Amendment status not verified — confirm the current text below against the official source.
Betting tax (1) There shall be charged, levied and paid to the Government by the backer, a betting tax at a prescribed rate, and exceeding twenty per cent on all moneys paid or agreed to be paid to a licensed book-maker by a backer, as a bet on any race. 1 Substituted by the Delhi Entertainments and Betting Tax (Amendment) Act, 2009 (Delhi Act 2 of 2010), dt. 5-1-2010, w.e.f. 1-2-2010. 12 THE DELHI E&B TAX ACT, 1996 SECTION 26 (2) The betting tax shall be collected by the licensed book-maker along with the money laid by the backer with him and in case of credit bets at such time as may be prescribed. (3) The licensed book-maker shall issue a card for each bet laid with him, denoting the amount of bet.