News
GST panel to study uniform tax rate on lottery
- Date:
- January 16, 2019
- Source:
- Economic Times
A GST ministerial panel will suggest whether a uniform tax rate should be imposed on lotteries or the current differential tax rate system be continued, the Finance Ministry said Wednesday. Currently, a state-organised lottery attracts 12 per cent GST while a state-authorised lottery attracts 28 per cent tax. The GST Council has constituted an eight-member Group of Ministers under Mahara…