TDS Policy

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MYCLOCK TECHNOLOGIES PRIVATE LIMITED

November 30, 2023
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Joy Rummy apk
Joy Rummy
Joy Rummy

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.
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