Category : Government Schemes
A ministerial panel headed by Maharashtra Finance Minister Sudhir Mungantiwar will examine uniformity of taxation on lottery under GST or other issues arising out of it. Under GST, state-organized lottery falls under the 12% tax slab while state-authorized lottery attracts 28% tax. The GoM for the lottery will submit its report to GST Council in the next meeting for approval. |
Source: Money Control |
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