19-year-old Kylian Mbappé to donate his entire FIFA World Cup salary
Russia, July 1: Kylian Mbappe, the French forward, has secured a spot in the list of great young players. At 19, he is the second most expensive player ever and with such huge World Cup earnings, he is certainly in the richest category. The teenager, however, has displayed his humane sides after disclosing the intention of donating every cent he earns from the World Cup.
Kylian Mbappe, the French forward has essayed a great role in the FIFA World Cup 2018 so far. Proving his mettle, he scored twice against Argentina in the knockouts on Saturday. This edition is Mbappe's debut in the World Cup and France are already counting on him. The world's most expensive teenager, who is supposedly earning a huge amount, has shown his humane side after he disclosed his intention of donating his earnings from the national team - the match fees, to charity.
Born in Paris, in the year 1998, Mbappe currently plays for Paris-Saint Germain in Ligue 1 and was signed for a whopping sum that made him the second-most expensive player in the world. He made his senior international debut for France in 2017 and by scoring against Peru in the group stage of the World Cup, he became the youngest French goalscorer at the World Cup at the age of 19. After scoring two goals against Argentina in the knockout stage, he also became the second teenager after Pele to achieve the feat.
Along with this, he has also displayed maturity beyond his age. He is a patron of the Premiers de Cordée association, a charity that helps organise sporting events for disabled children and has also revealed the intention of donating his earnings from the World Cup, reports say.
Mbappe will give away his match fee and World Cup bonus to charity. Responding on the same, Sebastien Ruffin, director general of Premiers de Cordée, said,“The player’s entourage and his family made us aware of his gesture a few days ago,” People are touched by his gesture as the world awaits to see his journey unfold ahead. All included, his earnings add up to €20,000 - a little over Rs 16 lakh.
Mbappe has established himself as a key player of French team after displaying some amazing talent after scoring two goals against Argentina. The French came in like a storm and quashed the Argentine dream. After winning this knockout match, Les Bleus have progressed to the quarterfinals.
Courtesy: timesnownews.com
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GST Council clarifies on popcorn taxation
Jaisalmer, Dec 21: The GST Council on Saturday agreed to issue a clarification on the taxation of popcorn, stating that pre-packed and labelled ready-to-eat snacks will attract a 12% tax, while an 18% GST will be levied if the popcorn is caramelised.
There is no change in the tax rate for popcorn, and the GST Council has decided that the Central Board of Indirect Taxes and Customs (CBIC) will issue a circular clarifying the current taxation regime for popcorn.
"Ready-to-eat popcorn," which is mixed with salt and spices and has the essential character of namkeens, currently attracts a 5% GST if it is not pre-packaged and labelled.
If it is supplied as pre-packaged and labelled, a 12% GST is levied.
However, when popcorn is mixed with sugar (caramel popcorn), its essential character changes to that of a sugar confectionery, and it would therefore be classified under HS 1704 90 90, attracting an 18% GST, as per the clarification.
