The way Lottery Winnings are Taxed in India -

The way Lottery Winnings are Taxed in India - tax on lottery winnings india What do the tax laws say about lottery income? When a person receives an income from lotteries, game shows or even wins money from a sports tax on lottery winnings california Have you ever wondered about people who win money on game shows like Kaun Banega Crorepati, Bigg Boss, Indian Idol, etc , paying tax or not? Do

tax on lottery winnings california The basic tax rate throughout India for lottery winnings is 30 percent The rate is specific for the taxation of lottery winnings The tax rate

taxes paid on lottery winnings Pay through Easy Collect · ToolsCalculators · Apply Online · Interest Rates · Pay your Tax Online lottery winningscheap funds offers :RBI Advisory Income tax of 30% is deducted on all prizes above Rs 10,000 Thus, a person winning Rs 1 lakh will have a net earning of Rs 61,600 Tickets