Yes because Online Fantasy Sports Gaming is a “Game of Skill”, not “Game of Chance”. Winning this game requires detailed knowledge about the sport in question therefore skill is the determining factor of Online Fantasy Sports gaming which is legal in India.
No. Anyone under the age of 18 is not allowed to participate in contests hosted by Sky11s.
The winnings offered to the users declared as winners of the contest(s) organized by Sky11s comply with a deduction of tax ("TDS") under the Income Tax Act 1961.
In an event, the net winning amounts to more than ₹ 10,000 and the rate of TDS 10,000, a 30% taxation charge will be imposed on the net winning of the user.