TDS stands for tax deducted at source, it is a type of tax that an employer, entity, organisation or company deducts from an individual when paying them their salary, compensation, rent, prize money, etc.
In poker, any player’s earnings from tournaments or other promotions will be subject to this taxation, with a 31.2% charge applied to these profits. The Finance Act of 2019 currently governs TDS in poker, which encompasses poker and other online games under Section 194B of the Income Tax Act of 1961.
Under the new TDS policy, any winning, even if it is only ₹1, is subject to a 30% TDS deduction. But wait a minute! Big Cash Poker returns this TDS to a user’s bonus wallet, from which he/she can play and win more.
What if you win a game of poker and don’t have to pay TDS? Doesn’t this sound interesting? Yes, it most certainly is. Big Cash Poker has prepared an incredible deal that will develop your appetite for poker even further.
On one side, where most online gaming platforms charge TDS on your winnings, Big Cash Poker will put you at ease. If you play your favourite poker game on this platform and win significantly, TDS will deduct on your net winnings but it will be refunded in your Big Cash bonus wallet.
The game of online poker on Big Cash will go on like ‘more money, more savings’. In any game, if you win a sum from which the TDS is deducted, you will receive a full refund of that deducted amount in your ‘bonus wallet’ section on Big Cash Poker.
ALSO READ: Big Cash Poker Pe Aao, Apni Skills Ka Jalwa Dikhao
Big Cash Poker will offer this TDS refund offer to all its players without any conditions. Players, you now have the freedom to use the TDS bonus in playing more games and win more money only on Big Cash.
Besides poker, this gaming site has over 20 different games to offer, such as rummy, 8-ball pool, casual games, and fantasy games. With over 3 Crore genuine users, the site is RNG certified and AIGF member, ensuring there is no fraud. Players can also get 100% extra cash bonus on their first deposit.
As a part of the sign-up bonus, you can receive ₹50 in instant cash. Just remember to sign up on Big Cash Poker via Gutshot Magazine to take advantage of this deal.
So, what are you waiting for? Register on Big Cash Poker via Gutshot Magazine and get started with big savings. This May, save a lot of TDS with Big Cash Poker! Now is the time to sign up.
For more news and the latest updates in poker, keep reading Gutshot Magazine. Follow us on Facebook, Instagram, Twitter, and Telegram.
A young and passionate writer with a postgraduate degree in Radio and Television Journalism from the Indian Institute of Mass Communication, Kumar Shubham works as an Executive Content Writer for Gutshot Magazine and enjoys watching movies, making short films, and doing voice overs.
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