What is Tax on Kerala Lottery Prize Money?

what are taxes on lottery winnings
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If you are a nonresident, Wisconsin Lottery winnings are taxable to Wisconsin If your Wisconsin gross income

Your local citytown may also require your lottery winnings to be taxed as income and this can result in another line of deduction from your The reward would be subject to tax according to Section 56 and reported under the title “Income from Other Sources ” The lottery winners are

lottery numbers for indiana As per Section 194B of The Income-tax Act, 1961, if the prize money exceeds ₹10,000, then the winner will get the prize money after the It's very important to pay the necessary taxes on lottery or prize money winnings in order to prevent fines and other legal repercussions Such