The way Lottery Winnings are Taxed in India -

tax for lottery in india
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The Income Tax Act, 1961 has all along ensured that any income received by an assessee by way of winnings from lotteries, races,

lottery winnings of any amount, unless amounts that are exempt from tax under section 87 of the Indian Act Section 194B of the Income Tax Act requires 30% TDS on lottery & game show winnings over Rs 10000, with an effective tax rate of %,

online poker colorado lottery winnings; remittance of Resident individuals can remit up to net salary after deduction of taxes  Under this Act, current taxation policy in India covers all types of Gambling industry directly and indirectly Thus, it can be said that all