India’s crowning sport, cricket may soon lose the privilege of hosting the International Cricket Council Champions Trophy in 2021 as the body is looking for alternate venues. India was initially named the hosting country in December last year by the BCCI for the championships in 2021 and for the 2023 ODI World Cup. Now it seems, it might lose the hosting rights as the government of India refuses to give the organizing body tax redemptions for the event.
After a Board meeting on February 9, ICC made the announcement through a statement. "In other matters, the Board expressed their concern around the absence of a tax exemption from the Indian Government for ICC events held in India despite ongoing efforts from both the ICC and BCCI to secure the exemption which is standard practice for major sporting events around the world,”
ICC alleges that tax redemptions for hosting major sports events like the world championships is the standard norm but India is refusing to give any to the body. The body zeroing on another venue could serve as a big blow to India’s reputation as being the hotbed of cricket.
"The Board agreed that ICC management, supported by the BCCI will continue the dialogue with the Indian Government but in the meantime directed ICC management to explore alternative host countries in a similar time zone for the ICC Champions Trophy 2021,” mentioned the board while not completely loosing hope of receiving tax redemption.
The question remains whether or not the Modi government will relent to give the country’s most commercialized sport, cricket, its due tax relaxation. Read More