In this video, let’s understand why the richest cricket board in the world pays zero income tax! IPL is one of the most popular and commercialized cricket tournament in the world with hundreds of millions of cricket fans watching it worldwide. The broadcast rights of IPL are sold for thousands of crores to the highest bidder.
The title sponsor this year TATA, paid 670 crores for 2 years of title sponsorship to BCCI. Whereas two new teams – Lucknow Super Giants and Gujarat titans were sold for thousands of crores.
After considering all of this BCCI should pay a lot in taxes, but it doesn’t. Let’s learn why.
Disclaimer: This video is not to malign any party involved, but to educate the audience about information already available in the public domain.
#cricket #IPL #abhiandniyu
A video by Abhiraj Rajadhyaksha & Niyati Mavinkurve
Abhi and Niyu is the fastest growing Indian educational YouTube channel. Abhi and Niyu are a husband-wife couple who believe in the power of our youth.
Abhi and Niyu started their page to talk about positive, impactful ideas and to inspire offline action from online content. It was a way to change the way our negative feeds operated and replace negative news with positive, action-oriented news that made some change. They decode and simplify issues for Millenials and believe small steps lead to big outcomes in the future. Their videos span different genres like history, environment, and sustainability, policy discussions, social commentary, economics, personal finance, among others.