Details on Taxes For Lottery Winnings In India

Details on Taxes For Lottery Winnings In India 1 crore lottery tax In this case, the surcharge will be 10% in the case of winnings between INR 50 lakh and INR 1 crore and 15% in winnings that exceed INR 1 crore 18 sal lottery sambad If your income is 1 Crore, you will roughly pay 40%+ tax in India Next year ---let's say-- you lose your job And

18 sal lottery sambad 1 crore shall be replaced with ` 10 crores Tax on income of certain manufacturing domestic companies Applicable to: Domestic

17 tarik lottery sambad actor The winner of the first prize will get around Rs 12 crore after deduction of taxes and agent's commission Published By: Vadapalli Nithin Kumar  As per the Income Tax rules, money won in a lottery or any competition is taxable You will have to pay a flat 30 per cent of the winning amount