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 to the Harmanpreet Kaur-led team that finished runners-up in the World Cup had recently made news. BCCI WANTS ICC TO BEAR TAX SHORTFALL On the tax dispute with ICC, the Indian board plans to harden its stand in discussions with the world body. ICC puts the onus on host members to secure tax exemptions for global events and its 2016 T20 World Cup tax issue with BCCI has gone to the Dispute Resolution Committee.

India T20 World Cup World Indian Tax Relief Bcci Cup Host Icc Event Prize Money T20 Wc Odi Wc  money  cup  world  players  icc  income  working  bcci  event  host  t20  wc  tax  relief  prize

History of this topic

Champions Trophy 2025: What to expect in ICC's board meeting on Friday in which it aims to break India-Pakistan deadlock
3 weeks, 4 days ago

Champions Trophy 2025: What to expect in ICC's board meeting on Friday in which it aims to break India-Pakistan deadlock

Firstpost  

The International Cricket Council will hope to finally resolve the dispute that arose between the PCB and the BCCI following the latter’s refusal to send the Indian team to Pakistan for next year’s Champions Trophy. The International Cricket Council will be hopeful of coming to a final decision on next year’s Champions Trophy, a decision that all parties – including …

What was the BCCI prize money for World Cup winners in 2011, 2007 and 1983?
5 months, 2 weeks ago

What was the BCCI prize money for World Cup winners in 2011, 2007 and 1983?

Firstpost  

The BCCI has rewarded Team India with Rs 125 crore for winning the 2024 T20 World Cup, but how much did the players receive after the 2011, 2007, and 1983 World Cup wins? Team India players and head coach Rahul Dravid are set to get richer by Rs 5 crore after BCCI announced a whopping Rs 125 crore prize money …

T20 World Cup Prize Money Breakdown: How will Rs 125 crore be shared among players
5 months, 2 weeks ago

T20 World Cup Prize Money Breakdown: How will Rs 125 crore be shared among players

India Today  

The BCCI had announced a whopping prize money amount of Rs 125 crore for team India after their T20 World Cup 2024 triumph. It has been learnt that the 15 members of the World Cup winning squad will get Rs 5 crore each from the prize money. Breakdown of Rs 125 crore prize money Among the batters, Rinku Singh and …

IPL 2024 Prize money: All you need to know about how much money the winner and runner-up will receive
9 months ago

IPL 2024 Prize money: All you need to know about how much money the winner and runner-up will receive

The Hindu  

When the Indian Premier League got underway in 2008, it not only changed the perception of the game but also brought about a significant change in terms of prize money. The IPL continues to be the premier tournament in the world, offering the highest prize money: Rs 20 crore for the winning team and Rs 13 crore for the runner-up. …

Cricket World Cup 2023 | Allahabad HC Issues Notice To BCCI, UOI On PIL Against Ticket Price Disparities For Matches In Lucknow
1 year, 2 months ago

Cricket World Cup 2023 | Allahabad HC Issues Notice To BCCI, UOI On PIL Against Ticket Price Disparities For Matches In Lucknow

Live Law  

Dealing with a Public Interest Litigation plea highlighting concerns about price disparities in tickets for the ICC Cricket World Cup 2023 matches to be held at Bharat Ratna Shri Atal Bihari Vajpayee Ekana Cricket Stadium, Lucknow, the Allahabad High Court today issued notices to the Union of India, Board of Control for Cricket in India, State Of Uttar Pradesh, online. …

ICC Cricket World Cup | Alleging Discrepancy, PIL In Allahabad HC Challenges BCCI’s Ticket Price Policy For Matches In Lucknow
1 year, 2 months ago

ICC Cricket World Cup | Alleging Discrepancy, PIL In Allahabad HC Challenges BCCI’s Ticket Price Policy For Matches In Lucknow

Live Law  

A Public Interest Litigation plea has been filed before the Allahabad High Court highlighting concerns about price discrepancies in tickets for the upcoming ICC Cricket World Cup 2023 matches to be held at Bharat Ratna Shri Atal Bihari Vajpayee Ekana Cricket Stadium, Lucknow. The PIL plea, filed by one Vipul Tripathi, through advocate Piyush Pathak, has alleged arbitrariness in fixing …

