BCCI paid Rs 1,159 crore earnings tax in 2021-22, 37 % increased than earlier fiscal

The Board of Control for Cricket in India (BCCI) paid Rs. 1,159 crore earnings tax within the 2021-22 fiscal, 37 per cent increased than the earlier 12 months.

Replying to a query within the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary gave particulars of the earnings tax paid by the Board and its earnings and expenditure within the final 5 years.

In the monetary 12 months 2020-21, BCCI paid Rs. 844.92 crore in earnings tax, decrease than Rs. 882.29 crore paid in 2019-20. In FY2019, the board paid Rs. 815.08 crore as taxes, increased than Rs. 596.63 crore paid in 2017-18.

In the 2021-22 fiscal, BCCI had earned a income of Rs. 7,606 crore, whereas its expenditure stood at near Rs. 3,064 crore. In 2020-21, its earnings stood at Rs. 4,735 crore and expenditure at Rs. 3,080 crore.

Source web site: sportstar.thehindu.com

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