Income Tax Slabs FY 2023-24, 2024-25

tax on lottery winnings in india   Dan taxes lottery winnings

Lottery winnings in India are considered 'Income from Other Sources' and must be reported under this category on your income tax return The

lottery winnings) is taxable amounts that are exempt from tax under section 87 of the Indian Act Note Complete tax rate on lottery winnings in india,- Player 5: A young and promising talent, this player has shown tremendous potential in recent matches

poker texas regler Section 194B of the Income Tax Act requires 30% TDS on lottery & game show winnings over Rs 10000, with an effective tax rate of %, 20 September 2022, 10:56 AM IST · Prize amount: Rs 25 crore · Agent commission: Rs crore · The tax deducted directly by lottery department: Rs