Won a lottery or prize money in India? Here's what you need to know

Everything You Need to Know About Filing Taxes on Winnings tax rate on lottery winnings TDS rate is 30% There won't be a fee and a health and education cess added TDS will therefore be deducted at standard rates tax lottery Taxes on Poker Winnings will be taxable at 30% the highest tax bracket Q- Can income tax deducted from lottery winnings be claimed as a refund?

taxi slot Lottery winnings that are more than $5,000 get a federal tax of 24%, therefore, you'll be cutting more than $12 million from the annual payments