If I won a lottery of 20 crore, how much will I get after tax deduction

website lottery tax calculator india You do not pay Capital Gains Tax on certain assets, including any gains you make from: ISAs or PEPs; UK government gilts and Premium Bonds; betting, lottery or lottery nc The major difference is the nature of payment and the person to whom payment is made Income from sale of lottery tickets are covered by 194G,

lottery tax calculator india Check lottery results online for Mizoram state lotteries, providing transparency and accessibility to lottery enthusiasts This service is for Property Tax  INR 112 is inclusive of GST The GST rate on state-run lottery programme is 12% Thus, Price before GST =   Lottery winnings in India are subject to a flat 30% tax rate This means that if you won 20 crore, you would have to pay 6 crore as tax

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