On winning a 1 crore lottery in India, how much taxes do you pay?

On winning a 1 crore lottery in India, how much taxes do you pay? lottery tax rate Under the provision of section 194B of the IT Act, 1961 the TDS rate for any income earned by way of winnings from crossword puzzles, lotteries, lottery michigan In India, lottery winnings are subject to taxation under Section 194B of the Income Tax Act, 1961 This section mandates that any winnings from

lottery michigan TDS Rate: The TDS rate for lottery winnings is 30% us 194B of the winning amount For game show winnings,

lottery photo checker The TDS of % is a flat tax on the winning amount; it will not be added to your income and you will not be able to benefit from your income tax rate slab  The lottery credit is displayed on tax bills as a reduction of property taxes due tax rate This is the amount of credit provided for that property (sec