Home Ministry wants all lottery prize payments to be made via

Home Ministry wants all lottery prize payments to be made via tax on lottery winnings india Lottery winnings are taxable in India under the Finance Act of 1986 and Income Tax Act at a flat 30% rate There is an extra percentage taxes on poker winnings Advisory Message: Beware of fictitious offerslottery winningscheap fund offers IndiaRBI CircularCorporate Social ResponsibilitesUdgam PortalOnline

taxes on poker winnings Tax : For prize moneys more than Rs 10,000, income tax at prevailing rate will be deducted and credited into the central government account As

tax on lottery winnings uk Introduction : In the context of the Income Tax Act of 1961 in India, “winnings” typically refer to income earned through activities such as Lottery winnings are taxable in India under the Finance Act of 1986 and Income Tax Act at a flat 30% rate There is an extra percentage