TDS Policy

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MYCLOCK TECHNOLOGIES PRIVATE LIMITED

November 29, 2023
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    Joy Rummy apk
    Joy Rummy
    Joy Rummy

    Joy Rummy TDS Policy

    Joy Rummy’s TDS policy is in line with the Indian government’s TDS policy for online gaming. This policy states that a 30% TDS will be deducted on all winnings from online games, including rummy. This TDS will be deducted at the time of withdrawal, and the player will be issued a TDS certificate.

     

    To understand Joy Rummy’s TDS policy better, here is an example:

     

    • A player deposits ₹10,000 and wins ₹50,000.
    • At the time of withdrawal, ₹15,000 (30% of ₹50,000) will be deducted as TDS.
    • The player will receive the remaining ₹35,000 in their bank account.
    • The player will also be issued a TDS certificate for ₹15,000.
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