Tax on winning lottery, puzzle, card game, horse race

tax for lottery in india
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tax for lottery in india lottery across India GST@12% is levied Differential tax rates for lottery run by State Governments and lottery authorized by State   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  Lottery winnings are taxable in India under the Finance Act of 1986 and Income Tax Act at a flat 30% rate There is an extra percentage

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