5 Replies to “How much tax is deducted from lottery/quiz winnings in India?”

  1. TDS will be deducted at 30% on the winning amount plus Education Cess and SHEC @ 3% on the amount of Tax deducted. The maximum exemption limit is Rs 1,60,000/- for men, 1,90,000/- and 2,25,000/- for those who are above 65 years of age. Now suppose that your Total Income (including the lottery income) during the year is below Rs 1,60,000/- then no tax is to be paid.

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