BCCI earns over Rs 2400 crore from IPL 2022
1 year, 4 months ago

BCCI earns over Rs 2400 crore from IPL 2022

The Hindu  

The Board of Control for Cricket in India banked nearly $300 million from last year’s iteration of its Indian Premier League, newly published financial documents have revealed. Former BCCI anti-corruption adviser Neeraj Kumar, who this year published a tell-all book about the board, criticised its secrecy on finances during an interview with Australian media in June. The BCCI auctioned broadcast …

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 …

ICC Board Meet: BCCI gets maximum share from revenue distribution from 2024-2027
1 year, 5 months ago

ICC Board Meet: BCCI gets maximum share from revenue distribution from 2024-2027

The Hindu  

The BCCI reaffirmed its status as the financial powerhouse of world cricket as the ICC unanimously passed the revenue distribution model at its all-powerful board meeting in Durban on Thursday. While the ICC media release didn’t state the quantum of revenue that the BCCI will generate from the new distribution model, it is expected that the Indian board will annually …

ICC unanimously passes revenue model at board meet, India to get maximum share
1 year, 5 months ago

ICC unanimously passes revenue model at board meet, India to get maximum share

India Today  

The BCCI reaffirmed its status as the financial powerhouse of world cricket as the ICC unanimously passed the revenue distribution model at its all-powerful board meeting in Durban on Thursday. While the ICC media release didn't state the quantum of revenue that the BCCI will generate from the new distribution model, it is expected that the Indian board will annually …

BCCI's Share From ICC's Annual Revenue Set To Get Nod Despite Pakistan's Intervention: Report
1 year, 5 months ago

BCCI's Share From ICC's Annual Revenue Set To Get Nod Despite Pakistan's Intervention: Report

ABP News  

New Delhi: The BCCI's share of USD 230 million from the ICC's annual revenue will get approval from the global body during its annual board meeting in Durban where it will also discuss ODIs' future and capping on participation in T20 leagues. Revenue Model One of the topics on agenda is the revenue distribution model and while India's neighbours Pakistan …

Payment Of Compensation To CSA Under Termination Agreement Is Not Taxable Under India-South Africa DTAA, BCCI Not Liable To Deduct TDS: ITAT
1 year, 7 months ago

Payment Of Compensation To CSA Under Termination Agreement Is Not Taxable Under India-South Africa DTAA, BCCI Not Liable To Deduct TDS: ITAT

Live Law  

The Mumbai bench of the Income Tax Appellate Tribunal has held that payment of compensation to Cricket South Africa under the Termination Agreement is not taxable under the provisions of the India-South Africa DTAA.The bench of G.S. The Mumbai bench of the Income Tax Appellate Tribunal has held that payment of compensation to Cricket South Africa under the Termination Agreement …

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's 'Pay Equity' in Match Fee - Tokenism, Not Transformational
2 years, 1 month ago

BCCI's 'Pay Equity' in Match Fee - Tokenism, Not Transformational

The Quint  

Sounds like a perfectly grand move by the board, you'd think. Same Match Fee as Men Credit where credit is due- India's women cricketers will now get Rs 15 lakh for a Test, Rs 6 lakh for every ODI and Rs 3 lakh for every T20I they play. While you celebrate this, you may need to ignore the fact that …

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 …

World Cup 2023: BCCI could lose Rs 955 crore if ICC doesn't get tax exemption
2 years, 2 months ago

World Cup 2023: BCCI could lose Rs 955 crore if ICC doesn't get tax exemption

India TV News  

Highlights India will host next year's 50-over World Cup in October-November It is understood that the BCCI is still trying to negotiate The BCCI's share from the ICC's central revenue pool for the tenure of 2016 to 2023 is USD 405 mn The Board of Control for Cricket in India could lose around Rs 955 crore if the central government …

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 announces compensation for domestic players hit by COVID postponements, hikes match fee
3 years, 3 months ago

BCCI announces compensation for domestic players hit by COVID postponements, hikes match fee

