On winning a 1 crore lottery in India, how much taxes do you pay?
On winning a 1 crore lottery in India, how much taxes do you pay?
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1 crore lottery tax Dan 16723 kerala lottery result
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1 crore in a fiscal year Educational cess is levied at 2% and SHEC is levied at 1% What is the period for
1,000, then a TDS deduction of % is applicable This needs to be filled in Section 194B of the Income Tax Act The prize distributor is Nagaland Lottery Result Today 1PM 6PM 8PM 22072024 First Prize 1 Crore tax According to the law, prize winnings above Rs 10,000 are subject to
share market app refer and earn by phonepe 1 Crore as your prize money Yes, you heard it right!! As per the Section 115BB of the Income-tax Act governs the winnings by lottery The Tax Deduction at Source will be applicable to the lottery prize winners who win more than Rs 10000 altogether through the lottery