Income Tax is a crucial part of the governance in any country. In a recent report published by Fortune India, many top Indian cricketers paid some of the highest taxes for the last financial year. On that note, here, we take a look at the list of current Indian cricketers who paid the highest income tax.
List of current Indian cricketers who paid the highest income tax
Interestingly, many retired cricketers such as Sachin Tendulkar, MS Dhoni and Sourav Ganguly were featured on the list of cricketers who paid the highest income tax. Of course, many from the current team are also featured in the list. With many income streams available for players now, it is not a surprise to see them here. Amongst the players who still play for the Indian Team, the below three stand at the top of the list:
- Virat Kohli – INR 66 Cr
- Hardik Pandya – INR 13 Cr
- Rishabh Pant – INR 10 Cr
Cricket and finances
Cricket is an extremely popular sport in India. It is because of the many fans of the game in India that BCCI is the richest board in the world. Naturally, the players also get to enjoy a good share of it. They deserve it because of their hard work and determination to do well for the country and entertain the fans.
In India, cricketers have multiple income streams. While BCCI pays the contract fees and the match fees, the IPL salary also forms a huge chunk of a player’s earnings. With so much popularity for the game, brand deals also form a good financial income for the cricketers. Of course, apart from all of this, if a player has other investments, they will also have to pay taxes accordingly. Going forward, if it does not already have, BCCI must ensure good financial education for upcoming cricketers as a part of their development.