India TV News  

The BCCI on Monday announced that domestic cricketers affected by the COVID-curtailed 2020-21 season will be paid 50 per cent additional match fee as compensation for the disruption and also hiked their remuneration for the upcoming season. "Cricketers who participated in 2019-20 Domestic Season will get 50 per cent additional match fee as compensation for season 2020-21 lost due to …

BCCI announces hike in match fee for domestic cricketers
3 years, 3 months ago

BCCI announces hike in match fee for domestic cricketers

The Hindu  

The Board of Control for Cricket in India has decided to hike the match fee for domestic cricketers. The cricketers who participated in the 2019-20 season will get a 50 per cent additional match fee as compensation for the season lost due to COVID-19. At the moment, the senior domestic men’s cricketers earn ₹35,000 per match for Ranji Trophy or …

BCCI to decide on Ranji cricketers’ compensation with players likely to get 50 percent of total match fees
3 years, 3 months ago

BCCI to decide on Ranji cricketers’ compensation with players likely to get 50 percent of total match fees

Firstpost  

The final decision lies with BCCI president Sourav Ganguly and secretary Jay Shah, who will discuss the topic with the Apex Council members on 20 September. New Delhi: The domestic cricketers, who lost out on Ranji Trophy cricket last season due to COVID-19, are likely to get minimum 50 percent compensation of their total match fees if the BCCI Apex …

Sri Lanka Cricket to bid for three events in the next ICC tournament cycle
3 years, 6 months ago

Sri Lanka Cricket to bid for three events in the next ICC tournament cycle

The Hindu  

Sri Lanka Cricket will bid for three global events - including the two World Cups - in the next tournament cycle that commences in 2024. In a statement on Tuesday, Sri Lanka Cricket said that it will submit the bids for the ICC T20 World Cup, Men’s Cricket World Cup, and the Champions Trophy. "Sri Lanka Cricket, in certain events, …

BCCI to bid for 2025 Champions Trophy, 2028 World T20 and 2031 ODI World Cup during next cycle
3 years, 6 months ago

BCCI to bid for 2025 Champions Trophy, 2028 World T20 and 2031 ODI World Cup during next cycle

India TV News  

Confident that it can easily host big-ticket tournaments every two years, the BCCI on Sunday decided to bid for three global events - including two World Cups in shorter formats - during the next eight-year tournament cycle that starts from 2024. It has been learnt that BCCI will bid for one Champions Trophy, a T20 World Cup and a 50-over …

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 market for IPL, bilateral cricket to shrink with ICC’s event-a-year plan
3 years, 6 months ago

BCCI market for IPL, bilateral cricket to shrink with ICC’s event-a-year plan

Hindustan Times  

Despite much internal turmoil in the International Cricket Council, which also saw the CEO displaced, the alternate commercial view of having a white-ball world event every year has prevailed in its boardroom. With only the Big Three cricket boards having attractive bilateral broadcast deals, the other boards more dependent on revenue from ICC events will benefit from having one global …

Will the BCCI apex council discuss compensation to domestic cricketers?
3 years, 8 months ago

Will the BCCI apex council discuss compensation to domestic cricketers?

The Hindu  

Nearly four months since the Board of Control for Cricket in India’s Annual General Meeting in principle approved a proposal to financially compensate various stakeholders due to a curtailed domestic cricket season, the fraternity is hoping that Friday’s apex council meeting will see a discussion on the issue. READ| “Two IPLs have happened along with three limited-overs tournaments in the …

BCCI apex body to discuss T20 World Cup tax relief
3 years, 11 months ago

BCCI apex body to discuss T20 World Cup tax relief

Hindustan Times  

The Indian cricket board’s Apex Council meeting on Sunday will take up a crucial item listed third on the agenda - “discussion on tax solution for ICC T20 men’s cricket World Cup’. It’s been almost 15 months since the current BCCI office-bearers took charge but a resolution on ensuring government tax exemption for hosting ICC World Cups in India is …

BCCI Apex Council meeting on January 17: Domestic cricket, ICC tax issue on the agenda
3 years, 11 months ago

