Tax exemption of Rs.45 Crore given to International Cricket Council for world cup 2011 by rich government
Tax exemption of Rs.45 Crore given to International Cricket Council
for world cup 2011 by rich government
The government today approved income tax waiver of about Rs 45 crore to the International Cricket Council for the ongoing World Cup 2011.
When this meeting was held to discuss to give exemption or not to give exemption the meeting was attended by ICC president Sharad Pawar also.
According to Revenue Secretary Sunil Mitra, the total receipts of the ICC from the ongoing World Cup are Rs 1,476 crore, while the cost for organizing the event is Rs 571 crore. The ICC''s revenue from the broadcast rights is estimated to be Rs 1,062 crore.
ICC is very rich organization.
Why government has given them tax exemption?
For Indian citizens you do not have money thus government is planning to remove subsidy from cooking gas.
There is no money for education there is no money for scholarship of students
Still our government is so rich that we are giving ICC tax exemption.
As ICC gave free 250 world cup tickets so government also gave them tax exemption of Rs.45 Crore.
World cup 2011 Final world cup match at Wankhade Stadium in Mumbai and sell of tickets –
Wankhede Stadium can seat 32,000 people. Only 4000 tickets were made available to common Indian citizens.
4,000 tickets for public sale is the same number which was available in the 1996 World Cup
Indian cricket fans have been lining up at 5 am for the last three days to buy a ticket, unaware that sales were only online.
So where are the tickets?
1.
Sold 40 Corporate Box at the price of 3.75 crores for each box which has 15 seats and rents to owners for 10 years.
2.
Reliance Industries Limited has bought three boxes for over 11 crores. – Mukesh Ambani
3.
Other corporate boxes have been sold to Vijay Mallya's Kingfisher, Tata Consultancy Services and Bajaj and Essar
4.
Most tickets were converted into passes.
5.
Clubs affiliated to the Mumbai Cricket Association have got 14,000 tickets
6.
The International Cricket Council got 8,500 tickets
7.
the board of Control for Cricket in India (BCCI) has a robust quota of 2000
8.
the Maharashtra government got 250 passes for politicians and govt.officers
As a beggar we take money from British Government as aid and on other hand we behave like uneducated Indians.
When you go to voting remember this and then decide to whom vote in the election.
Never ever vote for king who taxes the poor and who gives exemption to rich people.
Be educated.
If possible do not watch the Final match of world cup.
Not possible then just make a resolution that for next one week I will not purchase the products of companies which will show advertisements during the world cup.
If you do nothing then nothing is going to change in India.
Against this tax exemption it is possible to file a Public Interest Litigation.
I just hope someone will file the PIL against this exemption of Rs.45 crore tax exemption.
Reality Views by sm –
Thursday, March 31, 2011
Keywords Tags - ICC world cup no tax, Rs.45 crore tax exemption to ICC, BCCI
wnakhade stadium, world cup final tickets no tickets for Mumbaikars
for world cup 2011 by rich government
The government today approved income tax waiver of about Rs 45 crore to the International Cricket Council for the ongoing World Cup 2011.
When this meeting was held to discuss to give exemption or not to give exemption the meeting was attended by ICC president Sharad Pawar also.
According to Revenue Secretary Sunil Mitra, the total receipts of the ICC from the ongoing World Cup are Rs 1,476 crore, while the cost for organizing the event is Rs 571 crore. The ICC''s revenue from the broadcast rights is estimated to be Rs 1,062 crore.
ICC is very rich organization.
Why government has given them tax exemption?
For Indian citizens you do not have money thus government is planning to remove subsidy from cooking gas.
There is no money for education there is no money for scholarship of students
Still our government is so rich that we are giving ICC tax exemption.
As ICC gave free 250 world cup tickets so government also gave them tax exemption of Rs.45 Crore.
World cup 2011 Final world cup match at Wankhade Stadium in Mumbai and sell of tickets –
Wankhede Stadium can seat 32,000 people. Only 4000 tickets were made available to common Indian citizens.
4,000 tickets for public sale is the same number which was available in the 1996 World Cup
Indian cricket fans have been lining up at 5 am for the last three days to buy a ticket, unaware that sales were only online.
So where are the tickets?
1.
Sold 40 Corporate Box at the price of 3.75 crores for each box which has 15 seats and rents to owners for 10 years.
2.
Reliance Industries Limited has bought three boxes for over 11 crores. – Mukesh Ambani
3.
