Latest TDS Rate Chart for FY 2024-25

tds on winning from lottery
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194B Winnings of lotteries, puzzles, or games Aggregate of ₹ 10,000 ; 194BA Winnings from online Games - ; 194BB Winnings of horse races ₹ 10,000 ; 194C

As per section 194BA, TDS shall be deducted at the rate of 30% on the net winnings from any online gaming When to deduct TDS TDS shall be

tds on lottery Winnings from lottery, cross word puzzle, card game or other game of any sort Winnings from Horse races Contracts Rs

tds on lottery income TDS should be deducted only if the winning amount exceeds INR 10,000 The Deductor should deposit the TDS with the government and file a TDS Return on TRACES