KBC Winning Prize: A contestant who wins 1 crore in Kaun Banega Crorepati gets this much amount, lakhs are deducted from the tax
Kaun Banega Crorepati prize Money: Kaun Banega Crorepati is the most popular show on TV. But do you know that the contestant who wins 1 crore in KBC is given the remaining amount after deducting 30 percent income tax?
KBC prize Tax
'Kaun Banega Crorepati 15' is going to start from 14th August. amitabh bachchan hosts this show every time. The makers of KBC decided to give a new look to the set to make it more attractive for the fans. But do you know that when someone wins one crore rupees in this show, he gets very little money after deducting tax? Let us know how much tax is levied on the winning of one crore.
The contestant who wins 1 crore in KBC gets this much amount
The 15th season of KBC is about to start. Like every time, this time also people will win crores of rupees by answering questions using their talent. The one who wins Rs 1 crore in this show does not get the full Rs 1 crore. Yes, you heard it right... Contestants also have to pay taxes etc. out of one crore. The participant gets the money after deducting the tax.
According to a report, the contestant who wins 1 crore in Kaun Banega Crorepati is given the remaining amount after deducting 30 percent income tax. This means that the winner who wins 1 crore gets only 70 lakh rupees. Apart from this, the contestant also has to pay the surcharge, which is 10% of the amount of TDS.
The winner who won 1 crore gets only 70 lakh rupees
At the same time, let us also tell you that every contestant does not have to pay this 10 percent surcharge on TDS. Any participant who wins more than Rs 50 lakh, only has to pay a 10% surcharge. The winner who wins 1 crore in KBC, even after deducting the surcharge, the contestant has to pay 4% of the TDS amount in the form of cess, that is, 4% cess of the contestant's 33 lakh will be deducted, which is Rs 1 lakh 32 thousand.
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