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2. π° TDS Deduction
Under Section 194BA of the Indian Income Tax Act, a mandatory 30% TDS is deducted from all rewards on skill-based platforms. This is a statutory requirement. The deducted amount is remitted to the government and can be verified via Form 16A issued quarterly through TRACES.
3. β³ 90-Day Verification Window
You have a 90-day window from sign-up to complete PAN verification and redeem your rewards. If not completed within this period, your redemption request may lapse and rewards could become unavailable. Complete KYC as soon as possible to avoid missing out.
4. π₯ Referral Bonus β Both Sides Must Verify
To redeem referral rewards, both the referrer and the referred user must complete PAN & Aadhaar verification. If either side has not completed KYC, the referral reward will remain locked until both are fully verified.
5. π
Weekly Challenge Rewards
Weekly Challenge rewards are redeemable from the 10th of the following month.
(Example: May challenges β redeemable from June 10th)
6. π« Fraudulent Accounts
Accounts flagged for fraudulent activity will have reward redemption permanently restricted β both for previously earned and future rewards, without exception.