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

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

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how much is the tax on lottery winnings
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Congratulations! · In Australia, lottery winnings are classified as tax-free income · This includes all prizes won through Golden Casket, NSW Lotteries, Tatts,

You're required to report all of your gambling winnings as income on your tax return, even if you end up losing money overall · You may receive Before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000, CNBC explains Out

kronos unleashed slot machine free play When it comes to lottery prizes, the first thing that happens after you turn in that winning ticket and get your lump sum is that the federal No, winnings are taxed at a flat rate of % They are not taxed at the tax slab rate of the individual Q- When will awards be tax-free?

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