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Do I have to pay taxes on my winning

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Joydeep Sinha

Manager

26 Points Posted on 08 September 2023

Do I have to pay taxes on my winning from online betting platforms like 24kbet, 24kpremier, 24kmagic?

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Replies (3)

Quick Summary

This discussion addresses whether winnings from online betting platforms are taxable. The consensus is yes, you generally have to pay taxes on your winnings. The game provider may deduct Tax Deducted at Source (TDS), or you may be personally responsible for declaring and paying the tax on your earnings.