Income tax payable on winnings from online, offline games of chance

1 crore lottery tax
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Kerala Lottery Fifty Fifty FF-102 Result Out: 1 Crore

If the prize money exceeds ₹10,000, as per Section 194B of The Income-tax Act, 1961, the winner would get the money after TDS online deductions

12 tarike night lottery result Lottery tax in Kerala, including cess and surcharge, stands at % So the Kerala lottery tax rate will be % of Rs 1 crore, that is, Rs

10000 wishes slot Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%