banner_ad

Govt yet to give tax relief for World Cup

Others 418 views 1 replies

Less than 40 days are left for the World Cup to begin in South Asia, but the International Cricket Council (ICC) has not received income tax exemption from the Indian government despite having submitted all the relevant papers. While allotting the tournaments owned by it, the ICC seeks a tax exemption guarantee from host countries so that it could manage its profits/foreign exchange generated at the events in the way it deems fit. In 2006, while hosting the Champions Trophy, the Board of Control for Cricket in India (BCCI) had struggled to get tax exemption. It took a senior Congress party leader and his son from Andhra Pradesh to get the required permission from the highest offices of the government. So far, the BCCI has not approached the duo. BCCI officials are, however, hopeful that permission would come soon to enable the 14- nation tournament to take off as planned on February 17. "There is a government policy that supports tax exemption.

Replies (1)

no need for tax ememption for cricket....basic concept of giving tax ememption is to promote something...why should govt. promote cricket, when it is already standing on its own. Red tapism is different thing, which cricket in india don't deserve exemption.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details