Kerala man who won Rs 12 crore lottery was on verge of his home

website kerala lottery prize tax The prize money will be handed over to the winners after reducing the income tax Kerala Kaumudi Online Thursday, 18 July 2024 PM kerala lottery kr660 result kerala jackpot · sambad dear lottery · Kerala lottery Chart · Dear lottery Yes, lottery winnings are taxable under the Indian Income Tax Act For large

kerala lottery prize tax As of now, an Income tax of 30% will be deducted for all the prize winning claims exceeding Rs 5000- For the agents prize claims an amount equivalent to 10%  The prize money is computed after deduction of taxes and commission for the agency and the ticket seller The lotteries department of the state  There will be a deduction of 10% on the total prize money as commission for the lottery agent, followed by a 30% income tax cut by the state

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