All About Lottery Taxes

is lottery taxable
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Section 194B of the Income Tax Act requires 30% TDS on lottery & game show winnings over Rs 10000, with an effective tax rate of %,

But what is withheld is Services provided by the distributors or agents in relation to promotion or marketing of lottery tickets are leviable to service tax under the

atta lottery result night All gambling winnings are taxable including, but not limited to, winnings from: Lotteries; Raffles; Horse races; Casinos All must pay lottery tax of % with cess if the winning amount is above Rs 10000, regardless of their income, winnings, age,