The online rummy scene in India is booming. Multiple platforms are offering players exciting platforms to win big money. But most players are unaware of the tax rules affecting their winnings. While many Rummy apps provide thrilling gameplay and cash rewards, only a few platforms openly address the impact of GST and TDS on your earnings.
In this blog, we'll break down the tax policies on various Rummy apps in India and explain why Khiladi Adda stands out as the only platform offering a full 100% GST-TDS refund, directly into your wallet.
India’s online Rummy industry has experienced tremendous growth in recent years. The variety of real-money rummy games has attracted millions of players, making platforms like Khiladi Adda, Rummy Circle, Junglee Rummy, and more popular for daily gaming and high-stakes tournaments.
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 rummy gaming earnings.
However, with these winnings come tax implications. In 2023, changes to India’s taxation policies saw increased tax rates for gaming platforms. The 28% GST on entry fees and 30% TDS on winnings over ₹100 significantly reduce the amount players take home after a big win. As a result, it is crucial to understand these deductions and how different platforms handle them.
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 Rummy 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 Rummy gaming earnings:
Download App & Win up to ₹1 lakh daily: https://www.khiladiadda.com/
As the online Rummy industry continues to grow in 2024, understanding taxation is crucial for maximizing your earnings. Most Rummy apps like Rummy Circle, Junglee Rummy, and MPL follow strict tax policies with 28% GST and 30% TDS deductions. 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!
Download Khiladi Adda now and start playing your favourite Rummy games with no tax deductions.
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.