How much tax has to be paid on lottery or game show prize money?

No, winnings are taxed at a flat rate of % They are not taxed at the tax slab rate of the individual Q- When will awards be tax-free?

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how long to claim lottery In India, lottery winnings are subject to a tax deduction at source of 30% if the amount of the winning exceeds Rs 10,000 Therefore, if

how to poker The prize money will be considered as separate from your income, and your regular income will be taxable as per your income tax rate slab You do not get any