TDS on Freeroll tournament winnings
- There is NO TDS deducted as the winning amounts are less than 10,000 on Khelo365 (for the most part).
- Based on TDS (Tax Deduction at Source) rules for online card games winnings in India, 30% TDS should be deducted on any winnings above Rs. 10,000 in a single game.
- Khelo365 will usually not host any tournaments where any single winning transaction exceeds more than 10,000 chips. Incase we do, 30% TDS will be applicable on all winnings above 10,000 chips.
- In the rare case an event happens where in a player ends up winning a prize amount more than 10,000 which is eligible for TDS, such deductions will be made.