Won a lottery or prize money in India? Here's what you need to know

Tax on Winning Game Shows & Lotteries lottery win tax
➡️【Mk.com】✅Casino. Offers a variety of games✅, including blackjack, roulette and slot games. ✅  Section 194B of the Income Tax Act requires 30% TDS on lottery & game show winnings over Rs 10000, with an effective tax rate of %, lottery sambad night tata As per the Income Tax rules, money won in a lottery or any competition is taxable You will have to pay a flat 30 per cent of the winning amount

lottery guess Section 194B of the Income Tax Act requires 30% TDS on lottery & game show winnings over Rs 10000, with an effective tax rate of %,