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Directive 86-24: Lottery Winnings; Lottery Tickets -

Directive 86-24: Lottery Winnings; Lottery Tickets -

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winnings are subject to tax The tax rate on such winnings is a flat rate of 30%, and this applies to both resident and non-resident winners

Therefore, no tax is to be deducted where the amount of winning from each lottery, crossword puzzle, card game, etc does not exceed ₹ 10,000  The winnings are subject to a flat tax rate of 30% without any deductions The tax is usually deducted at

poker kamasutra Congratulations! · In Australia, lottery winnings are classified as tax-free income · This includes all prizes won through Golden Casket, NSW Lotteries, Tatts, A health and education cess at 4% of the total tax is imposed in addition to the introductory rate of 30% Consequently, % is the effective tax on lottery

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