TDS Rates issued for FY 2024-25

Offline games: TDS shall be deducted under section 194B for winnings from any betting or gambling game if the aggregate amount received in a

6 Section 194B Winnings from lotteries, crossword puzzles etc, Rs 10,000 ; 7 Section 194BB Winnings from Horse Races, Rs 10,000 ; 8 Section 194C · Payment to

the odds of winning the lottery The flat tax rate under TDS Section 194B is 30% Deduction under section 80C or 80D or any other kind of deduction or allowance is not applied to this income

the national lottery website Rate of TDS is 30% No surcharge and Health & Education Cess shall be added Hence, TDS shall be deductible at basic rates ILLUSTRATION– A