News
Modi government set to put lottery tickets in the 28% GST bracket
- Date:
- May 4, 2017
- Source:
- Economic Times
Indians who buy lottery tickets may have to shell out 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 with knowledge of the matter. That’s up from minimal or zero tax levied by about a dozen states that have lotteries.…