Profit margins in lottery industry are tiny Here's how Future Gaming

tax for lottery in india
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In Future Gaming Solutions India Ltd v Union of India, 40 29142 GST 491the Sikkim High Court held that 'lottery' is

lottery winnings of any amount, unless amounts that are exempt from tax under section 87 of the Indian Act The government is reportedly planning to impose a higher income tax on F&O, treating it similarly to income from lotteries or cryptocurrencies

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