D Gukesh to pay ₹ 4.67 crore in taxes after becoming youngest chess world champion
D Gukesh, at 18, became the youngest World Chess Champion after defeating Ding Liren in Singapore. His victory will result in a tax bill of approximately ₹ 4.67 crore, surpassing MS Dhoni's IPL salary of ₹ 4 crore. Gukesh earned around ₹ 11.34 crore from the championship, including prize money and game winnings. His tax rate will be high due to Indian tax laws, which impose significant taxes on high incomes. Upon returning to Chennai, Gukesh received a warm welcome from fans and officials. Tamil Nadu's Chief Minister announced a cash reward of ₹ 5 crore for the young champion.