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generally speaking, if e-gaming winnings are considered taxable income, they may be subject to tax at the prevailing rates. In India, there is a system of tax deducted at source (TDS) under which a specified percentage of the income is deducted at the source of payment and remitted to the government. If the government has announced that all e-gaming winnings will attract a 30% TDS, this means that 30% of the winnings will be deducted by the entity making the payment and remitted to the government as tax. It is advisable to consult with a tax professional or financial advisor to understand the specific implications of this policy on e-gaming winnings in India.
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