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In India, when discussing casino winnings and taxation, it\“s important to understand the local products and services available. Many Indian states have their own lottery systems, such as the Kerala State Lottery and Nagaland State Lottery, which are government-regulated gambling products. Additionally, there are various online gaming platforms that offer rummy and teen patti, which are considered games of skill and thus treated differently under Indian tax laws. Sikkim and Goa are the only states with legal casinos, where winnings from these establishments are subject to taxation under the Income Tax Act. Indian players should also be aware of the Goods and Services Tax (GST) applied to gambling services and the Tax Deducted at Source (TDS) requirements for significant winnings. |