Reddy Book Understanding TDS on Betting Winnings Guide in 2026
Reddy Book Online betting in India is growing rapidly. Reddy Book Cricket leagues, football matches, and casino games attract thousands of players daily. With increasing winnings comes tax responsibility. In 2026, TDS rules on betting income are strict and clearly defined. Every Indian player must understand them. What Is TDS on Betting Winnings? TDS stands for Tax Deducted at Source. It means tax is deducted before your winnings are credited to your bank account. You receive the balance amount after deduction. As per 2026 tax rules, a flat 30 per cent tax applies to net winnings from online betting and gaming. This rule applies to platforms like Reddybook and other regulated betting websites. Tax Rate Structure in 2026 The tax structure for betting income is straightforward. Key points include: Flat 30 per cent tax on net winnings No benefit of the basic exemption limit No deduction of expenses No adjustment of betting losses A PAN card is mandatory Even small profits are taxed at t...