BCCI paid record Rs 1,159 crore tax last year and over Rs 4,200 crore in last five years
1 year, 4 months ago

BCCI paid record Rs 1,159 crore tax last year and over Rs 4,200 crore in last five years

India TV News  

The Board of Control for Cricket in India reportedly paid Rs 1,159 crore in income tax last year and almost Rs 4,300 crore in the last five years. Shiv Sena's Anil Desai raised a query in the Rajya Sabha asking whether the BCCI has made any income tax payments in the last five years. Whether the BCCI has made any income tax payments during the last five years, and if so, could the specifics be elucidated? The BCCI paid Rs 596.63 crore in income tax for the 2017-18 financial year but has paid over INR 800 crore each in the last four years.

India Tax Income Tax Income Crore Bcci Last Five Years  board  record  payments  paid  income  million  bcci  cricket  4200  tax  rs  crore  1159

History of this topic

BCCI sees huge profit, earns Rs 4200 crore more after astronomical IPL viewership
6 days, 7 hours ago

BCCI sees huge profit, earns Rs 4200 crore more after astronomical IPL viewership

India Today  

BCCI's healthy bank balance got healthier this year with an approximate increase of Rs 4200 crore, taking the overall earnings to a whopping Rs 20,686 crore. Back in June 2022, the IPL media rights were sold for an astronomical Rs 48,390 crore for a five-year period. In the FY24-25, the BCCI is expected to earn Rs 10,054 crore with the …

India's Tax Filers Surge Fivefold, With 52% of Salaried Individuals Reporting Income Over Rs 1 Crore
2 months ago

India's Tax Filers Surge Fivefold, With 52% of Salaried Individuals Reporting Income Over Rs 1 Crore

ABP News  

India's tax filers have seen a significant surge in recent years, with the number of individuals reporting taxable incomes exceeding Rs 1 crore surging fivefold in the assessment year 2023-24. This growth has been driven by both an increase in the total number of taxpayers and an increase in the number of individuals with taxable incomes exceeding Rs 1 crore.

BCCI likely to earn highest share of ICC's annual revenue during 2023-2027 cycle, PCB fourth highest in list
1 year, 7 months ago

BCCI likely to earn highest share of ICC's annual revenue during 2023-2027 cycle, PCB fourth highest in list

India TV News  

The Board of Control for Cricket in India could earn around Rs 9 billion from the next five-year cycle between 2023-2027 from ICC's share of annual revenue. This is still not official but an influential ICC member said that it is just a matter of time before BCCI is officially given around $231 million from ICC's annual revenue of $600 …

BCCI treasury increases by Rs 6000 crore in three years, says Dhumal
2 years, 2 months ago

BCCI treasury increases by Rs 6000 crore in three years, says Dhumal

The Hindu  

The Board of Control for Cricket in India ‘s treasury has increased by nearly Rs 6000 crore in the last three years, the Board’s outgoing treasurer Arun Dhumal informed the members at the Annual General Meeting on Tuesday. In his note, Dhumal mentioned that when the current team took charge of the Board from the CoA in 2019, the BCCI’s …

BCCI could lose ₹955 crore if ICC doesn't get tax exemption from govt for WC
2 years, 2 months ago

BCCI could lose ₹955 crore if ICC doesn't get tax exemption from govt for WC

Hindustan Times  

The BCCI could lose around ₹955 crore if the central government sticks to its decision to levy 21.84 percent tax surcharge on ICC's broadcast revenue from the 2023 ODI World Cup, according to a Board report. Since India's tax rules don't allow such exemptions, the BCCI has already lost close to ₹193 crore as the government didn't exempt tax surcharge …

BCCI's Income Tax Exemption Can't Be Revoked Just Because IPL Makes Profits : ITAT
3 years, 1 month ago

BCCI's Income Tax Exemption Can't Be Revoked Just Because IPL Makes Profits : ITAT

Live Law  

The Income Tax Appellate Tribunal has held that the Board of Control for Cricket in India is entitled to registration under Section 12A of the Income Tax Act, which makes it eligible for tax exemption, despite the launch of the Indian Premier League Tournament.The ITAT held that just because IPL is structured in a more profitable manner, the exemption cannot …

BCCI working to get tax relief for players on ICC prize money
3 years, 6 months ago

BCCI working to get tax relief for players on ICC prize money

Hindustan Times  

The gloomy English weather could possibly mean Virat Kohli’s men have to share the $1.6 million ICC prize money with New Zealand as joint winners of the World Test Championship. “This would not only benefit the men but also India’s women’s team that did so well in the 2020 T20 World Cup in Australia.” BCCI’s late disbursement of prize money …

BCCI Prioritising Profits & IPL Over Indian Cricket & Cricketers
3 years, 6 months ago

BCCI Prioritising Profits & IPL Over Indian Cricket & Cricketers

The Quint  

BCCI in a Position to Help Another reason the BCCI could afford financial losses in this matter, rather than players and officials suffer any further due to the delay, is simply because the board has the resources. According to the financial reports posted on the BCCI's website, in the last financial year, they paid Rs 5 crore, Rs 150 crore, …

BCCI earns Rs 4,000 crore in revenue from IPL 2020, says treasurer Arun Dhumal
4 years, 1 month ago

BCCI earns Rs 4,000 crore in revenue from IPL 2020, says treasurer Arun Dhumal

India TV News  

After successful hosting of IPL 2020, which culminated earlier this month in the UAE, Board of Cricket Control of India has revealed it has earned Rs 4,000 crore in revenue after the cash-rich league saw a significant rise in tv viewership as it became the first Indian sporting event to be telecast since the COVID-19 pandemic. And now BCCI treasurer …

BCA now eligible for Rs 125 crore from BCCI
4 years, 5 months ago

BCA now eligible for Rs 125 crore from BCCI

The Hindu  

The Baroda Cricket Association has conducted its 79th Annual General Meeting, in which the members approved the audited accounts for four financial years. “The Apex council resolved to hold on-line AGM and facilitated members to send vote by postal ballot. The strong resolve of BCA president Pranav Amin and the apex council gave a stunning victory for the newly elected …

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