Income Tax Calculator Calculate Taxes for FY 2023

Income Tax Calculator Calculate Taxes for FY 2023 tax on lottery winnings in india Firstly, let's talk about federal taxes The US government has a fixed tax rate for lottery winnings This rate is 24% for US citizens and residents with a taxes lottery 10,000 What are the taxes applicable for lottery income of Rs 1 crore in India? Winnings from a lottery have a flat % TDS applicable,

taxes lottery In India, winnings from lotteries, horse races, and other similar activities are taxable However, under current tax legislation, these profits are taxed

tax on lottery Section 115BB in The Income Tax Act, 1961 115BB [ Tax on winnings from lotteries, crossword puzzles, races including horse races, card games and other HOW TO FILE INCOME TAX RETURN FOR WINNING FROM GAMES, LOTTERY, GAMBLING