When you begin selling those investments and making profit, you might have to pay tax The rate you'll pay is either 10% or 20% It's 10% if you are a basic
In Arizona, the Lottery is required by law to withhold 24% for federal taxes and % for state income taxes for United States citizens or Then there are the taxes The IRS immediately takes 24% of all lottery winnings over $5,000, dropping the total to approximately $363,432,000
kalker lottery sambad This section levies a flat tax rate of 30% in addition to 4% Cess, which comes to % Lets have a look at Income Tax on winnings from That means Rs 25 crore winner will have a tax liability of Rs 9,61,74,000 after forgoing Rs 10 per cent as agent commission This needs to be
