What is TDS on online gaming (Section 194BA)?
Nexa Consultancy | Startup & Finance Glossary
A new provision requires online gaming platforms to deduct TDS at 30% on the "net winnings" of a user at the time of withdrawal or at the end of the financial year.
Startup Example: A real-money gaming startup must implement a system to track each user's net winnings and correctly deduct and deposit TDS before processing any withdrawals. This is a complex technical and compliance challenge.
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