If you’re someone who enjoys playing rummy games online for cash, you will love Taj Rummy’s instant cash withdrawal feature. Taj Rummy is, hands down, one of India’s best rummy apps, and a major advantage of playing rummy on our platform is the ability to withdraw your winnings instantly.
When you win a cash game, you don’t have to wait days to receive your winnings. Instead, you can withdraw your cash immediately after the game, and the money will be credited to your bank account. This is known as an “immediate” or “instant withdrawal.”
As a new player, you can enjoy tons of free practice games without depositing any money. However, when you deposit money to play rummy games for cash, you can be assured of playing in a secure and legit environment.
To sign up and play online cash rummy games, all you need to do is download and install this real money rummy app and register with your phone number.
Availing instant withdrawals from this rummy app is just as smooth and easy as depositing cash in your rummy accounts. The process is very simple, and to be eligible for withdrawals, you will need to first ensure that the following two criteria are met:
Requesting and receiving withdrawals from your Taj Rummy account is super quick and easy.
You may choose to withdraw either into your UPI account or have it transferred directly into your bank account depending on the KYC verified details you have shared safely with us. The Withdrawal request must be placed from the lobby when you’re signed into your Taj Rummy account for it to be processed and a payout to be initiated.
Instant Withdrawals take a maximum of 30 seconds since the time you make the Payout Request and Payout Initiation. Manual Withdrawals take 2-5 working days end to end.
From 1 April'23, the Income Tax department introduced a new TDS section, 194BA, for Winnings from online games.
The net winnings are calculated when you place a request for withdrawal (or on the closing balance at year-end). TDS is calculated at 30% of the net winnings comprising the Withdrawal/Closing Balance at year-end.
The TDS will be deducted at the time of withdrawal and the year's end. The Financial Year (FY) is from 1st April to 31st March every year. Your deposit and withdrawal ledger will become 0 at 00:00 hours on the 1st of April of every financial year. Net winnings = [Total withdrawals in FY - (Total deposits in FY + Net winnings which have incurred TDS during the FY + Opening balance as of 1st April 00:00 hours)]. If your net winnings at the time of making a withdrawal are positive (greater than 0), 30% TDS will be applicable on any withdrawn amount.
Let us understand with a few examples:
On 1st April, you have Rs. 7,000 in your winnings balance and Rs. 8,000 in your deposit balance. Now you want to withdraw Rs. 7,000 on 3rd April. In such a situation, no TDS will be applied. The calculation will be as follows:
| Total withdrawals in FY | Rs. 7,000 |
| Total deposits in FY | Rs. 0 |
| Opening deposit balance | Rs. 8,000 |
| Net winnings | Rs. 7,000 - Rs. 8,000 = Rs. -1,000 |
| Net winnings that have incurred TDS in FY | Rs. 0 |
| TDS @ 30% on net winnings | Rs. 0 |
Now, consider that you deposit Rs. 3,000 in the current FY. Your opening deposit balance was Rs. 8,000, and you have already withdrawn Rs. 7,000. Now you want to withdraw Rs. 5,000 more. The calculation will be as follows:
| Total withdrawals in FY | Rs. 7,000 + Rs. 5,000 = Rs. 12,000 |
| Total deposits in FY | Rs. 3,000 |
| Opening deposit balance | Rs. 8,000 |
| Net winnings | Rs. 12,000 – (Rs. 8,000 + Rs. 3,000) = Rs. 1,000 |
| Net winnings that have incurred TDS in FY | Rs. 0 |
| TDS @ 30% on net winnings | Rs. 300 |
In the above case, you could have withdrawn Rs. 4,000 without tax instead of Rs. 5,000. However, since you are withdrawing Rs. 5,000, Rs. 300 will be deducted from the remaining Rs. 1,000, and you will receive Rs. 4,700 in your bank account.
If TDS has been applied to your previous withdrawals, then no TDS is applicable on withdrawals till your net winnings exceed the amount for which you have already paid TDS.
| Total withdrawals in FY | Rs. 20,000 |
| Total deposits in FY | Rs. 6,000 |
| Opening deposit balance | Rs. 8,000 |
| Net winnings | Rs. 20,000 – (Rs. 8,000 + Rs. 6,000) = Rs. 6,000 |
| Net winnings that have incurred TDS in FY | Rs. 6,000 |
| TDS @ 30% on net winnings | Rs. 0 |
If you try to withdraw Rs. 5,500, no TDS will be deducted. You can withdraw up to Rs. 6,000 without any TDS.
However, if you wish to withdraw Rs. 10,000, TDS will be charged on the remaining Rs. 4,000 @ 30%, which is Rs. 1,200. Post this, you will receive Rs. 8,800 in your bank account.
