Q: How To Earn Money By Playing Tournaments?

Download our app, add money to your wallet, join a tournament & you will be given a room ID & Password to join a custom room, enter that room, make kills or win the match, you will be paid automatically in your wallet.

 

Q: Why Do I have to add Money to wallet?

Money in the wallet will be used to participate in the matches. You will also be paid your prize money in the wallet. You can use this wallet money to participate in future matches.

 

Q: Can I use the prize money in my wallet to join matches?

Yes, you can use the winning balance in your wallet to pay for the match joining fees. Keep playing to keep earning.

 

Q: How To Add Money?

Click on the wallet on the top right corner, click on add money & then add money by PAYTM / BHIM WUPI / NET BANKING and many more, 100% Secure & quick payments. All the payments are moderated and powered by paytm.

 

Q: How To Earn Bonus?

There are different ways to earn bonus. Refer and earn and watch and earn.

 

Q: How does Refer and Earn work?

 Invite your friends on the app using your promo code to earn Rs. 30/- when they join the first paid match. your friend also get Rs. 10 as signup bonus. Share the promote code to whatsapp/ facebook or your subscribers to spread more and earn more bonus. 

 

Q: Can I use Bonus to join the match?

 Yes, yu can use 10% of the bonus amount to pay the match joining fees.

 

How To Withdraw Money?

Click on the SkullGamers wallet, Click on withdraw, enter the amount you wish to withdraw and the amount will be transfered to your paytm wallet within 7-10 business days. Tax Deducted at Source (TDS) of 31.2% will be applicable in each of your payout if your total earning for the financial year (April-March) crosses ?10,000, as per Government of India.
• You must have a valid PAN..

 

Q: What is the criteria for withdrawing my earnings?

. • The minimum amount that you can withdraw is ?300 which means you cannot submit request for amount less than ?300.
• Minimum Wallet balance in your SkullGamers Wallet should be ?300.
• Payouts are transferred in 7-10 business days. Please check with your payment option after the amount has been transferred from our end.
• Tax Deducted at Source (TDS) of 31.2% will be applicable in each of your payout if your total earning for the financial year (April-March) crosses ?10,000, as per Government of India.
• You must have a valid PAN..

 

Q: What is the tax deducted on the wining prize?

As per Government of India, if you receive money from winning the lottery, Online/TV game shows etc., it will be taxable under the head Income from other Sources. The income will be taxable at the flat rate of 30% which after adding cess will amount to 31.2%.Incomes from following sources come under this category:

  • Lottery
  • Game Show or any entertainment programme television or electronic mode
  • Crossword Puzzle
  • Gambling or betting
  • Races including Horse races.

TDS Applicability

If the Prize money exceeds Rs 10,000, then the winner will receive the prize money after the deduction of TDS @31.2% u/s 194B. It does not matter whether the income of the winner is taxable or not. The prize distributor is liable to deduct tax at the time of payment. In the case of winnings from horse races, TDS will be applicable if the amount exceeds Rs 10,000.