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<h1>Income Tax Bill 2025 Clause 393(3) sets 2% TDS on lottery payments above Rs. 20,000 annually</h1> The Income Tax Bill 2025's Clause 393(3)[Table: S.No. 4] consolidates and modernizes TDS provisions for lottery-related payments, replacing Section 194G of the Income-tax Act 1961. The provision requires any person to deduct 2% tax on income exceeding Rs. 20,000 annually paid to individuals involved in stocking, distributing, purchasing, or selling lottery tickets through commission, remuneration, or prizes. Key features include broad coverage using 'by whatever name called,' anti-avoidance provisions for suspense accounts, and uniform compliance requirements. The provision maintains policy continuity while providing clearer structure and harmonized thresholds compared to the existing Section 194G framework.