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

The tax rate for winning from lotteries and game shows is %, including cess Out of this, a 30% tax is applied on winning the lottery and

While lottery winnings aren't taxable, you may be subject to taxes once you've deposited the funds or if you give any winnings as a gift Let's

taxes on poker tournament winnings section 115bb tax on winnings from lotteries crossword puzzles races including horse races card games and other games of any sort or gambling or betting of

taxi slot Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery winnings, and other similar types of income as ordinary income, no