On winning a 1 crore lottery in India, how much taxes do you pay?

website how much taxes deducted from lottery All winnings from an out-of-state lottery are taxable for New Jersey gross income tax purposes, regardless of the amount Page 2 7 ) Q Will the New how long to get lottery winnings Since lottery income falls under special incomes, it would be taxed at a flat rate of 30% The tax slabs would not be applicable and the winner

how much taxes deducted from lottery of the Revised Code, the state lottery commission shall deduct and withhold an amount equal to four per cent of the payment from each lottery prize award  Three methods are used by the government to collect income tax: taxes deducted at source from the income of the recipient; taxes  This includes expenditure on medicines, hospitalization charges, fees paid to doctors, etc However, there is no deduction for lottery winnings

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