The Tax Math Behind D Gukesh’s Chess Victory Winnings
D Gukesh, the youngest World Chess Champion, made history not just with his moves on the chessboard but also with his impressive earnings of ₹11.45 crore in prize money. However, the Indian taxation system ensures that even such monumental achievements are accompanied by substantial deductions. Gukesh’s ₹11.45 crore prize money and an additional ₹5 crore…