TDS Policy

Rummy Culture APK

Gameskraft Technologies Pvt Ltd

November 29, 2023
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download 28 MB 6 M installs
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    Rummy culture apk
    Rummy culture apk
    Rummy culture apk

    Rummy Culture TDS Policy

    The TDS policy for online rummy games on RummyCulture is as follows:

     

    • TDS is applicable on net winnings, which is the difference between total withdrawals and total deposits in a financial year.
    • The TDS rate is 30%.
    • TDS is deducted at the time of withdrawal and at the end of the financial year on the remaining balance of net winnings.
    • If the net winnings in a financial year are less than ₹10,000, no TDS is deducted.
    • TDS is deducted even if the player has already paid TDS on the same winnings in an earlier withdrawal.
    • The player can claim a refund of excess TDS during their annual income tax filing.

     

    To claim a refund of excess TDS, the player must submit a TDS refund application form to RummyCulture along with the following documents:

     

    • PAN card
    • Income tax return for the relevant financial year
    • Copy of the TDS certificate issued by RummyCulture

     

    The TDS refund application form can be downloaded from the RummyCulture website.

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