TDS Policy
Gamezy APK


Published: December 19, 2023
Updated: December 19, 2023
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Gamezy TDS Policy

  • Tax Deduction at Source (TDS) will be levied on all Net Winnings.
  • Net Winnings = Total Withdrawals – Total Deposits in a financial year.
  • TDS will be levied at the rate of 30% on Net Winnings at the time of Withdrawal and at the end of a Financial Year.
  • The TDS policy, limits and rates are subject to change as per the applicable laws.
  • Gamezy reserves the right to modify/amend the TDS policy as per applicable laws.
  • Gamezy’s obligation is limited to deducting TDS as required by applicable law and providing you with an appropriate certificate of tax deduction.
  • Gamezy reserves the right to verify your PAN from time to time and to cancel any prize should your PAN be found inconsistent in their KYC verification process.
  • Gamezy shall have no liability or responsibility in connection with your personal taxation matters.
  • Gamezy may verify your PAN from time to time to ensure that it is consistent with their records.
  • If your PAN is found to be inconsistent, Gamezy may cancel any prize that you have won.
  • Gamezy is not responsible for your personal taxation matters. You should consult with a tax advisor to ensure that you are complying with all applicable tax laws.
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