Tax Tips for Lottery Winners

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Over and above the Kerala lottery prize tax of 30%, and 4% cess will also be applicable This brings the effective taxation rate to % In

Liable Kinds of Properties to be Taxed Under Property Tax India View More Deputy Commissioner E-Mail id How Taxes on Lottery Winnings Work Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be

slot calcio 134 votes, 143 comments 59K subscribers in the IndiaTax community A subreddit for all tax related queries and discussion in India  In other words, for every dollar given to the lottery agency, just between 17 percent and 79 percent of the funds are returned to those who buy