WebMay 11, 2024 · Taxability of income from online games 4.1 Game of chance Any winnings from a game of chance are taxed at special rates under section 115BB. Income arising … WebJan 14, 2024 · States that have an income tax (and all but 9 states do) have their Tax Day either on April 17th or a few days after. In two states, Louisiana and Virginia, state income …
Winnings from Online games! Might have to pay higher tax
WebApr 4, 2024 · Online game tax is important to take into consideration when filing income tax. Check out the example below: For instance, Rajesh earns Rs. 2 lakhs as annual income and has also earned Rs. 30, 000 from online gaming. His income is below the basic exemption limit. i.e. 2.5 lakhs. in which sea is ship-trap island located
Tax on Online Gaming in India 2024- Fincash
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