What is the Tax for Lottery Winnings Prize in Kerala? TDS

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The odds of winning any prize in the Indian lotteries varies from 1 in 20 for the Rajshree lottery to 1 in 119 for the Kerala lottery with

While lotteries can offer the chance to win large sums of money, the odds of winning are typically very low Lotteries are designed to be games The current TDS rate on such winnings is 30%, with the total tax liability, including surcharge and cess, amounting to % Winning award

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