Tax on Winning Game Shows & Lotteries

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All other state taxes like Luxury Tax, States Sales Tax, Lottery Tax, Entertainment Tax, etc Nippon India Tax Saving Fund · Kotak Mahindra Tax Saving

For the purpose of income tax these games are a game of chance and are taxed at flat 30% rate plus cess, etc Nonetheless there are some things

lottery sambandh lottery sambad 30% tax is applied to prizes and awards that have not received government approval The tax rate would also need to be increased by cess The

lottery sambad night ka result Income from Salary; Income from Capital Gains; Income from House Property; Income from Business; Other income such as lottery and other legal