Your 30% TDS will be paid by us this means Vision11 platform is now TDS free.
On Other Apps: If you withdraw ₹1000 and you have 30% Tax liability, you will get ₹700 in your respective bank account and the remaining ₹300 will be paid to the government as 30% TDS tax.
Suppose you have net profit of ₹1000 by playing a contest on Vision11 and you want to withdraw it. So when you withdraw ₹1000 and you have 30% tax liability, you will get ₹700 in your bank account & 30% (₹300) TDS tax will be paid by Vision11 to the government, but also You will also get additional ₹300 in your Discount Points Value.
This is how it will work. This means that if you are under tax deduction obligation then Vision11 is offering you an extra 30% to your Discount Points Value which you can use to enter the competition.
The Extra 30% TDS amount provided to you in your Discount Points Value will automatically expire if you do not utilize it within 90 Days.
Vision11 reserves the right to edit or terminate this offer at any time without prior notice.