What is the Tax for Lottery Winnings Prize in Kerala? TDS

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Taxation of Lottery was done under two tax brackets 12% and 28% Goods and Services Tax is a destination based tax It is one indirect tax for the whole

Right off the bat, lottery winnings over $5,000 are subject to tax withholding of 24% Additionally, depending on how much you are taking home Alappuzha: The state government has begun levying tax from those who win small prizes several times through lottery draws A 30 per cent tax

lgo234 slot Shareholders, partners, or members in pass-through entities receiving income from gambling or lottery activities are subject to personal income tax on their Lottery tax in Kerala, including cess and surcharge, stands at % So the Kerala lottery tax rate will be % of Rs 1 crore, that is, Rs