BCCI Apex Council meeting on January 17: Domestic cricket, ICC tax issue on the agenda

The Hindu  

The Board of Control for Cricket in India ’s apex council is set to decide on the fate of the domestic season when it meets virtually on Sunday. Even though Syed Mushtaq Ali Trophy is already underway, there is not much clarity on the future of the other tournaments, and the apex council is expected to take a call on …

BCCI increases match fee, hosting fee for Syed Mushtaq Ali Trophy
3 years, 11 months ago

BCCI increases match fee, hosting fee for Syed Mushtaq Ali Trophy

The Hindu  

The BCCI on Sunday decided to increase the hosting fee of the six state associations staging the Syed Mushtaq Ali Trophy from Rs 2.5 lakh to Rs 3.5 lakh besides hiking the match fee of players from Rs 50,000 to Rs 75,000. "After receiving the feedback from the staging associations at the recently held AGM in Ahmedabad and the subsequent …

BCCI AGM approves 10 IPL teams from 2022, board backs bid for inclusion of T20 cricket in 2028 Olympics
4 years ago

BCCI AGM approves 10 IPL teams from 2022, board backs bid for inclusion of T20 cricket in 2028 Olympics

Firstpost  

The BCCI plans to get the domestic season underway, after several months’ delay, in January with the Syed Mushtaq Ali T20 championship. Ahmedabad: The BCCI’s governing body on Thursday ratified the entry of two new franchises in the IPL to make it a 10-team affair from 2022 and also decided to back the ICC’s push for cricket’s inclusion in the …

BCCI 89th AGM on December 24: What are the major talking points?
4 years ago

BCCI 89th AGM on December 24: What are the major talking points?

India Today  

The Board of Control for Cricket in India will hold its 89th Annual General Meeting on Thursday in Ahmedabad and the Indian Premier League is set to dominate the agenda with quite a few other important issues up for discussion. Tax exemption for T20 World Cup The BCCI and the International Cricket Council agreed on December 31 deadline for giving …

BCCI AGM: 10-team IPL, tax exemption for 2021 T20 World Cup, cricket in Olympics on agenda among other topics
4 years ago

BCCI AGM: 10-team IPL, tax exemption for 2021 T20 World Cup, cricket in Olympics on agenda among other topics

India Today  

The Board of Control for Cricket in India members are all set to meet on December 24 for its 89th Annual General Meeting in Ahmedabad with quite a few important topics to be discussed. BCCI president Sourav Ganguly and secretary Jay Shah will chair the meet and will discuss about adding two new teams to the Indian Premier League from …

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 …

T20 World Cup: ICC is taking up our India visa issue with BCCI, says PCB CEO
4 years, 2 months ago

T20 World Cup: ICC is taking up our India visa issue with BCCI, says PCB CEO

The Hindu  

The Pakistan Cricket Board wants the ICC to assure visas for its players and officials when India hosts the T20 World Cup in October next year, by January 2021, CEO Wasim Khan has said. The PCB CEO also confirmed that there is “no chance” of an Indo-Pak bilateral series in “foreseeable future” and neither will it be a part of …

No decision yet on men’s T20 World Cup 2020 and women’s ODI World Cup 2021: ICC
4 years, 2 months ago

No decision yet on men’s T20 World Cup 2020 and women’s ODI World Cup 2021: ICC

Scroll  

A decision about the upcoming cricket World Cup tournaments has not been made as the International Cricket Council said on Wednesday that contingency plans will continue to be explored and a final call was unlikely for a month. The ICC board said an agreement was reached to “continue exploring contingency plans regarding the future of the ICC Men’s T20 World …

ICC meeting: BCCI, CA to discuss swapping of T20 World Cup - Cricket News
4 years, 4 months ago

ICC meeting: BCCI, CA to discuss swapping of T20 World Cup - Cricket News

The Hindu  

A discussion on venues for the next two T20 World Cups, finalising election procedure for the next chairman and an update on the next year’s Women’s World Cup in New Zealand are on the agenda of the International Cricket Council Board meeting on Friday. The ICC, while postponing the T20 World Cup in Australia from October-November 2020 to 2022 last …

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