TDS Policy

Rummy Guru APK

JUGADOR TECHNOLOGY PRIVATE LIMITED

November 29, 2023
reviews 3.6 rating 48 reviews
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withdrawal limit ₹ 200 Min. Withdrawal
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    Rummy Guru TDS Policy

    TDS Rules for Withdrawals:

    • TDS (Tax Deducted at Source) is applied when withdrawing funds.
    • TDS only applies to winnings, not deposits.
    • A 30% TDS rate is applied to net winnings.

     

    For Players:

    • If your net winnings exceed your total deposits for the financial year at the time of withdrawal, a 30% TDS is deducted from the withdrawal amount.
    • If your net winnings are less than your total deposit amount during withdrawal, there’s no TDS, unless the withdrawal exceeds your total deposits.

     

    Example 1:

    1. Total Deposits: 15,000
    2. Total Withdrawals: 7,000

     

    • No TDS for withdrawals up to 8,000.
    • 30% TDS on 2,000 for withdrawals over 8,000.
    • If TDS was deducted in a prior withdrawal and your net winnings fall below your total deposits, you can withdraw without TDS until your net winnings plus the TDS-paid amount.

     

    Example 2:

    1. Total Deposits: 50,000
    2. Total Withdrawals: 40,000
    3. TDS Paid: 6,000

     

    No TDS for withdrawals up to 30,000.

    30% TDS on 20,000 for withdrawals over 30,000.

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