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What is Tax on Kerala Lottery Prize Money?

What is Tax on Kerala Lottery Prize Money?

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how much tax do you have to pay on lottery winnings
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The prize money will be considered as separate from your income, and your regular income will be taxable as per your income tax rate slab You do not get any

The winning amount is tax free, however you will be charged when you put it in the bank or when inheritance tax is charged  Although you don't have to pay taxes on your lottery winnings, there are a number of things to keep in mind once the money has been sent to you

kr515 lottery result The winning amount is tax free, however you will be charged when you put it in the bank or when inheritance tax is charged  The amount won is subject to a tax of 30% from the winner, irrespective of any other income the individual might be earning This is maintained

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