GOODS AND SERVICES TAX ON LOTTERY IN INDIA

A ticket sold in Florida has clinched a $ billion Mega Millions jackpot, marking the second-largest individual lottery win in history

The Income Tax Act, 1961 has all along ensured that any income received by an assessee by way of winnings from lotteries, races,

taxes on 2 million dollars lottery winnings Overview of Lottery Tax in India · Tax Rate: 30% on winnings above INR 10,000 · Additional Charges: Surcharge and cess · Total Effective Tax Rate:

tax slot A ticket sold in Florida has clinched a $ billion Mega Millions jackpot, marking the second-largest individual lottery win in history