How much tax will Vaibhav Suryavanshi have to pay?
As per report Vaibhav Suryavanshi is a rising star of India. He came into the limelight after IPL 2025 mega auction. Vaibhav is also playing for india in the Under 19 Asia Cup 2024. India's first match was against Pakistan. Vaibhav could not do anything special in this match. Vaibhav has done great feats at a young age. He was bought by rajasthan Royals for Rs 1.10 crore in IPL 2025 mega auction. But do you know that he will not get this money in full.
Perhaps Vaibhav Suryavanshi is the oldest millionaire of IPL. He was bought for many times more than the base price. Vaibhav rajasthan Royals made a bet. Bought him for Rs 1.10 crore. But Vaibhav will not get this money in full. Vaibhav will also have to pay income tax. But official information has not been received about how much it will be. However, many types of news have come out on this.
Moreover according to a news of TV9, Vaibhav may have to pay 30 percent tax. So about 33 lakh rupees of his will go in tax. Vaibhav will get about 77 lakh rupees out of 1.10 crore rupees. If we look at the taxation breakup of Vaibhav, he comes under the category of earned income. This kind of income is earned through one's skill or talent. This includes sports, acting or other such fields. Vaibhav's earnings will be very high. Therefore, there will be no exemption in this. Vaibhav is a part of India's Under 19 team. Hence, he also earns from here. Vaibhav is just 13 years old. But he has performed well at a young age. He also got the benefit of this in the IPL 2025 mega auction. Along with rajasthan, delhi Capitals also wanted to buy Vaibhav. delhi had placed the first bid on Vaibhav in the auction.