TAX DEDUCTED AT SOURCE
Benjamin Franklin said, “In life there are only two things certain; Death and Taxes”
The Indian Income Tax Act defines winnings above ₹ 10,000 in a given financial year to be taxed at source before repatriation of winnings. Keeping this in mind, winnings above ₹10,000 are subject to TDS. We comply with all Governmental Laws and deposit TDS into your account through Permanent Account Number (PAN).