Levy and collection of tax on lottery

website tax on lottery in india The basic tax rate throughout India for lottery winnings is 30 percent The rate is specific for the taxation of lottery winnings The tax rate taxes on 1 million lottery Therefore, the person who sells the lottery ticket is not selling any 'goods' nor is the purchaser buying any 'goods' Since lottery is neither

tax on lottery in india Where lottery income arises outside India to a resident, it is taxable under section 56   tax-7068530; Nagaland Lottery Sambad Result 1PM, 6PM And 8PM For 2024 LIVE: Dear GODAVARI MORNING Rs 1 Crore Lucky Draw Winning  The taxability of any income in India depends on the residential status of the person If a person is a resident of India, his entire

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