TDS Policy
Rummy Wealth APK Download | Live Rummy Cash Games

Ashenfallous Technologies Private Limited

Updated: May 27, 2024
Published: May 27, 2024
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Rummy Wealth TDS Policy

The Rummy Wealthapk is legal to use in India, and it is regulated by the Gaming Commission of India. However, it is important to note that there are some TDS implications associated with winning money on the Rummy wealth apk.

Under Indian law, TDS (Tax Deducted at Source) is deducted at a rate of 30% on all winnings from online rummy games. This means that if you win ₹10,000 on the Rummy Wealth app, ₹3,000 will be deducted as TDS and you will only receive ₹7,000.

 

  • TDS is only deducted on winnings above ₹10,000.
  • TDS is not deducted on losses.
  • You can claim a refund of the TDS deducted if your total income is below the taxable limit.
  • You can file a TDS return online to claim a refund of the TDS deducted.
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