In the fiscal year 2021–22, the Indian Cricket Board paid Rs 1,159 crore in income tax, a 37% increase over the prior year. Minister of State for Finance Pankaj Chaudhary provided information about the income tax paid by the Indian Cricket Board and its earnings and expenses over the previous five years based on the returns submitted in a written response to a question in the Rajya Sabha.
The Indian Cricket Board contributed Rs 844.92 crore a value lower in income tax in the fiscal year 2020–21 than it did in the previous year when it paid Rs 882.29 crore. The board paid taxes totalling Rs 815.08 crore in FY2019, up from Rs 596.63 crore in FY 2017–18.
The Indian Cricket Board reported revenue of Rs 7,606 crore and expenditures of over Rs 3,064 crore for the fiscal year 2021–2022. Its revenue was Rs 4,735 crore while its expenses were Rs 3,080 crore in 2020–21.
Indian Cricket Board delayed the updated ODI World Cup 2023 schedule and tickets
The Indian Cricket Board is now busy getting ready for the One Day World Cup 2023. India will host the ODI World Cup, which will take place from October 5 through November 19, 2023. The ODI World Cup, which will take place in India, will feature an overall of 10 nations.
There will be World Cup games in 10 Indian cities. The World Cup schedule, which the apex cricket body has recently released, could be altered. England and New Zealand, who both won the 2019 World Cup, will play in the tournament’s opening game.
According to reports, the Indian Cricket Board has been asked by the Cricket Association of Bengal (CAB) to change the date of the 2023 World Cup encounter involving Pakistan and England.
The current match is slated to take place in Eden Gardens on November 12, which also happens to be Kali Puja Day, a Hindu festival. It constitutes one of the greatest holidays in the region of West Bengal, and numerous clubs host large crowds of people for their celebrations.
Fans react as sources reveal income tax paid by Indian Cricket Board during last financial year: –
The BCCI made a revenue of 7,606cr during the 2021-22 fiscal year, and submitted an income tax of 1,159cr. pic.twitter.com/enbBBFyubf
— Mufaddal Vohra (@mufaddal_vohra) August 9, 2023
That’s huge ?
— Abhinav Singh (@ProteinEnforcer) August 9, 2023
Thats only 15%, whereas As per Income Tax Slabs, anything above 15 Lakh to be Taxed at 30%?????
Why relaxation of 15% ? Will @IncomeTaxIndia act on it ?
— Gss (@Gss_Views) August 9, 2023
Call out all those Fin-influencers who were saying BCCI doesn't pay tax
— South Asia on Map (@SouthAsiaOnMap) August 9, 2023
Inn chutiyo se schedule nahi final ho raha. Tickets to bohot door ki baat h. BC bas paise kamaye ja rahe.
— Rohit Pandey (@mniROHIT) August 9, 2023
Kya faida jb west indies ke khilaf bhi nahi Jeet pa rhe
— Aditya Tiwari (@namedaditya) August 9, 2023
That's huge but how they're using that Money
We need to know— Pandu Raj (@CSKianPanduRaj) August 9, 2023
Pakistani log toh amount dekh ke hi marr gaye.
????????????? pic.twitter.com/2vqdBLBV2x— pranav Haval ?? ? (@pranavhaval) August 9, 2023
Still no stadium is world class with all facilities ?
— KL (@007KL_) August 9, 2023
