Tailor bewildered by rumours of him winning Rs 1 Crore lottery

1 crore lottery tax
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1 Crore 60 per cent , of taxable turnover plus surcharge levied under section 15-1A or Rs 25,000, whichever is higher; Above Rs 1 Crore but up to Rs 5

A Surcharge of 12% is levied on incomes above Rs 1 crore Health and Education Cess Rate - 4 % Comparison of Income Tax Slabs under New Regime

17 october lottery sambad The income from other sources like winning lottery, horse races etc , are taxable in India However, under prevailing tax laws, these earnings are taxed

17 tarikh ka lottery result Winners must remember that there is a deduction of 30 percent lottery tax and 10 percent agent lottery commission applicable on the prize money