Get breaking news alerts from myKhel

Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X

ICC asks BCCI to pay Rs 161 crore as compensation

Former BCCI chief Shashank Manohar heads ICC

Bengaluru, December 22: The International Cricket Council (ICC) asked the Board of Control of Cricket in India (BCCI) to pay them around Rs 160 crore to compensate for the tax deductions suffered while hosting the 2016 World T20 in India.

Headed by former BCCI president Shashank Manohar, the ICC, cricket's global governing body, has asked the BCCI to complete the transaction before December 31, 2018 or lose out on hosting the 2021 Champions trophy and the 2023 50-over World Cup - scheduled to be played in India.

The ICC did not get a tax waiver from the Central Government or state ministry and expected BCCI to compensate the same. As per a report published by the Times on India, the BCCI, which is governed by the Supreme Court-appointed Committee of Administrators, has less than 10 days to pay the compensation amount.

The official broadcaster of all ICC tournaments, Star TV, had deducted all taxes before paying the ICC for the World T20 and the global body wants to recover the money through the BCCI.

If BCCI fails to pay the amount in time, the ICC will deduct the amount from India's revenue share for the current fiscal year besides losing the two aforementioned tournaments. The BCCI maintained that it will not pay anything if ICC fails to share the minutes and if ICC deducts the amount, legal action would be sought.

For Quick Alerts
Subscribe Now
For Quick Alerts
For Daily Alerts

    Love Cricket? Prove it! Play myKhel Fantasy Cricket here

    Story first published: Saturday, December 22, 2018, 12:40 [IST]
    Other articles published on Dec 22, 2018
    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Mykhel sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Mykhel website. However, you can change your cookie settings at any time. Learn more