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Travelling to Pakistan for Asia Cup in 2023 in the plans for BCCI: Reports
By SMCS - Oct 14, 2022 2:30 pm
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Team India’s visit to Pakistan for the Asia Cup next year will be subject to the clearance of the government and it is definitely on the agenda of the Board of Control for Cricket in India (BCCI) as well. A BCCI note, circulated among the state associations on Thursday ahead of the October 18 Annual General Meeting (AGM), shared India’s engagements in next year’s multilateral events as well. They are:

india
Team India dominated in Ranchi

Major ICC/multi-nation events in 2023

The Indian team will be participating in the following ICC events in 2023

ICC Women’s T20 World Cup, South Africa

ICC Women’s U-19 T20 World Cup, South Africa

Asia Cup, Pakistan

ICC Cricket World Cup, India

Pakistan are slated to host the 50-over Asia Cup in the second half of 2023 following which the World Cup will take place in India as well. And going by the AGM note, the BCCI is likely to allow on travelling to Pakistan which has been stopped since 2008, when India had taken part in an Asia Cup as well.

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“It will be subject to the clearance of the Government of India as always,” said a BCCI official as well. Meanwhile, another AGM note has also confirmed a Cricbuzz report about the Government of India’s decision to increase the tax outlay on the World Cup as well. However, the BCCI has mentioned that the increased tax outlay means a higher loss of income for them as the cost will have to be given by the BCCI as well and the total cost of the 2023 World Cup is USD 533.29 million as well.

“The ICC has now received a 20% (excluding surcharges) tax order for its broadcast revenue for the 2023 event from the tax authorities in India. The BCCI is currently working with the Ministry of Finance, Government of India and have represented against this 20% (excluding surcharges) tax order at the very highest level and are hopeful that a 10% (excluding surcharges) tax order would be forthcoming shortly,” the note shared earlier.

Team India
Team India

“It is to be noted that any tax cost incurred by the ICC for the 2023 event in India will be adjusted with the BCCI’s share of revenue from the ICC,” the note says, illustrating the point that “The Impact on BCCI’s revenue from the ICC, if a 21.84 % withholding tax order is received by ICC is USD 116.47 million.”

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The note again confirms, “The ICC’s broadcast partner was allowed a lower withholding tax of 10.92% for the 2016 event by the relevant department in the Government of India. This 10.92% amounted to nearly USD 23.5 million. This amount of USD 23.5 million was subsequently deducted from BCCI’s share of ICC revenues. This deduction is being legally contested by the BCCI since then.”

India also hosted the 2021 World Cup but the laws did not apply as it was staged in the UAE. “The ICC Men’s T20 World Cup 2021 was scheduled to be held in India but was shifted to UAE & Oman in the middle of this year due to Covid 19 pandemic related reasons. The BCCI hosted this event with the Emirates Cricket Board and Oman Cricket. Since the event was held outside of India, the same was not subject to any withholding tax by the Indian tax authorities,” the note stated.

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