The new amendment in TDS on gaming platforms has actually simplified the process. The computation is processed the same as any income tax, except that the TDS levied on winnings from online gaming is 30 percent.
As players will be paying TDS on withdrawals throughout the year and the final TDS for the financial year will be assessed at 23:59 on 31st March, depending on the total amount remaining in the players’ accounts, some further deduction may need to be made minus the deposit amounts.
If any excess TDS has been deducted, then players may need to file an ITR request for Claims, and the total TDS deducted can be adjusted against the winnings liable for tax plus deposits.
As required by income tax laws, all winnings are required to be reported by players under the heading of ‘Income from other sources’ while filing their income tax returns (ITR) for the financial year.
We deduct TDS during the withdrawal process (through the year or at the end of the year) and deposit it with the government. For this reason, players are required to provide their PAN Card and the linked Aadhar Card. The TDS deduction details can be seen in every player’s individual 26AS on the IT website, which is updated quarterly.
You may place an unlimited number of Instant or Manual Withdrawal requests per day with the maximum amount per request (both Instant/ Auto and Manual) varying as per the Loyalty Club you are currently in:
| Coral | Sapphire | Ruby | Emerald | Diamond | |
|---|---|---|---|---|---|
| Total Withdrawals allowed Per Day | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited |
| Instant Withdrawals Requests Per Day | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited |
| Max Amount Per Request(Auto + Manual) | 10,000 | 10,000 | 25,000 | 50,000 | 50,000 |
| Instant Withdrawal Amount Per Day | 10,000 | 10,000 | 25,000 | 50,000 | 50,000 |
Per month, you may request up to two (2) withdrawals for free, post which a nominal fee (₹25) will be applied per withdrawal.
At Taj Rummy, we believe in making your gaming experience as smooth as possible. That’s why we offer instant cash withdrawals, ensuring you get your winnings quickly and hassle-free. Here’s what makes our instant withdrawal feature stand out:
Quick Access to Winnings: With instant cash withdrawals, players can access their winnings immediately, ensuring a seamless and timely payout experience.
Flexibility and Control: Players have the flexibility to withdraw funds at their convenience, empowering them to manage their finances effectively.
Enhanced Player Satisfaction: Instant withdrawals contribute to a positive gaming experience, providing players with confidence and reliability in their transactions.
Secure Transactions: Our withdrawal process is secure and reliable, adhering to stringent security measures to safeguard players’ financial transactions.
Experience the convenience and efficiency of instant cash withdrawals at Taj Rummy, designed to enhance your gaming experience and provide peace of mind.
No, Taj Rummy does not charge any hidden fees for cash withdrawals.
Withdrawal delays may occur due to bank processing times; contact customer support for assistance.
If you place a withdrawal request on a bank holiday, you will receive your money the next working day.
No, withdrawals must be made using your own bank account or UPI details.
Taj Rummy is highly recommended for its secure and instant cash withdrawal feature.
The number of daily withdrawals may be limited; check Taj Rummy's terms and conditions for details.
The withdrawal limit may vary; refer to Taj Rummy's guidelines for the specific amount.
The withdrawal limit may vary; refer to Taj Rummy's guidelines for the specific amount.
Yes, most real cash rummy apps, including Taj Rummy, allow you to withdraw your winnings directly to your bank account. Simply navigate to the withdrawal section, select your preferred withdrawal method, and initiate the transaction.
Absolutely! Real cash rummy games offer players the opportunity to win actual money by competing in games and tournaments. Apps like Taj Rummy let you play with real stakes and withdraw your winnings securely.
To ensure safety and reliability, it’s essential to choose established rummy platforms with a strong reputation. Taj Rummy is one such trusted app, offering secure transactions, fair gameplay, and a legitimate real money withdrawal system.
Yes, cash withdrawals on legitimate rummy platforms like Taj Rummy are safe. They use encrypted transactions and trusted payment gateways to protect your personal and financial information during the withdrawal process.
At Taj Rummy, the withdrawal limit depends on your account verification and the payment method you choose. Players can typically withdraw amounts ranging from INR 100 to INR 10,000 or more per transaction.
The withdrawal process at Taj Rummy usually takes 24 to 72 hours, depending on the payment method selected and whether your account has been fully verified.
The minimum withdrawal amount at Taj Rummy is typically INR 100. Make sure your account meets the necessary requirements before initiating a withdrawal request.
For the ultimate rummy experience, our support team at Taj Rummy is available 24/7. If you have any concerns or issues, reach out to us using your registered email ID at support@tajrummy.com, and our dedicated representatives will promptly assist you.
Disclaimer: This game may become habit-forming or involve financial risks. Please play responsibly.
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