Your Winnings are Taxable: A Breakdown of India’s Lottery and Game Show Tax Rules
Yes, lottery and game show winnings are taxable. The provided text outlines the key points of how these winnings are taxed in India. Here is a breakdown of the rules based on that information. The Breakdown of Taxes on Winnings 1. A Flat 30% Tax Rate All winnings from games, lotteries, betting, and horse races … Read more