Tax on Winning Game Shows & Lotteries

website 1 crore lottery tax 1 Interest Particulars securities for money issued by or on behalf lottery , crossword % % % % puzzle , card games or 12 tarikh morning lottery result The tax deducted directly by lottery department: Rs crore 1 1

1 crore lottery tax According to the 1986 Finance Act as well as the Income Tax Act, lottery wins in India are subject to a fixed 30% tax rate When earnings exceed  As per the Income Tax rules, money won in a lottery or any competition is taxable You will have to pay a flat 30 per cent of the winning amount  1 Crore Lucky Draw Winning Numbers Here Nagaland Sambad State Lottery Sunday LIVE: The results for the Nagaland State Lottery draws

Share

Share

Link

Turn off sharing Copy link

See all details