Imagine a world where you can dive into the excitement of virtual sports without worrying about taxes taking a slice of your winnings. Well, good news, There are now Best Fantasy Apps without TDS in India that let you do just that. In this blog, we’ll walk you through these Best Fantasy Apps without TDS in India that give you the full thrill of gaming without any tricky tax deductions. These apps are designed to be easy to use, with lots of sports to choose from and cool prizes up for grabs.
Whether you’re a pro at fantasy sports or just curious to try it out, this blog will help you get the most out of your gaming experience. So, get ready to explore the Best Fantasy Apps without TDS in India.
TDS Free Fantasy App What is That?
TDS, short for Tax Deducted at Source, is a form of advance tax imposed by the Indian government at regular intervals. Any TDS amount withheld can be reclaimed as a tax refund once a taxpayer submits their Income Tax Return.
In conventional fantasy apps, if you earn a sum of money, when you go to redeem it, the fantasy company deducts a specific portion as mandated by the government, and the remaining amount is then transferred to your account.
However, in TDS-free fantasy apps, you are exempt from this deduction. These Fantasy apps without TDS will pay the TDS tax on behalf of the user at the time of withdrawal. You will receive your total TDS paid amount back in your wallet. Therefore It’s a hassle-free way to enjoy your earnings without any deductions.
Upon learning this, it’s understandable if you feel disappointed. As of now, there are no TDS-free fantasy applications available in India. This is a fact due to the prevailing tax regulations. If a fantasy app doesn’t deduct the mandated 30% TDS, it should raise suspicions about its authenticity and legality, as it would deviate from the established tax norms.
We apologise for not being able to meet your specific search criteria. However, to assist you further, we’re happy to offer you a list of the top five best fantasy apps available.
Top 5 Best Fantasy Apps
|Fantasy Apps||Referral Bonus||Minimum Withdrawal|
|1. Dream11||Up to ₹6000 Bonus||₹100|
Dream11 stands out as the leading and currently trending fantasy sports application in India, boasting the largest user base. This app offers a diverse array of fantasy games encompassing cricket, hockey, football, basketball, and kabaddi, catering to a wide range of sports enthusiasts. Co-founded by Harsh Jain and Bhavit Sheth, Dream11 holds the distinction of being India’s premier fantasy sports app, with an impressive user base exceeding 110 million daily users. The app has garnered substantial recognition, featuring renowned brand ambassadors such as M. S. Dhoni, Hardik Pandya, and Jasprit Bumrah.
2. My11 Circle
If you love cricket, you should give My11Circle a shot. Many Famous Players like Shane Watson and Rashid Khan promote this platform. Apart from them, it’s also promoted by some top-tier Indian cricket team players like Sourav Ganguly, Shubman Gill and Mohammad Siraj. More than 13 million people play fantasy contests on My11Circle. The minimum withdrawal on the My11circle app is only ₹100. You can easily withdraw your money using bank transfer and UPI.
Virender Sehwag supports MyTeam 11 as its ambassador. This company makes an app where you can play different games like cricket, soccer, football, rugby, hockey, and basketball. They’re nice because they let you choose from nine different languages. The application is downloaded by over 15 million users. Plus, if you sign up, they give you a bonus of ₹100 to start with.
Also Read: Best Fantasy Apps Without 28% GST
MPL fantasy cricket is a really popular game, especially with Virat Kohli supporting it. This gaming platform, Mobile Premier League, has over 40 games you can play. They have fantasy football, fantasy cricket, and other fun games like cards and puzzles. Even though they offer a bunch of games, cricket is the one most people like to play.
BalleBaazi is becoming more and more popular these days. It’s an app made by a company in India that creates fantasy sports games. What’s cool about BalleBaazi is that you can pick whether you want to play a bowling game or a batting game. You’re not just limited to cricket either – you can also play football, baseball, basketball, and kabaddi. They even have some fun arcade games like poker and rummy. And if you do well, you can win some really big prizes! It’s a lot of fun.
Also Read: Best Free Giveaway Fantasy Apps
FAQs: Best Fantasy Apps Without TDS
Unfortunately, as of 2023, there isn’t a fantasy cricket app in India that gives you all your winnings without deducting taxes. The Indian government imposes a 30% tax on winnings from fantasy sports contests, and all fantasy cricket apps in India have to deduct this tax before giving out the winnings.
The Cricket Exchange Fantasy app lets you enter for free through free cash contests. They also have small contests with entry fees like ₹3, ₹6, ₹9, and so on, so you can start with a small amount and still have a chance to win big. Plus, you can use the ₹500 welcome bonus offer to get a free entry.
Dream11 is undoubtedly one of the safest, most secure, and most enjoyable fantasy cricket apps out there! With over 1,000 daily contests, a trusted user base of 15 Crores, and an impressive 4.7-star rating, the Dream11 app stands as one of the best fantasy cricket apps around!
Yes, Dream11 deducts TDS just like other fantasy apps and this is done to ensure tax compliance in line with Indian regulations.
Vision11 is the best alternative to Dream11.
Conclusion Best Fantasy Apps Without TDS
In conclusion, it’s important to note that as of now, there are no TDS-free fantasy apps available in India. Any claims of such apps should be met with caution, as they may not be operating within the bounds of legal compliance
Avoid using TDS-free apps as they may not obey legal tax regulations and could potentially lead to complications with financial authorities. It’s recommended to opt for platforms that operate within the established norms to ensure a secure and compliant gaming experience. It’s always best to use legitimate platforms that comply with the established tax norms. Thanks, Visit again.