Tax will be deducted on Net Winnings at the time of withdrawal or on 31st March (i.e. at the end of the Financial Year). If tax is deducted on positive Net Winnings on withdrawals, tax will not be deducted again on the same Net Winnings on 31st March.
Rs. 100 is the minimum amount you can withdraw.
Starting April 1st, 2023, the Indian Government has put new tax laws in place for online gaming apps. These platforms are now required to deduct tax at source (“TDS”) from a player's winnings when they withdraw their money or at the end of the financial year. The tax is 30% of the net winnings, which is the difference between all the money won and the entry fee paid by the player.
Relax, we're here for you. There might be a delay & can take upto 72 working hrs for the amount to get credited to your verified bank account.
You have a specified number of instant withdrawals available everyday along with an unlimited number of normal withdrawals. The processing time for a withdrawal is mentioned on the withdrawal page. Please log in to check the withdrawal processing time.
Once we process your withdrawal, you will receive an email notification.
To be eligible for withdrawals, your account must be KYC and PAN verified. To know how you can get your account KYC verified.
If you are a cash player on PokerCircle, your cash account balance is divided into three Accounts - Deposit Account, Withdrawable Accounts, and Promo cash wallet.
A) Deposit Balance: The amount that you add to PokerCircle, is reflected here. 28% GST would be applicable on this balance.
B) Withdrawable Balance: The amount that you win on PokerCircle (cash winnings), is added here. GST is not applicable to this amount.
C) Promo Cash: The amount you get due to all cash offers is added here. It includes all the Cashback, Instant Cash, Bonus & Reward Points converted to cash.
You can place unlimited withdrawals in a day. However, there are certain restrictions on the amount per transaction. Please log in and refer to the withdrawal page for more details.
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