CRICKET
2023 ICC ODI World Cup: The BCCI has informed the ICC that it's free to take the tournament out of India if it wants. Check the details below.
ICC ODI World Cup 2023, which is scheduled to take place in India, might be moved out of the country due to tax issues with the Indian government. The World Cup 2023 is scheduled to take place in October-November 2023.
International Cricket Council (ICC) has requested that BCCI obtain tax exemptions from the Indian government. According to ICC policy, the host nation must get the necessary tax exemptions from its government. However, the BCCI has informed the ICC that “nothing can be done in this regard” and the governing body is free to take the tournament out of India if it wants, News18 reported.
In 2016 during ICC T20 World Cup, the ICC had managed to host the tournament after they received an interim tax benefit from the Indian tax authorities to hold 10.3 percent surcharge from India’s revenue share, a legal battle the BCCI is fighting right now.
For the 2023 World Cup too, the ICC has managed to procure another such interim tax order, the news website reported. However, this time too, BCCI is unhappy with the development.
The ICC has asked BCCI to get the required tax solutions from the Indian government. But in 2016, the Indian government did not agree to give any exemptions. And so far, there isn't a confirmation that the government might agree to give exemptions this time either.
In 2016, the government had refused exemptions following which the BCCI had lost nearly Rs 190 crore. This amount was deducted by the ICC from India’s revenue share as a tax surcharge, a case that the BCCI has now taken up with the ICC tribunal.
For the 2023 World Cup, the government may once again deny a tax exemption. Meanwhile, the ICC and the BCCI may once again confront each other over the issue as the global body has already raised a tax bill of 21.84 percent (a tax liability of close to Rs 900 crore) from the broadcast revenues for the event, according to News18.
Last time, the ODI World Cup took place in India in 2011, when India also managed to win the tournament. However, at that time, Bangladesh and Sri Lanka were the co-hosts. But in 2023, India is the only host for ODI World Cup 2023.
Is Elon Musk buying McDonald's after Donald Trump's win? Here's what we know so far
Jake Paul vs Mike Tyson live streaming: When and where to watch much-anticipated fight
US takes immigration issue 'incredibly seriously': State Dept amid visa delays
Guru Nanak Jayanti 2024: Are banks closed or open today? Check state-wise list here
Beaver moon 2024 today: All you need to know about 2024's last supermoon
Anil Ambani's Reliance Infra posts Rs 4082 crore profit in 3 months, market cap climbs to Rs...
Meet Prerna Singh, daughter of autorickshaw driver, who cracked NEET-UG, her score was...
Meet woman, who cracked UPSC exam while doing full time job, secured AIR 3, now she is...
Viral video: Little girl wins heart with adorable dance to Janhvi Kapoor’s 'chuttamalle' song, watch
IND vs SA, 4th T20I Dream11 prediction: Fantasy cricket tips for India vs South Africa match
IND vs SA, 4th T20I: Predicted playing XIs, live streaming details, weather and pitch report
Delhi: All primary schools closed, classes shifted to online mode due to rising pollution levels
BIG trouble for Anil Ambani, criminal charges against his Rs 14422 crore company over...
Bhool Bhulaiyaa 3 producer calls Singham Again team 'unfair' after the box office win
From Play to Pay, Gaming Is Big Business And A Genuine Professional Prospect
Leasehold vs Freehold: Exploring Options for Expats and Investors in Dubai
Mukesh Ambani's Reliance, Disney complete Rs 70352 crore media merger, to be headed by...
Badshah lands in legal trouble, case registered against rapper for...
GRAP III imposed in Delhi: What is allowed, what is banned amid 'severe' air quality
'Throwing me in deep end': Ricky Ponting takes fresh dig at Gautam Gambhir over Virat Kohli remarks
Revolutionizing Inventory Management in the Cloud Era: Pradeep Kumar’s Strategic Innovations
Delhi: AAP's Mahesh Khichi elected mayor as party defeats BJP in MCD polls
Delhi Air Pollution: GRAP 3 to be imposed in national capital from Nov 15, strict ban on...
WATCH: Inside Rinku Singh's Rs 3.5 crore luxurious house with rooftop bar, private pool
Renowned Yoga Guru Sharath Jois passes away at 53 after suffering heart attack
NASA alert! Giant 'God Of Chaos' asteroid set for close approach to Earth, may trigger astroquakes
UPPSC protest BIG update: RO-ARO exam postponed, PCS prelims to be held in one day
This man earned more money than Mukesh Ambani and world's richest man Elon Musk in one day, he is...
'World's best....': Japan vlogger's reaction to Bengaluru airport goes viral
Sania Mirza named Sports Ambassador of THIS city, not Delhi, Hyderabad, Jaipur
Shloka Mehta turns heads in sleek white gown at Tira store launch, see pics
Amid Abhishek Bachchan and Aishwarya Rai divorce rumours, Jaya Bachchan surprises everyone with...
IND vs SA: Arshdeep Singh goes past Bhuvneshwar Kumar to become Indian pacer with most....
Mukesh Ambani, Isha Ambani’s luxury retail chain opens new store at...
PM Modi to receive Dominica’s highest national award for...
Shraddha Kapoor says people with big foreheads are…
'Busy making...': Kanhaiya Kumar sparks row with remarks on Devendra Fadnavis' wife; BJP hits back
'Full baarati vibes': Vietnamese man's epic 'nagin dance' steals show at Mumbai event
Tilak Varma credits THIS player for his century against South Africa, says 'He gave me...'
UPSC IFS Mains Admit Card 2024 to be released today at upsc.gov.in, check direct link to download
'Be prepared for...': Rupali Ganguly's stepdaughter Esha Verma REACTS to Rs 50 crore defamation case
Saudi, Iran: Cautious dance toward détente?
Anushka Sharma shares glimpse of Children’s Day special dish for daughter Vamika, son Akaay
Jaw-dropping! Man wraps massive green anaconda around his shoulders, internet says...
Donald Trump plans to end Russia-Ukraine war with THIS move, is expected to 'soon' appoint...
As pollution worsens in Delhi with AQI at 'severe' level, experts at COP29 urge India to...
SDM Assault Case: 60 people arrested in Rajasthan's Tonk
Veg thali cost more than non-veg thali in October, here's why
Land drug trafficking patterns in North-Eastern Region
Shillong Teer Result November 14, 2024: Know updates on lucky winning numbers