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        Bills

        Section 194G - Commission, etc., on sale of lottery tickets.

        1 February, 2025

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        Union Budget 2025-26 (Full) + Finance Bill, 2025

        Section 194G - Commission, etc., on sale of lottery tickets.

        Section 194G of the Act requires that any person who is responsible for paying, to any person, who is or has been stocking, distributing, purchasing or selling lottery tickets, any income by way of commission, remuneration or prize (by whatever name called) on such tickets in an amount exceeding Rs. 15,000/- shall, deduct income-tax thereon at the rate of two per cent.

        2. It is proposed to increase this threshold amount for requirement of deduction of tax at source under this section from Rs. 15,000/- to Rs. 20,000/-.

        3. This amendment will take effect from the 1st day of April 2025.

        [Clause 57]

         

        Full Text:

        Union Budget 2025-26 (Full) + Finance Bill, 2025

        TDS on lottery commissions: threshold raised, reducing instances of deduction at source; new rule effective next fiscal year. Amendment to Section 194G raises the monetary threshold that triggers a two percent TDS obligation on commission, remuneration or prize payments to persons engaged in stocking, distributing, purchasing or selling lottery tickets, thereby reducing instances where tax must be deducted at source. The two percent deduction rate remains unchanged, and the amendment takes effect from the commencement of the next fiscal year.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              TDS on lottery commissions: threshold raised, reducing instances of deduction at source; new rule effective next fiscal year.

                              Amendment to Section 194G raises the monetary threshold that triggers a two percent TDS obligation on commission, remuneration or prize payments to persons engaged in stocking, distributing, purchasing or selling lottery tickets, thereby reducing instances where tax must be deducted at source. The two percent deduction rate remains unchanged, and the amendment takes effect from the commencement of the next fiscal year.


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