How much tax will I pay on winning a Rs 10 Crore lottery in India?
Lottery winnings in India are subject to a flat 30% tax rate This means that if you won 20 crore, you would have to pay 6 crore as tax,
How Are Lottery Winnings Taxed in California? tax on lottery Lottery winnings in India are subject to a flat 30% tax rate This means that if you won 20 crore, you would have to pay 6 crore as tax, taxes from lottery winnings Meanwhile, other states have tax rates for lottery winnings that generally range from about 3% to almost 11% But in any case, once applicable taxes are taken
tax for winning lottery State Lottery winnings are currently subject to federal income tax withholding only if the proceeds from the wager
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