Lottery winning outside India - Income Tax

website lottery tax in india The State Legislature has the competence to tax lottery scheme which is gambling being conducted not only by the Government of India or the lottery result ff70 How much tax on prize money is paid for winnings in India? Lottery wins are subject to a 30% TDS rate

lottery tax in india What do the tax laws say about lottery income? When a person receives an income from lotteries, game shows or even wins money from a sports  The government is reportedly planning to impose a higher income tax on F&O, treating it similarly to income from lotteries or cryptocurrencies  Provided that, where a lottery dealer has paid the tax under this sub-section, no tax shall be payable in respect of the subsequent sale of such lottery tickets

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