Lottery first prize amount will be increased to 1 crore, ticket price will

No, winnings are taxed at a flat rate of % They are not taxed at the tax slab rate of the individual Q- When will awards be tax-free?

If you win 1 crore rupees in the lottery then how many lakhs will go in Tax On 1 Crore Lottery Ticket Income Tax Continues below

10 12 23 kerala lottery result According to the 1986 Finance Act as well as the Income Tax Act, lottery wins in India are subject to a fixed 30% tax rate When earnings exceed

12324 kerala lottery result The income tax exemption limit is up to lakh for senior citizen · If their total income is more than lakh and up to crore: