I Won the Lottery! How Bad Are Taxes Going to Be?

I Won the Lottery! How Bad Are Taxes Going to Be? how much taxes deducted from lottery
➡️【Mk.com】✅Best Online Casino in India✅Top Secure Casino Site Checked by Online Casino Gaming Industry ExpertsFind out the latest ratings here! ✅  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 how to play poker step by step Lottery winnings in India are subject to a flat 30% tax rate This means that if you won 20 crore, you would have to pay 6 crore as tax,

how to play poker step by step 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

how to become a slot streamer According to Section 194B of the IT Act, 1961, a tax rate of 30% is applicable on lottery winnings exceeding Rs 10,000 This is treated One ticket can win only the highest prize awarded on it Income Tax and Surcharge etc if any, will be deducted at source from the prize money as laid down in