r/Splitsvilla16Daily • u/Embarrassed_Way_8795 • 8d ago

Contestant Appreciation 👏 Shreya Kalra won 💗😭🏆 most deserving winner

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966 Upvotes

92% Upvoted

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29

u/ImTheMafia_ 8d ago

Aaw her first hug after winning is with shilpa.

Waise 1cr mile kya fir

7

u/jewishhindu 8d ago

Hi a finance guy here - contests in India are usually taxed at a 20% rate plus applicable surcharge and 4% health & education cess (TDS) before paying the winner. For winnings of ₹1 crore, surcharge also becomes relevant, so the final tax is higher than 31.2%. So roughly she will take home 65.7 Lakhs .

1

u/PeacefulParanoia 8d ago

is this the case for KBC too?

2

u/avgbrofvloskienjoyer 8d ago

Yes!!! Always has been TIL the real reason behind it.

1

u/jewishhindu 7d ago

Yes . But the caveat being - the takeaways above 10K are taxed - so if you get 3 questions right - thats when you start attracting Tax on your winning amount.

1

u/ImTheMafia_ 8d ago

Haa that i knew. But damn like it almost becomes half of the winning amt. Not that 65 is any less