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How much tax will I pay on winning a Rs 10 Crore lottery in India?

How much tax will I pay on winning a Rs 10 Crore lottery in India?

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how is the lottery taxed
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During the current taxable year, Davis spent $390 on these tickets For the same period she picked one lucky number and had lottery winnings of $300 She

While you don't have to report lottery winnings of $600 or less, if you win more than $5,000, the government will hit you with a 24 percent federal withholding Lottery and Gambling Winnings · 5% for Lottery payouts between $10,001 and $500,000; · 8% for Lottery payouts over $500,000; and · 8% for

3 card poker las vegas Lottery tax in Kerala, including cess and surcharge, stands at % So the Kerala lottery tax rate will be % of Rs 1 crore, that is, Rs  For prizes over $5,000, the Lottery is required to withhold 25% for federal taxes, and 8% for state income taxes For Video Lottery℠ Platinum Series

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