Lottery-like taxation: Fear grips F&O traders as 30% tax likely on

Lottery-like taxation: Fear grips F&O traders as 30% tax likely on lottery tax india The Supreme Court on Wednesday held that a State legislature has the right to impose tax on lotteries conducted by other States within its lottery result 21 6 24 The government of India is considering a proposal to impose higher income tax on the F&O segment in the upcoming union budget

lottery result 21 6 24 Lottery winnings in India are subject to a flat 30% tax rate This means that if you won 20 crore, you would have to pay 6 crore as tax,

lottery national belgium IT Act, 1961 governs taxation in India As per Sections 194B and Section 115BB of the IT Act, a tax rate of 30% is charged on lottery winnings Lottery Money: লটারিতে এক কোটি টাকা পেলেও আপনার হাতে আসবে আরও কম। দেশের আয়কর আইনের নিয়ম মেনে সেই ক্ষেত্রে কাটা