Royal Challengers Bangalore Clinches First IPL Title
In a thrilling final, Royal Challengers Bangalore has claimed their first IPL title by defeating Punjab Kings. The victory comes with a prize of ₹20 crores, but due to tax deductions, RCB will receive ₹14 crores. Meanwhile, Punjab Kings, as runners-up, will take home ₹9.10 crores after taxes. This article delves into the financial aspects of the IPL prize distribution.
| Jun 4, 2025, 13:57 IST
RCB Triumphs in IPL Final
Royal Challengers Bangalore has secured their inaugural IPL championship by defeating Punjab Kings in the final match. With this victory, RCB has claimed the trophy and a prize money of ₹20 crores.
However, the winning team does not receive the entire prize amount due to applicable taxes. RCB will receive ₹14 crores after tax deductions from the IPL prize money.
Punjab Kings, led by Preity Zinta, finished as the runners-up in the tournament. They will be awarded ₹13 crores in prize money, but like the winners, they will also face a 30% tax deduction. Consequently, Punjab Kings will need to pay ₹3.90 crores in taxes, leaving them with ₹9.10 crores.