When you win above Rs.10,000 from a single contest, the tax of 31.2% will be deducted and the rest gets added as winnings. You will also receive a TDS certificate 3 months from the winning date with details of the deduction.
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- When will the winnings be distributed?
- How will I be informed if I win a Cash prize?
- How will I get my winnings into my bank account?
- What happens if there is a tie between winners of a multiple winner contest?
- How is the prize money distributed in case of multiple winners?
- If other users in the contest are at the same rank as me, how will the winnings be distributed?
- Does the amount in my Winnings Account have any expiry date?
- Why haven't I received my winnings in my Dream11 account balance yet?
- When will I receive my TDS certificate?
- Does any tax get deducted from my winnings?