TDS Policy
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Updated: December 19, 2023
Published: December 19, 2023
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Rummy Circle TDS Policy

  • TDS: The government of India mandates that all online gaming platforms deduct 1% TDS on all earnings above INR 10,000. RummyCircle complies with this regulation and deducts TDS from all winnings that exceed INR 10,000. The TDS amount is then deposited with the government on behalf of the winner.
  • The company is legally obligated to deduct TDS on winnings in accordance with the law.
  • You will need to provide your PAN to facilitate the deduction of tax.
  • The TDS rate is 30%, or such other rate as may be prescribed by law.
  • TDS will be deducted at the time of withdrawal of winnings, or at the end of the financial year.
  • Withdrawal of winnings will only be permitted upon providing your PAN details.
  • The company is not responsible for your individual tax matters.
  • You will be responsible for paying the TDS on any winnings.
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