How does the Pn'L closure and account reset work?

• In accordance with the TDS policy, a player's Adda52 wallet will reset on April 1, 2025 @ 6AM.
• As part of the User Pn’L closure and wallet reset, we calculate and deduct the Net TDS payable from your wallet for the FY 2024-25, as applicable.

Net TDS Payable working formula for FY 2024 - ‘25 = 
((Total Money Withdrawn + Available Real money balance) - (Total Deposits + Opening Balance of FY)) x 30% - TDS paid

Example:

Opening Balance = 1,00,000
Total Cash Deposit = 3,00,000

Total Redemption = 6,00,000
TDS deducted in = 60,000

Current Real Money Balance in wallet = 1,00,000
Total Net Winnings = 3,00,000

TDS payable on FY’25 Closure = INR 30,000

Formula: ((6,00,000 + 1,00,000) - (3,00,000 + 1,00,000))*30% -  60,000

Note: TDS payable will be deducted from the player’s wallet with a max cap 30% of real balance as per taxation regulations.

• Balance funds post TDS deduction will be carried forward in the new FY 2025-26 in the respective wallet structure. 
  1. Balance funds in the Deposit wallet will be carried forward as is in FY 2025-26.
  2. Release criteria for Locked deposit amount shall remain as is the previous FY.
  3. Withdrawable money will be carried forward as tax-free money in FY 2025-26.
• All the bonuses will be carried forward into the bonus bucket and release criteria remain as is.
• To support a seamless Pn’L closure and account reset activity on Adda52, withdrawal requests will be disabled on March 31, 11:59 pm until April 1, 8:00 am.
• On April 1st at 6 AM, the system will undergo a scheduled shutdown to perform a wallet reset for all registered users as part of our standard operating procedure.