Since the mega auction of IPL 2025 started in Jeddah, there are only a few names on everyone's lips, which remain in the news even after the auction is over. Firstly there is Rishabh Pant, who was bought by Lucknow Super Giants with a record bid of Rs 27 crores and made him the most expensive player in IPL history. The second player is Shreyas Iyer, who became the most expensive player for a few minutes before Pant. Punjab Kings surprised everyone by spending Rs 26.75 crore for the Indian batsman.

Shreyas will not get full money

Although this time it was expected that all the old bidding records for some players would be broken but still the bids of Rs 26 and 27 crores were shocking. When Punjab Kings co-owner and Bollywood star Preity Zinta was asked about this, she said that everything happening in IPL was always expected to break records. Just here he said that Shreyas would not get the full amount.

Now the question becomes what is this matter and why did he say this? So the thing is such that during his answer, when he talked about Shreyas Iyer getting Rs 26 crore, the interviewer interrupted and reminded him that the price is around Rs 27 crore (26.75 crore). It was here that Preity Zinta jokingly apologized to Shreyas and reminded him that some money would definitely be deducted in taxes. As soon as she said this, she herself laughed.

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How much amount will you get after tax?

Actually this is what happens. All the bid money received by any player does not go to him. Every player gets this salary only after deducting 30 percent income tax, which is mandatory under the Income Tax Act. In such a situation, if we talk about Shreyas, then out of Rs 26.75 crore, he will have to pay 30 percent i.e. Rs 8 crore 2 lakh 50 thousand (8,02,50,000) as income tax. In such a situation, he will get Rs 18 crore 72 lakh 50 thousand for one season.

That's why Punjab bid higher

There was a fierce competition between Delhi Capitals and Punjab for captain Shreyas Iyer, who made Kolkata Knight Riders the IPL champion last season. Ultimately Punjab bought him for Rs 26.75 crore and he became the most expensive player for some time. Apparently, Punjab Kings bought Shreyas not only from the perspective of an Indian batsman, but also decided to spend such a huge amount with the idea of ​​making him the captain.