What is the Tax for Lottery Winnings Prize in Kerala? TDS

lottery money tax
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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%

Prizes that are given in a competition or contest are not taxable gambling or lottery winnings if no advantage or inequality in amount or value is offered or

lottery martin coimbatore Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket,

lottery sambad nagaland state lottery sambad gambling organised via telecommunications — income from the organisation of the game Tax rates Lottery tax rates for lotteries and instant lotteries amount to