- #KBC ONLINE GAME HOW TO#
- #KBC ONLINE GAME REGISTRATION#
- #KBC ONLINE GAME PC#
- #KBC ONLINE GAME DOWNLOAD#
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#KBC ONLINE GAME PC#
#KBC ONLINE GAME HOW TO#
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#KBC ONLINE GAME REGISTRATION#
You need to do one time registration with the process and that would start your play. So wanted virtually to be on KBC and get that feel? You can get started at Play Virtual KBC Online. You need to be registered to play the game online for free. You have 4 possible answers, 30 seconds timer and you would also be provided with 4 lifelines to help you win 1 crore. You will be asked 12 questions to make a millionaire. KBC online game is just like the normal interface game. Kaun Banega Crorepati is revamped a little by adding 12 questions instead of normal 15 and this game does the same. This offers a chance to win Rs 1 crore through the game virtually just like the normal game.
#KBC ONLINE GAME DOWNLOAD#
Kaun Banega Crorepati game is also available for download and you can play this games if you would like to enjoy being on hot seat. Amitabh Bachchan is a famous personality in Bollywood and is known with the name “Big B” and the KBC is incomplete without him. Amitabh Bachchan is in the part 4 and its already a hit in India. If you have any query regarding “Tax on KBC, Online Games, Lottery and Shows” then please post your query via below comment box….Who Wants to be a millionaire inspired Indian version “Kaun Banega Crorepati” is hosted by Mr. 70 lakhs after deducted of tax Rs.30 lakhs. 1 crore in a game show, you will receive net Rs. Section 194B of Income Tax Act, 1961, says that if the prize money is more than Rs10000 then TDS shall be deducted. TDS on Prize won :Īs per section 194B of Income Tax Act, 1961, if the prize money is not in cash but in kind or partly in cash or party in kind then the receiver of the prize is required to deposit the tax calculated 30% of the aggregate value of the prize. Must Read – Calculation and Taxability of House Rent Allowance (HRA) Basic exemption limit ?Įven in a situation where an assessee has no source of income at all and his prize money from a lottery or a game show is only Rs 1,00,000, tax of Rs 30,900 would still be levied on the same, since no basic tax exemption or any allowance or deduction are eligible for set-off against such winnings. In fact,considering the levy of 3% education cess on theamount of income-tax, the effective tax rate would work out to 30.9%.
Section 115BB of the Income-tax Act, under the chapter ‘Determination of Tax in certain Special Cases,’ prescribes income-tax at the flat rate of 30% on all incomes by way of winnings from lottery or crossword puzzle or race including horse race or card game and other game of any sort or from gambling or betting of any form or nature whatsoever. Must Read – Systematic Investment Plan (SIP) Taxability of income : It includes any game show, an entertainment show on television or electronic media, in which people compete to win prizes or any other similar rewards. Lottery includes winnings from prizes awarded to any person by draw of lots or by chance or in any other manner what so ever, under any scheme or arrangements by whatever name it is called. Must Read – National Savings Certificate (NSC) Tax on Lottery : An explanation was added to section 2(24)(ix) to define the term lottery and games as under: As per the amendment brought by Finance Act 2001 ,the definition of income include card game and other game of any sort in its definition.
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