What is Tax on Kerala Lottery Prize Money?
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
Taxes on Lottery Winnings by State 2024 how much of lottery winnings are taxed
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Section 194B of the Income Tax Act requires 30% TDS on lottery & game show winnings over Rs 10000, with an effective tax rate of %,
how to check winning lottery tickets You do not have to report certain non-taxable amounts as income, including the following: lottery winnings of any amount, unless the prize
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