rate of tds on lottery winning is
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rate of tds on lottery winning is
website rate of tds on lottery winning is TDS Rate: The TDS rate for lottery winnings is 30% us 194B of the winning amount For game show rated slot 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
rate of tds on lottery winning is 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 The TDS applicable on winning from lotteries under Section 194B of Income Tax Act 1961 for 6 the Assessment Year 2018-19 is 30% As per section 194B tax need to be deducted at flat 30% plus cess of 4% at % Extract of Section 194B – “Winnings from lottery or