Tax on winning lottery, puzzle, card game, horse race

Won a lottery or prize money in India? Here's what you need to know how much tax is deducted from lottery winnings The applicable cess rate is 4% on above 30%, bringing the overall tax rate to % Regardless of the individual's tax slab how to find a good slot machine Generally, the federal government taxes prizes, awards, sweepstakes, raffle and lottery winnings, and other similar types of income as ordinary income, no

how to book slot for driving license The TDS of % is a flat tax on the winning amount; it will not be added to your income and you will not be able to benefit from your income tax rate slab