How much tax has to be paid on lottery or game show prize money?
How much tax has to be paid on lottery or game show prize money?
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tax rate on lottery winnings in india
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The rate for TDS is 10%, if PAN is furnished; and RBI: Beware of Fictitious OffersLottery WinningsCheap Fund Offers
Lottery winnings in India are subject to a flat 30% tax rate This means that if you won 20 crore, you would have to pay 6 crore as tax, File ITR-4 Online FAQs · winnings from lottery; · activity of owning and maintaining race horses; · income taxable at special rates us115BBDA or Section
dragon 999 slot login Q- How do I file tax on online poker winnings in India? Taxes on Poker Winnings will be taxable at 30% the highest tax bracket Q- Can Tax on certain assets, including any gains you make from: ISAs or PEPs; UK government gilts and Premium Bonds; betting, lottery or pools winnings When someone