[User_1161c2e4]

U

User_1161c2e4
PARTICIPANT
February 8, 2025 at 8:30 pm

Firstly congrats

I too won a Gov. competition at 15, but didn’t have to pay any taxes
Rewards from the Government are not taxed
But I believe NPCI isn’t a gov. corp even though established by RBI

It’s not a lottery you won, but a hackathon that involved skills, so I believe the normal slabs should apply
And likely your annual income doesn’t exceed 12L, so there shouldn’t be any tax payable.

I doubt any TDS would be deducted. But it’ll still be your liability.

I’m not a CA or Lawyer and you should consult a good one.

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[User_1161c2e4]

U

User_1161c2e4
PARTICIPANT
February 2, 2025 at 12:52 pm

Should come under fair use
NAL

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[User_1161c2e4]

U

User_1161c2e4
PARTICIPANT
January 26, 2025 at 1:21 am

Bro it’s 7am, go sleep

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[User_1161c2e4]

U

User_1161c2e4
PARTICIPANT
January 21, 2025 at 5:13 pm

r/UsernameChecksOut

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[User_1161c2e4]

U

User_1161c2e4
PARTICIPANT
January 10, 2025 at 7:22 pm

Only 3k startups could claim that out of 150k recognised ones.

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