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

The payer must provide you with a Form W-2G if you win: If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% If you

However, winning the prize requires you to pay taxes on your winnings If you win Rs 10 lakh, you will have to pay a 30% tax on lottery

how many times h1b lottery in a year As per the Income Tax rules, money won in a lottery or any competition is taxable You will have to pay a flat 30 per cent of the winning amount

how to be a dealer in poker Lottery prizes get taxed under the same rules as regular income tax Whatever prize money you receive during the year is added to your taxable