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ICC T20I WC 2021: Host BCCI May End Up Paying Rs 906 Crore Tax
The cash-rich Indian cricket board could end up paying up to a massive Rs 906 crore tax if the Union government declines to grant a full tax exemption for staging the ICC T20 World Cup in the country this year. Even if the government grants a partial exemption, the board will have to pay at least Rs 227 crore tax, if it wants to host the tournament.
With the World Cup just 10 months away, the International Cricket Council (ICC) has earmarked the United Arab Emirates (UAE) as a backup venue to host the seventh edition of the tournament. The Board of Control for Cricket in India (BCCI) has already missed a couple of deadlines -- December 31, 2019, and December 31, 2020 -- and now the pressure mounts on it to decide quickly if it wants to host the prestigious tournament. An official said that the new and revised deadline is in February.
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