On winning a 1 crore lottery in India, how much taxes do you pay?
On winning a 1 crore lottery in India, how much taxes do you pay?
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Winnings received are not taxable as they are windfalls and not considered as an income You do not need to declare the winnings in your Income
The TDS of % is a flat tax on the winning amount; it will not be added to your income and you will not be able to benefit from your income tax rate slab The prize is taxed if a person takes the annuity option − which is what the advertised jackpot figure represents − or the lump sum A 2018 USA
agen slot pragmatic Winnings received are not taxable as they are windfalls and not considered as an income You do not need to declare the winnings in your Income How much do I pay in taxes if I win 1,000,000? If your gross prize for lump sum payout is $1,000,000, you need to pay $334,072 in total tax ($240,000 federal
