The International Cricket Council (ICC) has threatened the Board of Control for Cricket in India (BCCI) to withdraw hosting of next year's T20 World Cup. He has told the board that he has the right to snatch the 2021 T20 World Cup from him. In fact, the BCCI has failed to get a tax rebate from the Government of India for the tournament, while the ICC was seeking tax exemption for it.
Quoting an e-mail between the ICC and BCCI during the last 2 months, ESPNcricinfo said that the ICC had asked the BCCI to resolve the problem by May 18 this year. At the same time, the BCCI wants to extend the deadline to June 30 citing the Kovid-19 epidemic. The ICC has rejected this demand of the board.
However, this is not the first time that the ICC has created a ruckus over the matter. In 2016, the tax authorities in India did not give tax exemption to the T20 World Cup. Due to which the ICC deducted about 150 crore rupees from the revenue of BCCI. The ICC sells media rights to its programs for eight-year circles, including the men's and women's T20 and ODI World Cups and the Under-19 (U-19) World Cup. This is his biggest source of income. That is why it demands tax exemption from the countries hosting these competitions.
ICC sources claim that India is the only country where such competitions are not getting tax exemption. Even in the case of 2016, the ICC did not pay the tax directly to the Government of India. The money that Star Sports had to pay to the ICC was given as tax. In return, the ICC deducted the amount of BCCI's share. The ICC first warned the BCCI in February 2018 that they might lose the T20 World Cup as well as hosting the 2023 ODI World Cup. In fact, if the Indian government did not give tax exemption to these contests, the ICC could suffer a loss of $ 100 million (about Rs 756 crore).
The BCCI has said in an email sent to the ICC that BCCI is making all efforts to get tax exemption in view of the current situation, but in the current circumstances, which are beyond the control of BCCI, obtaining the requisite approval / consent from the government. Is not possible for The BCCI has asked the IBC (ICC's business unit) to give time till 30 June 2020 or 30 days after the lockdown is lifted.