The Board of Control for Cricket in India (BCCI) paid a staggering £1,159 crore in income tax for the 2021-22 fiscal year, a 37% increase from the previous year. This significant rise in tax contribution mirrors the board's substantial revenue growth, which reached £7,606 crore in the same period, while expenditures were around £3,064 crore. These figures were revealed in a written response in the Rajya Sabha, highlighting the BCCI's strong financial standing and its considerable impact on the nation's economy.
The Board of Control for Cricket in India (BCCI), the apex governing body for cricket in the country, made a substantial contribution to the nations finances during the 2021-22 fiscal year. The BCCI demonstrated its financial responsibility by paying a remarkable Rs 1,159 crore in income tax, marking a noteworthy increase of 37 percent compared to the preceding year.
This information was unveiled through a written response in the Rajya Sabha, where Minister of State for Finance, Pankaj Chaudh
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FAQ :
The BCCI paid £1,159 crore in income tax for the 2021-22 fiscal year.
BCCI's income tax payment saw a notable increase of 37 percent in the 2021-22 fiscal year compared to the preceding year.
The BCCI's revenue reached an impressive £7,606 crore during the 2021-22 fiscal year.
The BCCI's expenditure for the 2021-22 fiscal year stood at nearly £3,064 crore.
The BCCI paid £844.92 crore in FY2020-21 and £815.08 crore in FY2019, showing a consistent upward trend in tax contributions over recent years.