Gambling Winnings Tax

Won a lottery or prize money in India? Here's what you need to know how much do they tax on lottery winnings
➡️【Mk.com】✅Game Show · Crazy Time ✅ · Rainbow Fortune Live Stream · Money Drops Live · Who Wants to Be a Millionaire Roulette · Travel Fever · Adventures Beyond Wonderland Live · ✅  After calculating your net winnings, the first thing the IRS will do is take 25 percent of your prize money for taxes This 25 percent is how many players can play poker at once Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%

how to remember poker hand rankings The current TDS rate on such winnings is 30%, with the total tax liability, including surcharge and cess, amounting to % Winning award