How world’s youngest chess champion D Gukesh’s ₹11.45 cr prize shrinks by ₹4 cr: The tax math explained
D Gukesh, the 18-year-old chess prodigy and youngest World Chess Champion, is about to learn that victory comes with a hefty price tag. Of the ₹11.45 crore prize money he earned from his monumental win, nearly ₹4.09 crore will be swallowed by taxes, leaving him with ₹7.36 crore in hand. India’s taxation rules on prize money … Read more