D Gukesh, 18, becomes youngest World Chess Champion, winning $1.35M and facing significant tax.

D Gukesh, an 18-year-old chess prodigy from India, won the World Chess Championship, becoming the youngest champion in history. He received a prize of approximately Rs 11 crore ($1.35 million). The Tamil Nadu government added Rs 5 crore to his winnings. Gukesh will pay about 30% in income tax, amounting to around Rs 3.3 crore. Social media users noted the tax department would gain significantly from his prize.

December 16, 2024
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