TDS Rates in India - TDS Rate Chart for FY 2023-24

tds on lottery
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In case the prize money in cash is only ₹10 Lakhs, then total TDS Liability would be ₹15 Lakhs The payer should ensure either: Miss Dilaik

The person responsible for paying to any person any income by way of winnings from any lottery or crossword puzzle, card game and other game of any sort in an

tds on winning from lottery Section 194B and 194BB contains provisions relating to TDS on winnings from lottery, crossword puzzle or any game and winnings from horse race

tds on lottery No surcharge or health or education cess has to be added to the rate of 30% However, the deductor shall deduct TDS on winning from lottery or crossword puzzles