Other corporate boxes have been sold to Vijay Mallya's Kingfisher, Tata Consultancy Services and Bajaj and Essar
4.
Most tickets were converted into passes.
5.
Clubs affiliated to the Mumbai Cricket Association have got 14,000 tickets
6.
The International Cricket Council got 8,500 tickets
7.
the board of Control for Cricket in India (BCCI) has a robust quota of 2000
8.
the Maharashtra government got 250 passes for politicians and govt.officers
As a beggar we take money from British Government as aid and on other hand we behave like uneducated Indians.
When you go to voting remember this and then decide to whom vote in the election.
Never ever vote for king who taxes the poor and who gives exemption to rich people.
Be educated.
If possible do not watch the Final match of world cup.
Not possible then just make a resolution that for next one week I will not purchase the products of companies which will show advertisements during the world cup.
If you do nothing then nothing is going to change in India.
Against this tax exemption it is possible to file a Public Interest Litigation.
I just hope someone will file the PIL against this exemption of Rs.45 crore tax exemption.
Reality Views by sm –
Thursday, March 31, 2011
Keywords Tags - ICC world cup no tax, Rs.45 crore tax exemption to ICC, BCCI
wnakhade stadium, world cup final tickets no tickets for Mumbaikars
21 comments:
Very informative post
ICC is rolling in money and still manages a tax cut
How stupid of our Govt , When i heard this news yesterday , i left cheated . After all what are going to gain from this tax exemption . Resolution accepted of not buying any product .
A,,
thanks.
BK Chowla,,
thanks.
Team G Square,,
thanks.
yes agree with you
One more stupidity of the govt..makes me feel so frustrated..as it is I never watch cricket, as I find it a game of decadence where time and money both are lost.
Very valid point but when did we have our priorities right? With so much unaccounted money pouring in cricket expect several scams a la IPL Kochi....
India is acting big.
I will not see the world cup finals in TV as a boycott.
Renu,,
thanks.
is waste of time money agree
Alka Gurha,,
thanks.
I have stopped watching cricket matches from the first expose of match fixing. So, I will not watch the finals anyway.
Destination Infinity
Destination Infinity,,
thanks.
Kirtivasan,,
thanks.
awesome
This situation really highlights how money and power often shape decisions in sports, especially when large organizations are involved. Cricket generates massive revenue, and the figures mentioned show that the ICC was far from struggling financially, yet the burden still shifts elsewhere. That imbalance is something people notice not only in governance but also in entertainment industries, where transparency and fair rules matter. In a casino environment, at least the terms are usually clear: you place bets, play slots, and either get a win or you don’t, based on defined rules. That clarity is why some fans prefer controlled platforms like parimatch india, where the system feels more straightforward compared to the opaque financial decisions around big sporting bodies. Whether it’s public funds or personal stakes, people just want fairness and accountability when money is involved.
Discussions like this around tax exemptions for major sporting bodies always raise questions about money, fairness, and where public resources end up. Cricket has a massive audience, and events like the World Cup naturally connect sports, entertainment, and large-scale commercial activity. Today, that connection is even stronger because many fans follow matches, stats, and related entertainment directly on their phone rather than through traditional channels. In that context, digital platforms have become part of how people engage with sports culture, especially when they can use an application they can easily download and install for quick access. That’s why, alongside conversations about big tournaments and finances, casino-style sports entertainment apps such as https://1win-india1.com/app/ often come up, reflecting how mobile technology has changed the way fans interact with sports and related activities.
Honestly, I get why you’re upset about that tax exemption, it does look shady at first glance, but you’re acting like this stuff doesn’t happen everywhere. Governments always justify it as “supporting sports” or “national pride,” even if regular people don’t see the benefit directly. It’s frustrating, yeah, but it’s part of a bigger system. Look at Bangladesh too, where digital platforms like tekka buzz are growing fast — it’s a full online space with sports games, live events, tons of interactive options, and local payments like bKash or Nagad. Money always flows where engagement is, not necessarily where it’s “fair.”
Man this tax exemption story still annoys people because regular citizens in Bangladesh always feel like rules hit them harder than big names. That frustration is valid. But rage alone changes nothing if people don’t also learn smarter money habits and alternative income thinking. Even entertainment sectors evolved; some users now prefer winwin bet because mobile access saves time and gives control over budget play instead of random spending outside. Point is, fairness matters, but personal choices matter too. We can criticize corruption and still become sharper with money ourselves. Sitting mad forever helps nobody, bro.