Tax On Winning Lottery, Game Shows & Online Gaming in India

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Flat Tax Rate*: Lottery winnings are taxed at a flat rate of 30% under Section 115BB of the Income Tax Act Surcharge and Cess: In addition to

Higher tax brackets mean you're paying additional taxes on that prize » Want to dream big? Try our lottery tax calculator What if you win a Q- How much tax is paid for a 5 crore lottery? The entire amount received will be taxable at the flat rate of % The award winner would

slot auto game The tax rate for winning from lotteries and game shows is %, including cess Out of this, a 30% tax is applied on winning the lottery and Calculate Tax Pay As You Earn · Motor Vehicle Import Duty · Motor Cycle Lotteries, Gaming and Prize Competition Address Times Tower Building