BCCI paid Rs 1,159 crore income tax in 2021-22 — 37% higher than last year
The Board of Control for Cricket in India (BCCI) has paid Rs 1,159 crore income tax in the 2021-22 fiscal, 37 per cent higher than the previous year.
In a written reply to a question in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary gave details of the income tax paid by the BCCI and its income and expenditures in the last five years based on the returns filed.
In the financial year 2020-21, BCCI paid Rs 844.92 crore in income tax, lower than Rs 882.29 crore paid in 2019-20.
In FY2019, the board paid Rs 815.08 crore as taxes, higher than Rs 596.63 crore paid in 2017-18.
In the 2021-22 fiscal, BCCI had earned a revenue of Rs 7,606 crore, while its expenditure stood at close to Rs 3,064 crore.
In 2020-21, its income stood at Rs 4,735 crore and expenditure at Rs 3,080 crore.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
09:55 PM IST