Won big lottery prize? Submit ticket, pocket money within three days

Won big lottery prize? Submit ticket, pocket money within three days kerala lottery prize tax The winnings are subject to a flat tax rate of 30% without any deductions The tax is usually deducted at kerala lottery result prediction tomorrow All the winners of Kerala Lottery must note down that a 10 percent agent lottery commission and a 30 percent lottery tax deduction is applicable

kerala lottery result prediction tomorrow Tax on lottery winnings in India is a mystery! How Much Money Does A Kerala Lottery Winner

kerala lottery ak 660 Amounts won from a game show or lottery are taxable under Section 56 of the Income Tax Act, 1961 According to Section 194B winnings from lotteries, Kerala Bank Winners of all prizes should surrender the tickets within 30 days Income tax of 30% is deducted on all prizes above Rs 10,000