taxation

Kaun Banega Crorepati: Do You Know Why After A Contestant Wins Rs. 1 Crore, The Winner Takes Approximately Rs. 70 Lakh Only; Here’s The Reason

The winner gets everything! This remark does not apply to Amitabh Bachchan's Kaun Banega Crorepati, contrary to popular belief. Even if you win Rs 1 crore as a competitor, you will only take home Rs 65-70 lakhs. Why do you inquire? Because the award money is considered income, it is subject to taxation. As a result of the tax deduction, the prize money won by the contestants is really less than what is stated. This hasn't stopped others from taking part and sitting on the hot seat. However, this isn't the only little-known secret regarding KBC. The game show, which has been on the ai | Click Here...