Section 194B of Income Tax Act

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Q- How much tax is paid for a 5 crore lottery? The entire amount received will be taxable at the flat rate of % The award winner would Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%

ss 393 kerala lottery result Full salary after tax calculation for India based on ₹ annual salary and the 2024 income tax rates in India Useful for India expats and India Full salary after tax calculation for India based on ₹ annual salary and the 2024 income tax rates in India Useful for India expats and India