Saina taxed Rs 70 lakh for unpaid Deccan Chronicle money

Last Updated: Thursday, October 11, 2012 - 10:58

Zeenews Sports Bureau

Hyderabad: Saina Nehwal, who was the brand ambassador of Deccan Chronicle, the owner of IPL team Deccan Chargers, is yet to receive money she was supposed to get as part of her endorsement deal with the company.

Saina was the brand ambassador of the Deccan Chronicle before she signed a Rs 40-crore deal with Rhiti Sports in July this year.

Since Deccan Chronicle also managed her endorsement deals, the money she earned through her endorsement deals also used to come through her managers at DC.

As per a report in The Times of India, this year she was supposed to get around Rs 3-4 crore as part of her deal with the DC but has not yet received any money. The tax authorities, however, have served a notice of Rs 70 lakh on her projected annual earnings from her contract with the company.

It is learnt that Saina paid the tax and then approached the DC authorities to pay her the money but has not received any response yet.



First Published: Thursday, October 11, 2012 - 18:05

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