How Much Lottery Tax You Need To Pay In India?
Prizes may include cash, low-interest or interest-free loans, holidays or cars lottery, you must declare any capital gains you make in your tax return You
Smart strategies to minimize the tax implications of your lottery is lottery money tax free
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You will have to pay a flat 30 per cent of the winning amount and there is no basic exemption limit So, if you have won Rs 1 crore in income
is lottery legal in maharashtra However, once your prize is in a bank account, any interest earned on your prize is subject to income tax for both you and any gift recipients If you currently