Government Tax Policy
Gladiator TDS Free Withdrawals:
- Withdraw up to 15 Lac every month
- 4.5 Lac in deducted TDS will be credited to your account as Bonus Money
Elite TDS Free Withdrawals:
- Withdraw up to 30 Lac every month
- 9 Lac in deducted TDS will be credited to your account as Bonus Money
What’s the point of ruling the felts if there are no benefits? Playing with Spartan Poker is all about getting rewarded for your Poker skills! So, give it all you got because you know we will too!
For more information on TDS, visit https://www.spartanpoker.com/vip-program/terms-and-conditions
Terms and Conditions for TDS :
1. Bonus Money will be credited instantly.
2. BLITZPOKER, Pokerhigh and Spartan Poker are a part of the Quadnet Poker Network. Deposits and cash outs for all poker rooms on the network will be made by Quadnet Poker Network’s parent company Quadrific Media Pvt Ltd.
3. Withdrawals on Spartan Poker/ Pokerhigh/ BLITZ are subject to withholding tax (TDS) as per applicable rates (i.e., 30% currently) which is submitted to the Indian tax authorities under section 194B of the Income Tax Act.
4. Cashouts from all the poker rooms will be added to calculate player’s TDS liability.
5. TDS will only be deducted on net winnings (Withdrawals till date – Deposits till date) from withdrawals during the financial year at the time of the withdrawal.
6. TDS will not be charged in case total withdrawal of player is less than Rs. 10,000 during the financial year. However, same shall be attracted in case total withdrawal of player is more than 10,000 during the financial year.
7) Spartan Poker/ Pokerhigh/ BLITZ holds the right to make changes in the current program without any prior intimation.
8) For Additional Terms & Conditions please refer to Legal terms and conditions