the rate of tds from winning from lottery
How much tax will pay on winning a Rs 1 Crore lottery in India?
the rate of tds from winning from lottery
the rate of tds from winning from lottery
➡️【Mk.com】✅From our real money online casino✅ to a wide variety of table games✅,✅you have plenty of opportunities to win huge jackpots at the best online casinos in India.✅ The applicable rate of TDS shall be 30% at the time of withdrawal of such winning amount “Any Person” here means the the national lottery Regarding TDS on prize money, bear the following in mind: Regardless of their regular income, winnings, age, or physical condition, everyone is required to pay
the rate of tds from winning from lottery Detailed Solution ; Type of Income TDS Rate ; Income by way of winning from horse race 30% TDS ; Insurance Commission, 5% TDS ; Rent of Plant & Machinery, 2% TDS 1 Applicability: Winning amount needs to be more than Rs 10,000 · 2 Deductor: Prize distributor can be any person and shall deduct the TDS at 194B, R,NR,FC, Income from lottery winnings, card games, crossword puzzles etc Aggregate income from such activities-10000, 30