India’s youngest World Chess Champion, D. Gukesh, has received a monumental gesture from the Finance Ministry, which has agreed to waive the heavy tax on his prize money following an appeal made by The Philox. Gukesh’s historic victory against China’s Ding Liren in the World Chess Championship earned him ₹11.34 crore, but was initially overshadowed by the prospect of a ₹4.67 crore tax burden. It was a tribute by the Finance Ministry to exempt Gukesh from this tax to honor his brilliance and not let his victory get blemished. This was an encouragement for young talent in India and set precedent for supporting national heroes.