According to the new Govt. Tax (TDS) law, effective 1st April 2023, TDS is deducted at 30% of your net winnings, at the time of withdrawal.
E.g, if you place a withdrawal of Rs. 100, an amount of Rs. 30 (i.e. 30% of Rs. 100) will be deducted as TDS and Rs. 70 will be credited to your verified bank account.
Please note: TDS is applicable only on the taxable amount.
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