TDS on Betting Winnings Explained — How Much Is Deducted and Can You Get It Back?
Money deducted from your winnings before you even see them in your bank account is frustrating. You win a bet fair and square. You expect to receive the full amount. Then you check your withdrawal and find that a significant chunk has disappeared. That chunk is called Tax Deducted at Source, or TDS. This article explains exactly how TDS works for betting winnings in India, how much gets...
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