Rummy Noble TDS Policy

The TDS policy of the Rummy Noble app states that 30% TDS will be deducted on all net winnings above ₹10,000 at the time of withdrawal. The net winnings are calculated by subtracting the total deposits made by the player from the total amount withdrawn.

Here is an example:

• A player deposits a total of ₹10,000 and withdraws ₹20,000.
• The net winnings are ₹10,000 (₹20,000 – ₹10,000).
• TDS of ₹3,000 (30% of ₹10,000) will be deducted from the withdrawal amount.
• The player will receive ₹17,000 in their bank account.

Here are some things to keep in mind about the Rummy Noble TDS policy:

• TDS is deducted at the source, which means that the Rummy Noble app will deduct the TDS amount on your behalf and deposit it with the government.
• You will receive a Form 16A from the Rummy Noble app if your TDS deduction exceeds ₹20,000 in a financial year.
• You can claim the TDS deducted by the Rummy Noble app in your income tax return.