Income Tax Calculator Calculate Taxes for FY 2023

30% tax on lottery wins of over Rs 10K a year 1 crore lottery tax 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 16 tarike lottery sambad 1,000, then a TDS deduction of % is applicable This needs to be filled in Section 194B of the Income Tax Act The prize distributor is

15 tarikh dear lottery result Income Tax and Surcharge etc if any, will be deducted at source from the : 1 crore and 8 lakh printed in case of