What is Tax on Kerala Lottery Prize Money?

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Any money or prize you win from a game show, reality show or lottery, is subject to tax deduction at source The Income Tax Act, 1961 specifies in Section

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money slot games Where the Money Goes · The Lottery returns the largest share of its ticket proceeds to winning players in the form of prizes · As required by law

money to burn slot machine At least 50% of total revenue must be dedicated to prize winnings Over $ Billion Funding for Property Tax Credits This money has been