TDS Policy

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November 29, 2023
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    Rummy East TDS Policy

    TDS Policy of Rummy East App

    The Rummy East App follows a strict TDS policy in accordance with the Indian government’s regulations. TDS stands for Tax Deducted at Source, and it is a system of tax collection in which the tax is deducted at the source of income, rather than being paid by the taxpayer directly.

    TDS Rate on Rummy Winnings

    The TDS rate on rummy winnings in India is 30%. This means that if your net winnings (total winnings minus total losses) in a financial year exceed ₹10,000, then 30% of your net winnings will be deducted as TDS by the Rummy East App.

    When is TDS Deducted?

    TDS is deducted by the Rummy East App at the time of withdrawal. This means that when you request to withdraw your winnings, the Rummy East App will deduct 30% of your net winnings as TDS and deposit the remaining amount into your bank account.

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