How much TAXES do CRICKETERS pay? | Cricketers' Salary | Finforall By Jupiter
Автор: Finforall by Jupiter
Загружено: 2022-04-18
Просмотров: 7392
Описание:
In India, anyone who earns income above the taxable limit has to pay taxes on such income earned. It does not matter if that person is a cricketer or a software engineer.
Exemption/Partial exemption are provided to some people. However, cricketers don't fall in that category.
All the fees received by Indian cricketers by whatever name called associated to being on the cricket team for the purpose of playing cricket, whether received in terms of a retainer ship or for on playing a match are categorised under Professional income and taxed accordingly.
However, earnings of a cricketer from promoting products, Advertisements, endorsements is purely business income.
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