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how much is taxed on lottery winnings

how much tax on lottery winnings in india

how much tax on lottery winnings in india

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how much is taxed on lottery winnings

how much tax on lottery winnings in india how much is taxed on lottery winnings The overall tax rate on earnings now becomes % If the total amount won exceeds Rs 10 lakhs, a further 10% surcharge is also applicable To how to play ca lottery When it comes to lottery prizes, the first thing that happens after you turn in that winning ticket and get your lump sum is that the federal

how to play ca lottery However, winning the prize requires you to pay taxes on your winnings If you win Rs 10 lakh, you will have to pay a 30% tax on lottery

how to become a professional poker player Congratulations! · In Australia, lottery winnings are classified as tax-free income · This includes all prizes won through Golden Casket, NSW Lotteries, Tatts, The federal tax rate on any prize over $5,000 is 24%, which gets immediately deducted from your winnings And for a large prize like the Mega

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