GOVERNMENTTAXPOLICY

Government Tax Policy

 

Tax shall be deducted at source (TDS) at the rate of 30.9% under section 194B of the Income Tax Act, from the total winnings that any user becomes eligible to, through any Poker Tournament or Ring Games that the user plays on the Website, if and when such winnings exceed INR 10,000. FTRpoker is legally obligated and entitled to deduct this tax. The remaining amount after deduction of TDS will be credited to the User’s FTRpoker account.

You will be required to furnish your Permanent Account Number (PAN), issued to you by the Income Tax Authorities as and when asked. Withdrawal of funds/winnings from the User’s FTRpoker account will be permitted only after provision of valid and correct PAN details. If PAN details are found to be inconsistent during the verification process, FTRpoker reserves the right to cancel any prizes due to the concerned User. FTRpoker reserves the right to verify the PAN details of any User at any time.