lottery winning tax
Personal tax tip #59 Gambling Winnings and Your Maryland Tax
lottery winning tax
website lottery winning tax 30% tax on lottery wins of over Rs 10K a year Thiruvananthapuram: The State Government, as directed by the Centre, has started levying tax lottery sambandh 30% tax on lottery wins of over Rs 10K a year Thiruvananthapuram: The State Government, as directed by the Centre, has started levying tax
lottery winning tax Winnings from lottery are flat taxable at the rate of 30% under income tax act, 1961 · The basic exemption limit is not available in case of 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 Therefore, no tax is to be deducted where the amount of winning from each lottery, crossword puzzle, card game, etc does not exceed ₹ 10,000
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