According to a report in PTI, Saurav Ganguly led BCCI Annual General Meeting has approved 10 teams for the Indian Premier League(IPL). The 10 teams will be allowed from IPL 2022 season. 

BCCI has also promised to compensate the stakeholders in domestic cricket in case the domestic season is curtailed due to the pandemic.

BCCI general body approves 10-team IPL from 2022 edition at its AGM in Ahmedabad

— Press Trust of India (@PTI_News) December 24, 2020

All first-class players, both men and women, to be suitably compensated for curtailed domestic season due to COVID-19 pandemic: BCCI source

— Press Trust of India (@PTI_News) December 24, 2020

BCCI to back ICC's bid for cricket's inclusion in 2028 Olympics after some clarifications from IOC: Board Source

— Press Trust of India (@PTI_News) December 24, 2020