Joy Rummy TDS Policy
Joy Rummy’s TDS policy is in line with the Indian government’s TDS policy for online gaming. This policy states that a 30% TDS will be deducted on all winnings from online games, including rummy. This TDS will be deducted at the time of withdrawal, and the player will be issued a TDS certificate.
To understand Joy Rummy’s TDS policy better, here is an example:
- A player deposits ₹10,000 and wins ₹50,000.
- At the time of withdrawal, ₹15,000 (30% of ₹50,000) will be deducted as TDS.
- The player will receive the remaining ₹35,000 in their bank account.
- The player will also be issued a TDS certificate for ₹15,000.