Tax implications of online gaming under income tax & GST

Section 115BB of the Income Tax Act deals with the tax rate applied to casual incomes This article aims to provide a clear picture of the

Winnings from any online game shall be charged to tax under this section of the Income Tax Act, 1961 115BB

do senior citizens have to pay taxes on lottery winnings According to the Income Tax Act, any game winnings are considered income and are subject to tax at 30% under Section 115BB This includes the

16 tarikh actor khela INCOME TAX ACT SECTION 115BB TAX ON WINNINGS FROM LOTTERIES, CROSSWORD PUZZLES, RACES INCLUDING HORSE RACES, CARD GAMES AND OTHER GAMES OF ANY SORT OR GAMBLING