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BCCI to avoid wasting Rs 1500 crore in taxes for three ICC occasions in 2024-31 cycle | Cricket Information – Occasions of India

Admin by Admin
November 17, 2021
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ICC has the same opinion to endure the weight; US, Namibia, Pak get occasions too; Ganguly chairman of technical committee
NEW DELHI: International cricket is headed to the USA of The usa. The Global Cricket Council (ICC) on Tuesday awarded the web hosting rights of the T20 International Cup in 2024 to West Indies and USA. Namibia will even get to play co-host with South Africa and Zimbabwe for the 2027 ODI International Cup. The transfer may company up ICC’s bid to get cricket into the Olympics for the 2028 Los Angeles Video games.
The Indian cricket board (BCCI) has controlled to obtain rights of 3 occasions — 2026 T20 International Cup (with Sri Lanka), 2029 Champions Trophy and 2031 ODI International Cup (with Bangladesh). BCCI additionally discovered a method to save round USD 200 million as ICC determined to endure the tax exemption denied via the Indian executive.
Pakistan gets to host an ICC match after 29 years with the Champion Trophy 2025. The 2009 Champions Trophy was once moved in a foreign country to South Africa for safety causes.
USA has hosted some T20I fits between India and West Indies at Citadel Lauderdale in 2016 and 2019. On the other hand, this might be a big spice up for USA cricket as their nationwide crew gets a right away access into the match. However Namibia should undergo qualification as a result of most effective complete participants of ICC get automated qualification within the ODI International Cup.
“The hosts have been decided on by means of a aggressive bidding procedure overseen via a board sub-committee chaired via Martin Snedden (NZC chairman) at the side of Sourav Ganguly (BCCI president) and Ricky Skerritt (CWI president),” an ICC observation mentioned.
TAX RELIEF FOR BCCI
In some other large building, BCCI has were given a big aid with the ICC agreeing to endure the tax burden of the Indian board which doesn’t get them 10 in step with cent tax exemption from the Indian executive. The ICC will endure the damages for the 3 ICC occasions allocated to India within the 2024-2031 cycle.
TOI understands this will likely lend a hand BCCI save a minimum of US$200 million (Rs 1500 crore) over the route of 3 ICC occasions. The board is slated to incur a lack of round $100 million (Rs 750 crore) for web hosting the 2016 T20 International Cup and the 2023 ODI International Cup. The loss can have swelled to $150 million if the hot T20 International Cup was once performed in India and no longer UAE.
Consistent with resources, BCCI president Sourav Ganguly and secretary Jay Shah introduced up the problem within the ICC board assembly and claimed it was once unfair on BCCI to lose out on the sort of large quantity for no fault of theirs. “Each different cricket board will get tax exemptions from their executive. However BCCI can’t be expecting the central executive to bend its rules for us. Therefore, the entire participants felt that the ICC must endure the damages. Anyway, BCCI generates the heaviest revenues via web hosting occasions in India. The BCCI won’t must undergo any cuts from the ICC’s income pool,” a best BCCI professional advised TOI on Tuesday.
Ganguly replaces Kumble as technical committee chairman
In some other building, Ganguly has been elected because the chairman of the ICC’s technical committee after Anil Kumble finished 9 years within the put up. Ganguly has been increased from being the observer within the committee. The technical committee oversees the enjoying stipulations and rules of the sport.



Tags: BCCICricketCrorecycleEventsiccIndiaKumblemartin sneddenNewsricky skerrittsaveTaxesTimesWorld Cup
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