BCCI will have a task in their hands after the conclusion of 2019 world cup after which the build to the 2021 World T20 and 2023 World cup will start which will be held in India. The peninsular country last hosted a multi team event in 2016 when they contested the 2016 World T20 where they lost to West Indies in a crunch semi-final at Wankhede stadium. Team India made the most of the echoing crowd during the 2011 World cup where they managed to emerge victorious and became the first team to be crowned world champions on their own soil.
However, the future does not look good for the Indian team and the crazy cricket loving Indian spectators as the country is in danger of losing the hosting rights of 2021 World T20 and 2023 World cup owing to government’s strict tax laws.
ICC gets tax exemption from member nations but the same luxury was denied to them by the Indian government in 2016 World T20 which didn’t go well with cricket’s governing body. ICC went through huge financial loss and they demanded BCCI to provide a financial support of US$23m (roughly Rs 160 crore) or risk extreme circumstances.
A media report suggests that BCCI could loss the hosting rights for the two mega events but the governing body still has situation in its control. They can pay the huge tax liability or could say no to the hosting rights.
“If ICC goes ahead with 2021 T20 and 2023 World Cup in India, it may have to cough up more than Rs 150 crore in taxes only.
“Board (BCCI) has tried its best to reach out to the government. We have told ICC to wait till the next government is formed at the Centre before taking the talks further. But ICC chairman (Shashank Manohar) was categorical in saying that BCCI needs to pay all tax liabilities if talks with government do not yield any results after elections,” a BCCI officer was quoted as saying by DNA.
