Chess Grandmaster D Gukesh’s recent win has brought him a prize of approximately Rs 11 crore, but also a hefty tax bill. Social media is abuzz with discussions and humorous comments about the substantial tax amount, estimated to be around Rs 4.67 crore based on India’s top marginal tax rate of 42%. The situation highlights India’s tax system and its impact on high-income earners.
The Kerala Lottery Department has announced the results of the Karunya KR-676 lottery draw, with a winning ticket from Kollam claiming the grand prize of ₹80 lakh. Check out the full list of winning ticket numbers and details about the next draw.
Swapnil Kusale’s father, Suresh Kusale, has expressed his disappointment over the Maharashtra government’s Rs 2 crore prize money for his son’s Olympic bronze medal, highlighting that Haryana offers significantly higher rewards for its athletes. He believes Swapnil deserves a greater recognition, including a flat near the sports complex and naming the shooting arena after his son.
The International Cricket Council (ICC) has announced a record prize money pool of $7.958,080 for the upcoming Women’s T20 World Cup in the UAE, significantly exceeding the previous edition’s prize money. The winning team will receive a whopping $2.34 million, reflecting the growing importance and popularity of women’s cricket.
The Diamond League, a prestigious annual multi-sport event, has announced a significant increase in prize money for the 2025 season, reaching a record-breaking $9 million. This move signifies a major investment in athletes and aims to further enhance the competition’s appeal.
The 2024 US Open, tennis’s final Grand Slam event, offers a record-breaking $75 million in prize money, marking a 15% increase from 2023. This article breaks down the prize structure for singles, doubles, and mixed doubles, highlighting the lucrative rewards for champions and finalists.
India’s men’s cricket team was awarded a generous 125 crore rupees prize money for their victory in the T20 World Cup 2024. The announcement was made by Jay Shah, Secretary of the Board of Control for Cricket in India, acknowledging the team’s exceptional performance and sportsmanship throughout the tournament.
