How much tax on bet365 in india?

How much tax on bet365 in india?

How much tax on bet365 in india?

If the prize money exceeds Rs 10,000 it is liable for a TDS deduction @ 30%. It does not matter if the income falls under the limits of the tax table or not. If the amount exceeds INR10,000 the distributor is liable to deduct tax at the time of payment.

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  • 2023-12-07 13:18:58
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How much tax is deducted from 1 million in india?
If you make ₹ 1,000,000 a year living in India, you will be taxed ₹ 238,335. That means that your net pay will be ₹ 761,665 per year, or ₹ 63,472 per month. Your average tax rate is 23.8% and your marginal tax rate is 36.8%.
2024-02-17 01:07:21


How long does bet365 take to verify kyc in india?
We aim to review all documents within 48 hours. Occasionally, due to high volumes, there may be a delay in reviewing any documents sent in by email. Please rest assured that we will review your documents as soon as possible and once the review is complete we will notify you via email.
2024-02-04 00:41:53


Is india a low tax country?
The maximum tax rate in India is almost at par with other countries across the world. However, the basic exemption limits, deductions, rebates, etc., vary for each country. The brunt of personal tax rates is a direct cost hit to an individual's income.
2023-05-12 06:12:36


How much is the tax on gaming in india?
As per this section, the amount of income tax calculated on net winnings from online games during the previous year will be charged at the rate of 30%.
2023-03-26 22:34:35

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