TDS Rates Chart - Check TDS Rates for FY 2022-23

tds on lottery income   Dan tds on lottery income

Section 194G of the Income Tax Act of 1961 deals with Tax Deducted at Source on commission, salary, or prize money earned from the

TDS is applied on any income or overheads such as incentive , interests on fixed deposit from banks, lotteries, commission TDS Rates Applicable for Resident of India for FY 2024-25 ; Section 194B: Income by way of lottery winnings, card games,

chitzuru iwasaki Lottery wins are subject to a 30% TDS rate However, the TDS rate increases to % (including surcharge and TDS on prizes & winnings TDS under Section 194B is applicable on income from lottery, betting, gambling, etc If the income exceeds INR 10,000