How to Save Your Profit from CK444: A Legal Tax-Saving Guide for Indian Gamers
CK444 players in India are subject to a flat 30% tax plus 4% cess on all gaming profits under Section 115BB of the Income-tax Act, regardless of their income slab. With no allowance for expense deductions or loss offsets, this can take a serious bite out of winnings. However, legal strategies—like properly claiming TDS credit, maximizing deductions on other income, and leveraging tax treaties for NRIs—can significantly reduce the net outgo. This guide walks you through reporting winnings in ITR-2/3, avoiding common mistakes, and keeping compliant records. With the right planning, gamers can stay fully legal while preserving more of their crypto or cash earnings from CK444.
2025-06-11Read
