I KERALA STATE LOTTERIES REVISED PRIZE STRUCTURE OF

lottery prize tax   Dan lottery club apk

Levying a 30 percent tax on small prizes would drastically affect the lottery in the State The lottery scheme is already undergoing a severe

That is unless your regular household income already places you in the top tax bracket prior to winning In that case, all of it is taxed at 37% This can be Lottery tax in Kerala, including cess and surcharge, stands at % So the Kerala lottery tax rate will be % of Rs 1 crore, that is, Rs

8_00 p.m. lottery sambad How do I calculate lottery lump sum after taxes? · Check how much the lump sum payout differs from the advertised lottery prize 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