The Economic Times – MUMBAI: The International Cricket Council ( ICC ) has put the proverbial gun to the head of the Board of Control for Cricket in India BCCI ), asking it to cough up US $23 million (roughly Rs 160 crore) before December 31 to compensate for the tax deductions incurred in hosting the 2016 World T20 in India.

Summary

  • MUMBAI: The International Cricket Council ( ICC ) has put the proverbial gun to the head of the Board of Control for Cricket in India BCCI ), asking it to cough up US $23 million (roughly Rs 160 crore) before December 31 to compensate for the tax deductions incurred in hosting the 2016 World T20 in India.
  • BCCI has been reminded of this demand, mentioned in the minutes of ICC’s board meeting in Singapore in October.
  • The international body has threatened that should BCCI fail to do the needful, it will deduct that amount from India’s revenue share for current financial year.
  • “The ICC hasn’t provided any minutes to the BCCI yet,” sources in the know told TOI.
  • “Time and again, Shashank has targeted BCCI for his own personal agenda,” say members.


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