OLYMPICS

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How Much Of Their Award Money Will PV Sindhu And Sakshi Malik Actually Get?

The country is ecstatic with the glory of medals… but no offence, given that we live and breathe taxes, our minds immediately start calculating the actual amount of money that will be credited in the sportswomen’s bank accounts. We cannot help but grapple with questions such as, “Is there any tax deducted from such incomes?” or “Are these people liable for any special kind of tax?” or “Are these incomes exempt?” So let’s get an insight into what actually happens!

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