Rs 200 cr as Taxes from IPL T20 Season 3
Government is expected to rake in more than Rs 200 crore as taxes from the third edition of the Indian Premier League (IPL) T20 cricket tournament.
According to Finance Ministry sources, the taxes would be accrued as Tax Deducted at Source (TDS) from the remuneration paid to players, umpires, coaches, commentators amongst others under the income tax category while advertising, marketing and consultancy services of the sporting extravaganza will be taxed under the service tax bracket.
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