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Any amount of money won in a lottery is considered capital in nature and therefore exempt from Income Tax Lottery prizes also benefit from a
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The Centre's move is based on the Income Tax Rule 2023 The Tax Deduction at Source will be applicable to the lottery prize winners who
does hollywood park casino have slot machines Right off the bat, lottery winnings over $5,000 are subject to tax withholding of 24% Additionally, depending on how much you are taking home