Income Tax Calculator -

lottery tax calculator india
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has income from lottery, racehorses, legal gambling etc has taxable Copyright @ Income Tax Department, Ministry of Finance, Government of India

TDS Rates Applicable for Resident of India for FY 2024-25 ; Section 194B: Income by way of lottery winnings, card games, According to Section 194B of the IT Act, 1961, a tax rate of 30% is applicable on lottery winnings exceeding Rs 10,000 This is treated

free lottery login 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 Enter the amount received from Income from other sources like winnings from horse races, lotteries The government of India mainly collects taxes in three of