By Admin 
Rishabh pant ipl salary tax: Rishabh Pant is the most expensive player in IPL history, he was bought by Lucknow Super Giants for IPL 2025 for Rs 27 crore. However, he could not perform according to his price. In the 13 matches played so far, Pant has scored 151 runs at an average of 13. This is Pant’s worst performance in the IPL so far. Earlier, when Lucknow bought him, he hoped that the team would win the first title under his captaincy, but this time she was out of the league stage itself. One question will be in the most mind that if Pant will get 27 crores, if not, then how much amount will reach him. Let’s understand.
History was created in the auction for IPL 2025 when Rishabh Pant was bought by Lucknow for Rs 27 crore. He became the most expensive player in history. Earlier, he was involved in Delhi Capitals, but Delhi did not retain him. Although he used the RTM in IPL option in the auction, he back back after Lucknow bid such a huge amount.
How much tax will be paid to Rishabh Pant out of 27 crores?
Let us tell you that Rishabh Pant will not get the full 27 crore rupees. According to the estimated tax calculation, a tax of Rs 11.48 crore will be imposed on Pant’s profession income (27 crore). His profession income will be taxed at 30 percent, which will be Rs 8 crore 6 lakh. The tax will be Rs 11.04 crore after surcharge. If their earnings are more than Rs 5 crore, then the surcharge will be applicable 37 percent. After adding 4 percent of health and education cess, their total tax will be Rs 11.48 crore. That is, Rs 15.52 crore will come in the hand of Rishabh Pant.
If Pant takes advantage of the deduction by adjusting the costs of equipment, travel and living, manager’s fees etc., then these hand salary can increase. News18 quoted Aquilal’s Executive Director-tax, Rajarshi Dasgupta as saying that, “Under the new tax system, out of the services of Pant’s team, the Indian government will claim tax of Rs 10.53 crore (30% income tax, 25% surcharge and 4% cess), which will give Pant a cash of Rs 16.47 crore per season.
The franchise will deduct 10 percent of TDS while giving this amount, which Pant can get while filing income tax returns.