How much Rishabh Pant will get after income tax?

Sowmiya Sriram
How much rishabh pant will get after income tax?
Indian team's rishabh pant was bought by the lucknow team for the highest amount in the mega auction of the IPL series. It has been revealed how much rishabh pant, who was bought in the auction for Rs. 27 crore, will get as salary after income tax deduction. The mega auction for the IPL series has been held in Jeddah, saudi arabia for 2 days. In this mega auction, 182 players were bought by 10 teams and they were paid Rs. 639.15 crore. Out of these, the highest was rishabh pant, the wicketkeeper-batsman of the indian team, who was bought by the lucknow team for Rs. 27 crore. rishabh pant has set a record for being the highest-paid player in IPL history. Teams including RCB, Hyderabad, and lucknow competed to buy him. Finally, the lucknow team came forward to pay rishabh pant for Rs. 20.75 crore. At that time, no team was in the competition. But suddenly, the delhi team raised the RTM card and the lucknow team immediately announced that it was ready to pay Rs. 27 crore to buy rishabh Pant.
Due to this, the delhi team management withdrew from using the RTM card. As a result, the lucknow team signed rishabh pant for Rs. 27 crore. In this situation, questions arose among fans about how much income tax will be deducted from the Rs. 27 crore contract for rishabh pant and how much salary he will get. Currently, Rs 8.1 crore will be deducted as central government tax from the Rs 27 crore rishabh Pant's contract. Due to this, it has been revealed that only Rs 18.9 crore will be received as salary. Also, there was a doubt whether rishabh pant would be paid his full salary if he got injured during the IPL series. Even if rishabh pant gets injured during the IPL series, he will get his full salary. But if rishabh pant gets injured before the start of the IPL series, he will not be paid. Instead, the team management can sign another indian player. If no one is signed, the bcci will pay the full amount to the lucknow team through an insurance policy. It has been revealed that no one will suffer any loss due to this. Also, regarding the IPL series, even if he sits on the bench for the entire season, he will be paid his full salary. In case he withdraws from the IPL series due to personal reasons, his salary will be calculated and paid according to the number of matches he has played.
For more interesting updates click and follow Indiaherald WhatsApp channel

Find Out More:

Related Articles: