What is the tax on a 25 crore lottery in Kerala

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#109 : Bengaluru - 30 August 2025 at 10:31 pm

Lottery Tax in Kerala

As per Section 115BB, lottery winnings are taxed at a flat rate of 30%. As per Section 194B, the person responsible for paying lottery winnings has to deduct TDS at a flat rate of 30% at the time of payment if the winnings amount is more than Rs. 10,000.

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