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Publication 17 , Your Federal Income Tax

Publication 17 , Your Federal Income Tax

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tax rate on lottery winnings in india
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The State Legislature has the competence to tax lottery Current taxation policy in India covers all types of Gambling industry directly and winnings from lottery to deduct income-tax at source, at the rates specified GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OFREVENUE CENTRAL BOARD OF

the best slot game camp The TDS of % is a flat tax on the winning amount; it will not be added to your income and you will not be able to benefit from your income tax rate slab  According to Section 115BB of the Income Tax Act, any income earned from winnings in games of chance, including lotteries, card games, and other

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