lottery tds rate
RATES OF TDS APPLICABLE FOR FINANCIAL YEAR 2021-22 OR
lottery tds rate
website lottery tds rate shall attract a TDS rate of 30%, irrespective of the income tax bracket of the winner Moreover, the winnings cannot be clubbed with the regular lottery 7 register bonus The applicable TDS rate under Section 194G is a flat 5% This rate is levied on the gross amount of commission, remuneration, or prize money
lottery tds rate The tax on lottery winnings, crossword puzzles, card games, etc is a flat rate of 30% After adding the health and education cess of 4%, the All the deducted TDS gives you tax credits and reduces your tax liability So, for example, if you end up paying 30% TDS on a lottery payment of Rs 300,000 TDS Rates Applicable for Resident of India for FY 2024-25 ; Section 194B: Income by way of lottery winnings, card games,
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