Friday, July 3, 2020

New Tax Reform in India for Lotteries, Game Shows, Betting and Racing

For many years, India had a dual tax rate for what can be unofficially categorized as a game tax for prize money. If a person receives money from winning the lottery, for example, this person needs to be taxed. The same goes for any money derived from participating in game shows on TV, puzzle or […]

from Taxscan | Simplifying Tax Laws https://ift.tt/31HJxba

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