To estimate Virat Kohli’s income tax on his ₹21 crore IPL salary for 2025, let’s break it down based on India’s income tax laws.
1. Understanding Kohli’s Tax Liability
- Kohli’s IPL salary of ₹21 crore is categorized as professional income and is taxed under the Income Tax Act, 1961.
- As an Indian resident, he falls under the highest tax bracket of 30%.
- However, surcharge and cess also apply, increasing the total tax liability.
2. Tax Calculation on ₹21 Crore
Step 1: Basic Tax (30%)
- 30% of ₹21 crore = ₹6.3 crore
Step 2: Surcharge (25%)
- Since his income exceeds ₹2 crore, a 25% surcharge is applied on tax:
- 25% of ₹6.3 crore = ₹1.575 crore
- Total Tax after Surcharge = ₹6.3 crore + ₹1.575 crore = ₹7.875 crore
Step 3: Health & Education Cess (4%)
- 4% of ₹7.875 crore = ₹31.5 lakh
3. Final Tax Amount
- Total Tax Payable = ₹7.875 crore + ₹31.5 lakh
- Final Tax Amount = ₹8.19 crore
Additional Considerations
- Kohli may reduce his taxable income through business expenses, investments, or donations (which provide tax deductions under sections 80C, 80G, etc.).
- His brand endorsements and other income sources will further increase his total tax liability.
Conclusion
On his ₹21 crore IPL salary, Virat Kohli is estimated to pay around ₹8.19 crore in income tax before any deductions. His actual tax liability could vary depending on tax planning strategies and other income sources.
Would you like a more detailed breakdown or insights on his total earnings?
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