Sunday, March 23rd, 2025

How much does BCCI earn from Rohit’s sixes, how much tax is received by the government


Last update:

Union Budget 2025: BCCI earned Rs 18,700 crore in the year 2023-24 and paid a tax of Rs 4,298 crore. The Indian Cricket Board then paid Rs 2,038 crore as GST. BCCI’s tax exemption …Read more

The BCCI earns a thick money match from the bodcast every year. (News18)

Highlights

  • BCCI earned Rs 18,700 crore in 2023-24.
  • BCCI paid a tax of Rs 4,298 crore.
  • Payed Rs 2,038 crore as GST.

Union Budget 2025: We and you would have seen Virat Kohli and Rohit Sharma a lot of fours and sixes on the cricket field. Fans’ beating also increases with each shot. India won the match or not, but the BCCI’s pockets are always full. The general budget 2025 is being presented in the country today. Middle classes are expected to be very expected from this budget. Have you ever thought how much tax is given to the BCCI government in the world’s most powerful cricket board? What is the source of BCCI’s earnings or where it spends his/her earnings. Let us introduce you to the BCCI budget on the occasion of the general budget today.

In the year 2023-24, BCCI earned a total of Rs 18,700 crore. During this, he/she also filled tax of Rs 4,298 crore. As GST, BCCI paid Rs 2,038 for 2022-23 and 2023-24. The BCCI Income Tax Act is claiming tax exemption from the central government under Section 11 of 1961. However, the department has clearly refused to give exemption to BCCI. Currently, this matter is under consideration in court. Section-11 gives exemption for income received from the property kept under the trust for religious purposes.

How much GST did BCCI give?
The BCCI is an autonomous institution that is registered under the Tamil Nadu Society Registration Act 1975. Last year, Minister of State for Finance Pankaj Chaudhary in Parliament had said in a written reply that BCCI is charged at the rate of 28 percent on services like Indian Premier League. The GST revenue collection from BCCI during the financial years 2022-23 and 2023-24 was Rs 2,038.55 crore. It was told that the BCCI does not get any kind of grant from the Sports Ministry of the Central Government.

What are BCCI’s earnings and expenses?
Talking about the BCCI’s earnings, he/she earns crores of rupees by selling the broadcast rights of the match of IPL and Indian cricket team. Apart from this, their advertisements on the clothing of the Indian team and the Indian team’s players also earns them. Talking about the expenditure, the BCCI gives money to the State Cricket Association for development. Apart from this, the salary of the players and the ICC are also given a hefty amount from BCCI every year.

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How much does BCCI earn from Rohit’s sixes, how much tax is received by the government

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