Almost every person dreams of going to ‘Kaun Banega Crorepati 15’, the most liked quiz show on TV hosted by Amitabh Bachchan. At the same time, it also gets a lot of love from the audience sitting at home. These days, the 15th season of the show is being telecasted.
During this, the contestants were surprised by their intelligence. At the same time, Jaskaran Singh of Punjab reached the hot seat recently. He played this game so beautifully that even Big B was impressed with him. Jaskaran won the prize money of one crore rupees.
How Much Money Comes Into The Account After Deducting Tax?
Of course, it has been shown in the show that Jaskaran has won one crore rupees, but very few people know about the amount in his hand after deducting tax. So let us know today how much tax is deducted from the prize money won in the show.
This Much Amount Will Come In Hand After Winning One Crore Rupees
Jaskaran Singh, who won Rs 1 crore in ‘Kaun Banega Crorepati 15’, will have to pay a 30 per cent tax on his prize money. After this, a 10 per cent surcharge will be levied on the amount of tax deducted. After this, a 4 per cent cess must also be paid. If we sum it up, Jaskaran Singh will get Rs 65.68 lakh after paying Rs 34.32 lakh in tax out of Rs 1 crore. A 15 per cent surcharge must be paid above one crore rupees. At the same time, the contestants who win more than Rs 50 lakh will have to pay a surcharge of up to 10 per cent.
You Will Get This Much Money For Winning 7 Crores
If a contestant wins Rs 7 crore, only Rs 4,48,84,000 comes into his account. On Rs 7 crore, Rs 2.10 crore tax, 15 per cent surcharge of Rs 31.5 lakh and 4 per cent cess, i.e. Rs 9.66 lakh are charged, Rs 2,51,16,000. Very few viewers know these rules and procedures of the show going through the tax process.