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BCCI AND TAXATION
BCCI to finalise team India jersey sponsorship in two weeksThe BCCI is set to finalize Team India's jersey sponsorship within two weeks following the tender process, with bids due by September 16. A...- No tax for BCCI, but 40% GST for IPL fans: Harsh Goenka slams govt's latest tax moveHarsh Goenka criticizes the new GST structure. It raises taxes on IPL tickets to 40 percent. This contrasts with the tax exemptions for the...
- Bengaluru professor asks for more focus on research to help India surpass US, China, and GermanyThe Indian Premier League generates massive revenue. The author proposes taxing a portion of IPL profits. These funds could boost research ...
- Should Budget 2025 restore the 182-day residency rule for visiting NRIs and PIOs?The Finance Act 2020 has introduced new tax residency rules for non-resident Indians (NRIs) and People of Indian Origin (PIOs), complicatin...
- View: Charitable institutions' tax benefits were bound to garner controversyThe tax controversy centres around a variety of issues. In the context of educational and medical institutions, their 'sole' objective need...
- Growing revenues will lower fiscal deficit: Revenue SecretaryTarun Bajaj on Friday said that the country's fiscal deficit will come down once revenues start to grow. Speaking at a webinar organised by...
- Crypto bill confounds funds; IPL teams fume over crypto diktatWhile some blockchain and crypto funds are rethinking their strategies in case the government bans cryptocurrencies, others remain bullish,...
- IPL not liable to tax, it's sport promotion, rules ITATThe Income Tax Appellate Tribunal (ITAT), in an appeal filed by the BCCI, upheld the arguments of the sports body that even though it's mak...
- Bengal Chamber of Commerce and Industry launches its third certificate course on indirect taxesThe course covers excise, customs, GST, service tax, CENVAT credit rules value added tax, FTP etc. under the overall guidance of Timir Bara...
- Lodha wants cricket betting legalised, but who will bell the cat?“A recommendation is made to legalise betting (with strong safeguards), except for those covered by the BCCI and IPL regulations," the repo...
- Supreme Court put to task Centre, CBI, BCCI & Sahara for their actsSinha faced embarrassment in twilight of his career as court not only removed him from 2G scam cases but also observed charge against him o...
- Ex-minister, freedom fighter and former BCCI administrator NKP Salve passes awayNKP Salve is survived by his son Harish and daughter Arundhati. Harish Salve is a leading lawyer and a former solicitor general of India.
- Govt expects over Rs 300 crore in taxes from IPL-4As per an estimate calculated by the Revenue department, the IPL will fetch about Rs 150 crore each under the direct (IT) and indirect (ser...
- Tax officials to keep a close watch on IPL auction proceedingsEnforcement and tax officials will keep a close watch on the proceedings of players auction for IPL-4 which will see as many as 350 top cri...
- Meet the legal eagles who’re the real game-changersNever new to controversies, the former Union law minister and senior SC counsel was born on September 14, 1923, in Sind.
- I-T asks IPL franchisees to reveal details of offshore stakeholdersPreity Zinta of KXIP, SRK and Jay Mehta of KKR are among the team owners the I-T sleuths have approached. List of shareholders in all the 8...
- Oppn to petition PM for JPC probeAs more skeletons tumble out of the IPL cupboard, pressure is building up on the Manmohan Singh government for a Joint Parliamentary Commit...
- IPL Row: Fate of Lalit Modi hangs in balance after I-T raidA number of tax officers on Thursday visited the IPL headquarters in Mumbai and sought details of the tournament’s revenue streams.
- Kochi IPL franchise under I-T scannerTHE Kochi franchise of IPL, which is embroiled in a raging controversy over its ownership, has come under the scanner of the IT department.
- Taxmen are keeping an eye on IPL revenueIPL officials fear the franchisees and BCCI could suffer losses worth Rs 200 cr due to shift in venue.
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