TDS Reporting for Financial Year 2024-2025

The Indian Financial Year 2024 / 2025 will come to an end on 31st March 2025. To ensure accurate reporting and compliance with Indian TDS requirements, the game client will be put under maintenance from 11:30 a.m. (1st April 2025) to 2:30 p.m. (1st April 2025) IST Time. This may impact your gameplay experience in the following ways:

1. Unable to Login

Kindly note that you will not be able to log into your account during this period of time.

2. Suspension of Cashier Page

We will be suspending any deposit / withdrawal requests one hour prior to the scheduled maintenance i.e. at 10:30 a.m. (1st April 2025) IST Time. As such, we encourage you to make your deposit and withdrawal requests prior to the stated time.

3. Closing Balance Capture

Your closing balance for the financial year end will be crucial for TDS reporting purposes. Therefore, we aim to finalize all deposits and withdrawals before the commencement of the maintenance process.

4. Cash Game Participation

If you are participating in any cash games prior to the scheduled maintenance, it will be necessary to conclude your gameplay session before 11:30 a.m. (1st April 2025) IST Time. Otherwise, you will be automatically logged out of your account upon commencement of the maintenance period.

5. Tournament Registrations

If you've pre-registered for any tournaments scheduled during the maintenance time, those registrations will be refunded to your account. You will need to re-register for these tournaments after the maintenance has been completed post-02:30 p.m. (1st April 2025) IST Time.

6. Ongoing Tournaments

If you are in an ongoing tournament when the maintenance begins, you will be logged out of your account and be blinded out. Hence, we highly recommend that you DO NOT play in any tournaments which take place or are expected to commence close to the maintenance time of 11:30 a.m. (1st April 2025) IST Time. This includes participation in satellites / tournaments where you would qualify for subsequent stages that take place / commence during the maintenance time. We will not be responsible for any losses incurred in this respect.

We apologize for any inconvenience these adjustments may cause and appreciate your understanding as we ensure compliance with regulatory requirements.

7. Balance Subjected to TDS

Your account balance will be subjected to TDS based on your net winnings during the fiscal year of 2024 to 2025 (1st April 2024 up to the maintenance period), and your player ledger will reset on 1st April 2025 post-maintenance.

Any losses incurred in the current fiscal year will be disregarded in the next fiscal year.

All amounts carried forward to the next fiscal year (1st April 2025 to 31st March 2026) will be regarded as deposits for TDS calculation purposes and will not be taxable based on prevailing Indian taxation laws.

We outline several illustrations of how the TDS calculation will be applied during the ledger reset process:-

Scenario A

Your total balance prior to maintenance is ₹10,000

Total deposited (inclusive of GST) is ₹1,000.

Net winnings are ₹9,000.

TDS will be applied at 30% on net winnings of ₹9,000. Amounts of ₹2,700 will be automatically deducted from your balance and remitted to the Indian tax authorities.

Your carry forward balance would be ₹7,300 and be treated as a Deposit in the next fiscal year on 1st April. This will not be subjected to any further GST.

Scenario B

Your total balance prior to maintenance is ₹10,000

Total deposited (inclusive of GST) is ₹20,000.

Net winnings are nil.

No TDS will be deducted in this case and your carry forward balance of ₹10,000 will be treated as a Deposit in the next fiscal year on 1st April. This will not be subjected to any further GST.

We apologize for any inconvenience these adjustments may cause and appreciate your understanding as we ensure compliance with regulatory requirements. Should you have any questions or concerns, please don't hesitate to reach out to our support team.

Terms & Conditions

  1. Players must be aged 18 and above to participate.
  2. Natural8 India reserves the right to investigate any players suspected of fraudulent activity, and take any necessary action. In the event of multi-accounting, bonus hunting, or foul play, Natural8 India reserves the right to forfeit any prize amounts that have been paid along with any remaining cash balances, without prior notice.
  3. Natural8 India reserves the right to cancel or modify this offer at any time without prior notice, and at its sole and absolute discretion.
  4. This promotion is subject to the terms and conditions of the Natural8 India website.
  5. Natural8 India is an advocate of safer gaming. If you feel you might have a problem, do seek further advice or counselling. Please also refer to our Responsible Gaming page.