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Foreign lottery tax in India refers to the taxation rules applied to winnings from international lotteries. According to Indian tax laws, any income earned from foreign lottery winnings is subject to tax under the Income Tax Act, 1961. This tax is typically levied at a flat rate of 30% on the total winnings, and it must be declared in the individual\“s income tax return. Additionally, if the winnings exceed a certain threshold, tax deducted at source （TDS） may apply. It is important for residents to understand these regulations to avoid penalties and ensure compliance with local tax authorities. |
