BCCI must pay tax & host T20 World Cup in India: ex-treasurer Rungta
Thu, Jan 14 2021 21:03 IST |
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The cash-rich Indian cricket board should pay taxes, and not seek exemption from the central government, and host the T20 World Cup in India this year, says former treasurer Kishore Rungta.. Image Source: IANS News
New Delhi, Jan 14 : The cash-rich Indian cricket board should pay taxes, and not seek exemption from the central government, and host the T20 World Cup in India this year, says former treasurer Kishore Rungta.
According to a document of the Board of Control for Cricket in India (BCCI), if the government gives only 10 per cent exemption, it would have to pay $31 million (around Rs.226.58 crore) and if the government rejects exemption completely, then it will have to pay $124 million (around Rs.906.33 crore) provided it is willing to pay the tax from its account and host the prestigious World Cup.