Gambling and Lottery Winnings

Wll Modi get jealous and start chasing you? i see that there s 30% tax on lottery winnings income tax in India though would still need to file

24 provides the authority to tax all proceeds of any lottery prize regardless of the amount Lottery Prize Proceeds Subject to Income Tax Withholding

income tax on lottery winnings Meanwhile, other states have tax rates for lottery winnings that generally range from about 3% to almost 11% But in any case, once applicable taxes are taken

income from winning of lottery is taxable under DEPARTMENT OF REVENUE LOK SABHA UN Differential tax rates for lottery run by State Governments and lottery authorized by State