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GST on lottery: SC's recent judgement is a setback for the industry

GST on lottery: SC's recent judgement is a setback for the industry

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is there tax on lottery tickets
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Tax Details For Different Lottery Tickets In Kerala According to Section 194B of the IT Act, 1961, a tax rate of 30% is applicable on lottery

The Internal Revenue Service imposes a federal tax rate of 24%, and California's state income tax, with rates ranging from 1% to %, We have carried the legacy of this dispute to the GST regime, with the Government introducing a tax on sale of lottery tickets after the 17th

tomorrow lottery winning numbers The amount won is subject to a tax of 30% from the winner, irrespective of any other income the individual might be earning This is maintained The amount won is subject to a tax of 30% from the winner, irrespective of any other income the individual might be earning This is maintained

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