Income Tax on winnings from Lottery, Game Shows, Puzzle

tax on lottery in india
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There are many lottery games that take place in India, all of which are run According to Drapeau, this tax was not a lottery for two reasons The

winnings from lottery;; activity of owning and maintaining race horses Copyright @ Income Tax Department, Ministry of Finance, Government of India

tax on lottery winnings texas Overview of Lottery Tax in India · Tax Rate: 30% on winnings above INR 10,000 · Additional Charges: Surcharge and cess · Total Effective Tax Rate:

taxes on lottery Provided that, where a lottery dealer has paid the tax under this sub-section, no tax shall be payable in respect of the subsequent sale of such lottery tickets