA

Foreign exchange prohibition on online international lottery payments - transfers to purchase foreign lotteries are prohibited under FEMA regulations. Payments or transfers of funds to purchase international lotteries online are prohibited under the foreign exchange regulatory framework; such online lottery transactions involving outflow of foreign exchange must not be remitted, and regulatory circulars reinforce this prohibition. (AI Summary)
FEMA
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YAGAY andSUN on Jun 11, 2018

It is not allowed under the Provisions of FEMA. Even RBI has issued Various circulars on it.

DR.MARIAPPAN GOVINDARAJAN on Aug 30, 2018

I endorse the views of Shri Yagay.

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