Tax On Winning Lottery, Game Shows & Online Gaming in India

lottery tax in india
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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

Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30% At present, a 30 per cent tax deducted at source is levied from those who arrive at lottery offices directly to

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