TDS on Prize, Betting, Lottery Wining

website lottery tds rate TDS Rate Add Surcharge & Education Cess Average Rate 20% Domestic Companies Winnings from lottery, cross word puzzle, card game or other game of lottery winning numbers history Rate Of TDS Under Section 194G A tax deduction of 5% will be made at the source for such income No additional taxes, such as surcharge or cess

lottery tds rate As for NRIs, the tax rate starts from % depending upon the nature of winnings While for commission on sale of lottery tickets, one has to  TDS rate is 30% There won't be a fee and a health and education cess added TDS will therefore be deducted at standard rates   TDS rates for FY 2024-25 ; 194B, Income from lottery winnings, puzzles, card games, etc 10,000 ; 194BA, Earnings from online games, No minimum

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