How much money does BCCI pay as taxes for IPL? ...Middle East

Inside sport - Sport

Every year, the Indian Premier League (IPL) makes a lot of money through auctions, sponsorships, tickets, broadcasting, and streaming rights, among other things. But, have you ever wondered how much money BCCI pays as taxes for IPL? Or is IPL tax free altogether? Let us find out. Is IPL tax free? To note, the IPL body does not pay any taxes for the cash rich league. In 2021, the Income Tax Appellate Tribunal (ITAT), in an appeal filed by the BCCI (Board of Control for Cricket in India), upheld the arguments of the sports body. It stated that even though it’s making money through the IPL, the objective of promoting cricket remains intact and hence its income should be exempt from tax

Hence then, the article about how much money does bcci pay as taxes for ipl was published today ( Monday 18/11/2024 - 11:12 AM ) and is available on Inside sport ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( How much money does BCCI pay as taxes for IPL? )

Last updated : 18 Nov 2024 clock 11:12 AM

Also on site :

How much money does BCCI pay as taxes for IPL? ...Middle East

Red-hot Jannik Sinner enters French Open undefeated on clay following Italian Open victory

LSU Claims Multiple Relay Titles, Finishes With Seven Medals at SEC Championships

PCA Cuts Down the Runner at 3B … Then Flexes on the Stands

Two MotoGP riders in hospital as crashes mar Catalan Grand Prix

Mets’ Jorge Polanco injury dilemma has no end in sight: ‘He’s gonna feel it’

West Ham are on the brink of relegation – and only have themselves to blame after Newcastle defeat

Clay Holmes hopeful he’ll avoid surgery with Mets in injury crisis

Kurt Kitayama makes history with final-round 63 at PGA Championship

Ronda Rousey kisses husband Travis Browne after 17-second win: ‘I wanna have some more babies’

Polymarket Promo Code MILE: Get $50 Bonus for Cavs-Pistons, Any Trade This Week

Eli Manning Sets the Record Straight About the 2004 NFL Draft

Speedo Sectionals Qualifier Alen Cindric Sends Verbal To Brown For Fall 2027

Sherman Lewis, ex-Jet who won four Super Bowls as NFL coach, dead at 83

Check Out Bears Rookie Zavion Thomas at the NFLPA Rookie Premiere

Shai Gilgeous-Alexander to be named NBA MVP for 2nd straight season, per report