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How much money does BCCI pay as taxes for IPL? ...Middle East
Every year, the Indian Premier League (IPL) makes a lot of money through auctions, sponsorships, tickets, broadcasting, and streaming rights, among other things. But, have you ever wondered how much money BCCI pays as taxes for IPL? Or is IPL tax free altogether? Let us find out. Is IPL tax free? To note, the IPL body does not pay any taxes for the cash rich league. In 2021, the Income Tax Appellate Tribunal (ITAT), in an appeal filed by the BCCI (Board of Control for Cricket in India), upheld the arguments of the sports body. It stated that even though it’s making money through the IPL, the objective of promoting cricket remains intact and hence its income should be exempt from tax
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