Taxes on Lottery & Gambling Winnings: What You Need to Know

how much taxes on lottery
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Income tax is a tax that is levied by the Government of India on the income of every individual or entity The Income-tax Act, 1961 governs

Every student who takes part in the competition gets a chance to win Rs 10 lakh However, winning the prize requires you to pay In India, lottery winnings are subject to a tax deduction at source of 30% if the amount of the winning exceeds Rs 10,000 Therefore, if

nokia c30 price in nigeria slot 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 much of a prize Is taken out for taxes? The lottery is required by the The state of South Dakota does not tax lottery winnings How can I hear