Taxes on Prize Winnings and More!
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Are there any tax implications if one person buys a lottery ticket and gifting lottery winnings
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Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%
mater hospital home lottery You can't gift money to others to try to avoid paying taxes on the winnings In fact, if you gift enough, there might be even more taxes to pay!
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