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Now, 28% tax on lottery tickets under GST

The government could levy taxes on the 'face value' of the lottery

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BS Web Team New Delhi
People buying lottery tickets may have to spend more to take a chance on fortune under the goods and services tax (GST), which is expected to be rolled out on July 1. The government is looking to put lottery tickets in the 28% GST bracket, the highest slab, according to people familiar with the matter, according to a report published by The Economic Times. That’s up from minimal or zero tax levied by about a dozen states that have lotteries.

They are either run by these state governments, such as those of Sikkim, Punjab, Goa, Maharashtra and