Income Tax On Lottery Winnings And Game Show Winnings In India

Income Tax On Lottery Winnings And Game Show Winnings In India tax act lottery calculator
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tax on lottery in india There are five sources of income as per income tax act ,1961- Income lottery, or horse races are classified under this category

tax act lottery calculator How do lottery taxes work? ; 10% $0 to $11,600 10% of taxable income ; 12% $11,601 to $47,150 $1,160 plus 12% of the amount over $11,600 ; 22 Tax Calculator available on News and Updates : Notification on Taxes on Lottery Winnings · : Notification