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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US lottery taxes differ from other countries because winnings are considered taxable income for both federal and possibly state taxes The federal government
As per the Income Tax rules, money won in a lottery or any competition is taxable You will have to pay a flat 30 per cent of the winning amount Tax Band 2: Prizes between RON10,001 and RON66,750 are subject to a flat tax of RON300 and a tax rate of 20% on the amount that exceeds RON10,000 Tax Band 3:
protection paladin best in slot According to estimates from , the winner of the publicized $ billion jackpot would earn $280,885,562, if they take the lump sum How Much Do Lottery Winners Pay in Taxes? Unveiled! Are you curious about the tax