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

is lottery taxable
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Taxation · For awards derived from games that took place prior to 5 July 2018, the exempt amount is 2,500 euros · As of 5 July 2018, inclusive,

That is unless your regular household income already places you in the top tax bracket prior to winning In that case, all of it is taxed at 37% This can be

is poker a game of skill or chance The lottery and gaming credit is a credit that provides direct property tax relief to qualifying taxpayers on their property tax bills Lottery proceeds are

is the lottery run by the government During the current taxable year, Davis spent $390 on these tickets For the same period she picked one lucky number and had lottery winnings of $300 She