Income tax on Kerala lottery: Won prize over 10k? Check how new
Income tax on Kerala lottery: Won prize over 10k? Check how new
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Kerala Lottery Prize Winner Tax and Agent Commission ; Held ON MONDAY ; Sthree Sakthi ; First Prize Rs:75,00,000- ; Agent commission Rs: lakh (FOR FIRST
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% As per the Kerala lottery, Anoop had ticket number TJ 750605 which gave him ₹25 crore He would have got ₹15 crores after tax deduction He
bonus app real or fake Awards that are not approved by the Government and prizes are taxed at the rate of 30% Cess is added to the tax rate, which brings the total At least lakh people earn a living from Kerala's lottery business If a ticket wins, even the agent who sold it gets a share of the prize