Rates of TDS

rate of tds on lottery winning is   Dan rate of tds on lottery winning is

If you have won a lottery, get prepared for a huge TDS of 30 per cent This is if the amount of lottery ticket won is more then Rs 10,000 Apart

The tax on lottery winnings, crossword puzzles, card games, etc is a flat rate of 30% After adding the health and education cess of 4%, the Note: Tax shall be deducted at the rate provided under DTAA if same is lower than the existing TDS rate of 20% The rate of TDS shall be increased by applicable

jul-161 TDS 2023-24 ; Section 194B, Income by way of winnings from lotteries, crossword puzzles, card games and other games of 40,000 , 10% 194A, Interest by others, Rs 5,000 , 10% 194B, Winning from Lotteries & Cross Word Puzzles, Card games and