TDS Policy
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Galactus Funware Technology Pvt Ltd

Updated: February 6, 2024
Published: February 6, 2024
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MPL Rummy
MPL Rummy
MPL Rummy

MPL Rummy TDS Policy

The TDS policy of the MPL Rummy app states that 30% TDS will be deducted on all net winnings above ₹10,000 at the time of withdrawal. 

 

Here is an example:

  • TDS of ₹3,000 (30% of ₹10,000) will be deducted from the withdrawal amount.
  • The player will receive ₹17,000 in their bank account.

 

Here are some things to keep in mind about the MPL Rummy TDS policy:

 

  • TDS is deducted at the source, which means that the MPL Rummy app will deduct the TDS amount on your behalf and deposit it with the government.
  • You will receive a Form 16A from the MPL Rummy app if your TDS deduction exceeds ₹20,000 in a financial year.
  • You can claim the TDS deducted by the MPL Rummy app in your income tax return.
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