Tax on winning lottery, puzzle, card game, horse race

rate of tds on lottery winning is
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The current rate of TDS under section 194B is 30% This means that if a person wins Rs 15,000 from a lottery or a card game, the person

TDS rate is 30% There won't be a fee and a health and When lottery winnings, prizes, etc are paid in instalments, the tax In such a case the payer of prize money will deduct tax at source at the rate of 30% plus cess and surcharge applicable under

morning lottery morning lottery For example, on Rs 1 lakh prize money in a game show, in all likelihood, the organiser will deduct the flat rate of TDS at 30 per cent ( TDS will be deducted by the person who is paying any income in the form of commission, remuneration or prize on lottery tickets to any person