Section 194B of Income Tax Act

how much do you get taxed on lottery winnings
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US lottery taxes differ from other countries because winnings are considered taxable income for both federal and possibly state taxes The federal government

you no additional tax de- duction But the winnings might have a significant impact on your total taxes and may cause you to pay additional taxes 86 Selected

how rare is it to win the lottery in bitlife As per Sections 194B and Section 115BB of the IT Act, a tax rate of 30% is charged on lottery winnings of over Rs 10,000 It is deducted by a

how to win buffalo slot machine Then you will have to pay tax on ₹4 lakh at the rate of % while your income will be taxed at the relevant slab rate after deducting