TDS Rates Chart - Check TDS Rates for FY 2022-23

tds on lottery income
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The TDS applicable on winning from lotteries under Section 194B of Income Tax Act 1961 for 6 the Assessment Year 2018-19 is 30%

TDS Rates Applicable for Resident of India for FY 2024-25 ; Section 194B: Income by way of lottery winnings, card games,

tds on winning from lottery Tax Deducted at Source ; Interest other than interest on securities, 194A, 10% ; Winnings from Lottery or crossword puzzles, 194B, 30%

tds on lottery Finance Act, 2023 has amended section 194B of the Income-tax Act relating to winnings from lottery or crossword puzzle etc and