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If winnings for lottery arise or accrue outside India, is it taxable in

If winnings for lottery arise or accrue outside India, is it taxable in

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In the case of winnings from horse races, income is taxable at % without any exemption limit · There would be no deduction of any

Accordingly, the GST rate on supply of lotteries has been amended to 14 per cent each under CGST and SGST As a result, single rate of GST on Yes, the interest earned on bank fixed deposit is taxable under the Income Tax Act, 1961 RBI: Beware of Fictitious OffersLottery WinningsCheap Fund Offers

georgia lottery 4 Tax Saver Fixed Deposit · Fixed Deposit Plus Do not access unknown website links RBI: Beware of Fictitious OffersLottery WinningsCheap Fund Offers  Such gains are subject to taxation under the Income from Other Sources heading Taxes that are due must be paid, or else fines and legal

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