Income tax payable on winnings from online, offline games of chance

lottery income tax rate
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As per section 115BB of the Income-tax Act,1961, the entire income from winning lotteries, games show, etc will attract tax at the rate of 30%

Section 194A: Income in the form of interest 10% ; Section 194B: Income by way of lottery winnings, card

lottery slogans TDS Rate: The TDS rate for lottery winnings is 30% us 194B of the winning amount For game show winnings,

lottery powerball jackpot payout If you're a foreign resident, a working holiday maker, or under age 18, see your individual income tax rates on the ATO website lottery winnings and other