Income Tax on Winning Lottery, Game Shows, Awards, and Prizes

tax rate on lottery winnings in india
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The Secondary and Higher Education Cess of 4% will be added to the tax amount, thus making the effective rate of tax as % Income Tax on Lottery Winnings

Currently, the maximum rate for income tax is capped at 30% though a surcharge and educational cess is added The table below gives an idea of the taxable

taxes on poker tournament winnings Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%

taxes for lottery winnings winnings from lottery to deduct income-tax at source, at the rates specified GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OFREVENUE CENTRAL BOARD OF