rate of tds on lottery winning is
TDS Rates Chart: Plan Your Investments Wisely
TDS Rates Chart: Plan Your Investments Wisely
TDS Rates Chart: Plan Your Investments Wisely rate of tds on lottery winning is A flat 30% TDS is deducted at the time the winning amount is disbursed to the winner with cess and surcharge, the actual rate for non- rated slot All the deducted TDS gives you tax credits and reduces your tax liability So, for example, if you end up paying 30% TDS on a lottery payment of Rs 300,000 (
rated slot To sum it up, the actual winning amount or value is subject to a 30% TDS rate under Section 194B The relevant tax that is withheld at
26 august 2023 lottery sambad Online gaming is in trend these days and many persons win through online game and puzzles If the winning amount is disbursed in installments, TDS is deducted on each installment at a proportionate rate Regarding the rate of TDS under