What is the Tax for Lottery Winnings Prize in Kerala? TDS
What is the Tax for Lottery Winnings Prize in Kerala? TDS
lottery taxation
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Q: Are lottery prizes subject to taxation? A: Effective August 13th 2018, lottery winnings are subject to taxation Q: What is the rate of tax? A: Ten
The tax is leviable not on the face value of the lottery tickets, but on the sales proceeds at first sale point less the prize amounts announced for the scheme
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