18-year-old Indian chess prodigy Gukesh D has become the youngest world chess champion, but his victory comes with a Rs 4.67 crore tax bill, exceeding MS Dhoni’s IPL salary. His Rs 11.34 crore prize money from the World Chess Championship triggers a hefty tax liability due to India’s tax laws.
Related Posts
Boost for natural farming, PAN 2.0 and more: 9 big Cabinet decisions
The Union Cabinet approved several key initiatives, including a National Mission on Natural Farming with a budget of ₹2,481 crore, the PAN 2.0 project for […]
US suspicion may be right, Singapore may have an ‘Nvidia-DeepSeek problem’
Singapore Police have arrested three men for fraud linked to illegal re-export of Nvidia GPUs to Chinese AI company DeepSeek, bypassing US trade sanctions. The […]
Can’t expect man to maintain ex-wife as per his status all his life: SC
An Indian-American businessman, facing a hefty Rs 500 crore alimony payment to his first wife, has been ordered by the Supreme Court to pay Rs […]