Скачать или смотреть Foreign IPL Players need to pay DOUBLE tds on their IPL income!

Did you know there's a significant difference in tax rates for Indian and foreign players in the IPL?

Let's break down the tax situation:
👉Indian Players: They face a 10% Tax Deducted at Source (TDS) on their IPL earnings.
👉Foreign Players: They get hit with a higher 20% TDS on their IPL income.

Now putting this into action, Mitchell Starc's contract price is ₹24.75 crore. Using the 20% rate for foreign players, his potential TDS comes to a staggering ₹4.95 crore! While Viral Kohli's contract is ₹15 crore resulting in a TDS of only ₹1.5 crore.

Now it's your turn, Head over to the comments and tell us: How much TDS would Pat Cummins pay on his ₹20.5 crore contract?

[IPL, IPLshorts, Taxes on IPL Income, Virat Kohli, Pat Cummins, IPL2024, TDS, DidYouKnow]

#taxbuddy #ipl2024 #iplshorts #ipl #rcb #csk #gujarattitans #srh