Home Ministry wants all lottery prize payments to be made via

Home Ministry wants all lottery prize payments to be made via tds on lottery
➡️【Mk.com】✅Casino games and entertainment venues located in India✅, is the newest and best casino, and will soon launch slot machines, table games, and sports betting. ✅  Rate of TDS us 194B & 194BB of Income Tax Act The payer shall deduct tax at the rate of 30% under Sec 194B from the money paid for winnings from the lottery, tds on lottery income Section 194B of the Income Tax Act requires the deduction of TDS on winnings from lotteries or crossword puzzles The TDS rate under this

tds on lottery income the action takenbeing taken by the Government against lottery distributors who indulged in evasion of GST, TDS etc ? ANSWER THE

tds on winning from lottery However, under section 194B of the Income-tax Act, the payer has to apply tax deduction at source before If you have won a lottery, get prepared for a huge TDS of 30 per cent This is if the amount of lottery ticket won is more then Rs 10,000 Apart