TDS Rates for I us 195 -

rate of tds on lottery winning is
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TDS rate is 30% There won't be a fee and a health and When lottery winnings, prizes, etc are paid in instalments, the tax

40,000 , 10% 194A, Interest by others, Rs 5,000 , 10% 194B, Winning from Lotteries & Cross Word Puzzles, Card games and Interest earned In this context, Interest income up to ` 50,000 for senior citizens from post officebank deposits is not taxable 10%

power 777 slot TDS has to be charged at the rate of 30% if the winner is resident of India, and at the rate of 30% along with cess The TDS of % is a flat tax on the winning amount; it will not be added to your income and you will not be able to benefit from your income tax rate slab