TDS Rate Chart for FY 2024-2025

TDS @ 30% will be deducted from such winnings Rule 133 was introduced, providing clarity in the computation of net winnings in online games

Rules for Income Tax on Lottery Winnings or Game Show Income · In the case of winnings from horse races, income is taxable at % without any

tds on lottery In India, lottery winnings are subject to a tax deduction at source of 30% if the amount of the winning exceeds Rs 10,000 Therefore

tds on lottery income It is applicable on winning fromlotteries,crossword puzzles,card game and other game of any sort, races including horse races,Cutoff is Rs