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What is the tax on lottery winnings in India?
Apply the Tax Rate: Lottery winnings are taxed at a flat rate of 30%. To calculate the basic tax liability, multiply the total winnings by 0.30. Example: If you win ₹1 crore (₹1,00,00,000), the basic tax liability would be ₹1,00,00,000 × 0.30 = ₹30,00,000.11/09/2024
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By India Education Diary Bureau AdminLast updated Sep 12, 2024When you’re on the hunt for the best online casinos in Virginia, you want to make sure you’re not just jumping into any old game. Just like selecting a fine Virginia wine, you want the best quality, flavor, and experience. Here’s what you should keep an eye out for: Licensing and Regulation First and foremost, ensure that the online casino is fully licensed and regulated.
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