The online gaming industry in India has seen rapid growth, with Ludo being a fan favourite among gamers. Many platforms offer real-money rewards, but what often gets overlooked are the tax implications on your winnings. While numerous Ludo apps offer attractive gameplay and rewards, very few address the impact of GST and TDS on players’ earnings.
In this blog, we will dive into the tax policies of some of the leading Ludo gaming apps in India, such as Khiladi Adda, Zupee, Rush, MPL, Ludo Empire, PlayerzPot, and Gamezy. We’ll also highlight why Khiladi Adda stands out for offering a full 100% GST-TDS refund, giving players more reasons to choose this platform for Ludo gaming.
India’s online gaming industry has grown exponentially in recent years, including popular skill-based games like Ludo. Many players are drawn to these platforms with the opportunity to win real money. However, as players start earning, the taxman comes knocking with GST and TDS deductions on their winnings.
Last year, gaming associations such as the E-Gaming Federation (EGF) and the All India Gaming Federation (AIGF) raised concerns about the TDS regime implemented in April 2023. As a result, players need to understand the taxation policies that affect their Ludo gaming earnings.
Before we dive into the specifics, it's important to understand how GST (Goods and Services Tax) and TDS (Tax Deducted at Source) affect your gaming earnings:
Example of Online Gaming Tax: Suppose you enter a rummy contest with ₹500 entry fee and win ₹10,000. Typically, 28% GST will be deducted from the ₹500 entry fee, which amounts to ₹140. TDS will also apply to your winnings. In this case, 30% TDS will be deducted on ₹9,500 (₹10,000 - ₹500), which amounts to ₹2,850. Your total deductions would be ₹2,990, and you will only win ₹7,010.
But with Khiladi Adda, the GST and TDS amounting to ₹2,990 would be refunded to your wallet, so that you can win the full amount.
Khiladi Adda: Among the many Ludo platforms, Khiladi Adda is the only app offering a 100% GST-TDS refund. This means that not a single rupee is lost to taxes—every bit of your winnings is yours to keep. Here’s why Khiladi Adda is the best choice for maximizing your Ludo gaming earnings:
Download App & Win up to ₹1 lakh daily: https://www.khiladiadda.com/
In 2024, as online Ludo gaming continues to grow, understanding the tax implications is crucial for players. Most platforms, like Zupee, MPL, and Gamezy, deduct GST and TDS from winnings, which can significantly reduce your overall earnings. However, Khiladi Adda stands out by offering a 100% refund on both GST and TDS, allowing players to keep all their winnings.
For Rummy enthusiasts looking to maximize their rewards, Khiladi Adda is the top choice. Play, win, and enjoy every rupee without worrying about tax deductions!
If you're serious about maximizing your Ludo earnings and want to avoid tax deductions, Khiladi Adda is your platform. Download the app today, play your favorite games, and enjoy tax-free winnings!
This game may be habit-forming or financially risky. Play responsibly Khiladi Adda is applicable for people above 18 only. Participating in skill contests for real cash awards is permitted throughout India, except in certain States (Assam, Andhra Pradesh, Nagaland, Telangana, Sikkim, Odisha, and Meghalaya) that prohibit playing any games for real cash. Please review our Responsible Gaming policies to ensure a fun and safe gaming experience since real cash is involved to play these skill-based games.