Real money betting FAQs

Real money betting FAQs

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Live casino bonus FAQs

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Free spins casino FAQs

FAQs

FAQs

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 (₹10000000) the basic tax liability would be ₹10000000 × 0.30 = ₹3000000.11‏/09‏/2024

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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