TDS Policy

Rummy Baazi APK

RummyBaazi

November 29, 2023
reviews 4.9 rating 20 reviews
download 69 MB 1k+ installs
signup bonus ₹ 51 signup bonus
withdrawal limit ₹ 100 Min. Withdrawal
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    100% deposit bonus of up to ₹10,000 on your first deposit
    Rummy Baazi
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    Rummy Baazi TDS Policy

    • TDS Deduction: TDS (Tax Deducted at Source) will be deducted at the time of withdrawal.
    • Tax on Winnings: TDS is applicable only on winnings, not deposits.
    • 30% TDS on Net Winnings: If a player’s net winnings in a financial year exceed INR 10,000, a 30% TDS applies.
    • Transaction Fee: A 10% transaction fee is deducted from withdrawn deposit balances.
    • Commission TDS: 5% TDS applies to commission, which can be transferred to CardBaazi balance.

     

    Implications for Players:

    • If net winnings during withdrawal exceed INR 10,000, 30% TDS is deducted on the entire withdrawn amount.
    • If net winnings are below INR 10,000, no TDS applies unless it pushes net winnings above INR 10,000.
    • If TDS was deducted earlier but net winnings fall below INR 10,000, withdrawals can be made without TDS until reaching 10,000 INR in net winnings again.

     

    TDS Policy for Commission Balance:

    5% TDS applies when redeeming Real Cash Chips through CashBack or Loyalty Program, but can be transferred to CardBaazi balance without TDS if preferred.

     

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