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Income Tax Implications Of Winning In Online Games News Today : Breaking News, Live Updates & Top Stories | Vimarsana

amazon india: Income tax payable on winnings from online, offline games of chance

E-commerce websites like Amazon, CRED, others oftentimes runs free to play gaming contests like spin-the-wheel and others. For the purpose of income tax these games are a game of chance and are taxed at flat 30% rate plus cess, etc. Nonetheless there are some things to consider if an individual has won prizes by playing similar offline or online games.

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