Lottery is legal in Punjab, and the government permits and organizes lotteries
Автор: one mad traveler
Загружено: 2025-03-03
Просмотров: 42065
Описание:
Lotteries in India are regulated at the state level, leading to variations in legality and operation across the country.
For example:
✅ Punjab – Lotteries are permitted and organized by the state government
❌ Haryana & Himachal Pradesh – Lotteries are banned
If you win a lottery in India, the winnings are subject to taxation:
💰 Flat tax rate of 30%
📈 Surcharges and cess may apply, increasing the total tax liability
In this video, we explain the state-wise legality, taxation rules, and what you need to know before participating in Indian lotteries.
📍 Location: India
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