What is Tax on Kerala Lottery Prize Money?

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Taxes on Multi-State Lottery Wins The same tax liability still applies, even if the winnings are multi-state or regardless of the residency of the winner

Winnings may be money, items or other benefits of a monetary value Example: A company organises a lottery on Facebook, with a prize being drawn Q: Are lottery prizes subject to taxation? A: Effective August 13th 2018, lottery winnings are subject to taxation ; Q: What is the rate of tax? A: Ten percent

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