Taxes on Lottery Winnings Explained
As per Sections 194B and Section 115BB of the IT Act, a tax rate of 30% is charged on lottery winnings of over Rs 10,000 It is deducted by a
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When you begin selling those investments and making profit, you might have to pay tax The rate you'll pay is either 10% or 20% It's 10% if you are a basic
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