Brief by Shorts91 Newsdesk / 01:56pm on 16 Dec 2024,Monday Sports
D Gukesh made history by becoming the World Chess Champion at just 18. The Indian grandmaster defeated Diren Ling and earned ₹11 crore in prize money. However, Gukesh will have to pay a significant tax of ₹4.67 crore, as he falls under the 30% tax bracket in India. Fans jokingly congratulated the Income Tax Department and Finance Minister Nirmala Sitharaman on the windfall. Gukesh’s net worth has risen to ₹21 crore after his victory. The grandmaster expressed his joy, saying, "I've been dreaming about this moment since I was six or seven."