Can Mumbai citizen play Dubai Lottery online from india and transfer winings back to india legally and pay its taxes if won?
Situation : One of my friend who is an Mumbai Resident where buying lottery tickets is legal, has successfully bought dubai lottery(Millenium Duty Free Dubai) ticket using debit card transaction. If outward remittance for buying lottery tickets of foreign country is not allowed by Fema then how was he able to buy the tickets?
And he inquired the foreign lottery company and they said they had sucessfully payed back winnings to the Indian residents who had played through web by doing Bank transfers to Indian accounts. They even display the names of the winners. How did they successfully remit the winnings through bank transfer if Fema doesnot allow the same?
Also I have checked Millenium Duty Free Dubai, there have been 2 winners who had buyed dubai lottery online from India and have won crores of money by the same:
1. Prabin Thomas
2. Farhaan Arman
My question is will Mumbai citizen face any legal issues if he tranfers foreign/dubai lottery money he won back to mumbai?
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