How much money will 13-year-old Vaibhav Suryavanshi earn after tax deductions from his IPL salary? Know the full details
13-year-old Vaibhav Suryavanshi is regarded as the next big thing in Indian Cricket. He came into the limelight post the conclusion of the 2025 IPL Mega-Auction. Vaibhav also represents the U-19 team of India and he's currently playing in the in the U-19 Asia Cup 2024.
The Men in Blue played their opening Asia Cup match versus fierce rivals Pakistan but the young sensation wasn't able to do anything with the bat in that gamegame and he flopped in the match versus Japan too. The wonderkid shocked the entire world of Cricket when he smashed a record century for India-A versus Australia-a in a youth Test-Match in the city of Chennai.
Vaibhav became the youngest ever player to get picked in the history of the IPL Auction as he was bought by the Rajasthan Royals (RR) for a price tag of 1.10 crore Indian Rupees. But do you know that the 13-year-old won't get the full amount of his IPL salary
The youngster will have to pay income tax from his 1.10 crore IPL salary and while no official confirmation about his income tax amount deductions has been given, many type of news regarding the same has come out regarding the same.
How much money will get deducted in taxes from the IPL salary of Vaibhav Suryavanshi?
According to a news report of TV9, Vaibhav Suryavanshi will have to pay a total of 30 % tax. So, a total of 33 lakh rupees will have to be paid by him in tax. The 13-year-old will receive around 77 lakh Indian Rupees out of his 1.10 crore Indian Rupees. If we take a look at the youngster's tax break-up, he comes under the category of earned-income.
This kind of income is earned by an individual thought his or her talent or skill. This includes the fields of Acting, sports or other such fields. The earnings of Suryavanshi will be very high so there won't be any kind of exemptions in this.
Delhi Capitals were also interested in securing the services of Vaibhav Suryavanshi in the 2025 IPL Mega-Auction
13-year-old Vaibhav is also a part of the U-19 team of India and he earns a lot of money by playing the U-19 matches as well. Despite being just a 13-year-old kid, Suryavanshi has managed to shock the entire world of Cricket with his performances.
He also got the benefit of his good performances in the recently concluded Indian Premier League 2025 (IPL) Mega-Auction. Along with the Rajasthan Royals (RR), the Delhi Capitals were also very interested in making him a part of their squad. But in the end, RR managed to finish out victorious.
