Television

ICC withholds BCCI dues; but cricketers to be paid

NEW DELHI: India's cricket World Cup squad can finally look forward to lay their hands on the prize money they earned for their commendable run to the finals in South Africa, but the BCCI (Board for Control of Cricket in India) may not be smiling as ICC has held back between $ 8-9 million due to the BCCI as guarantee money for any possible claims made by the sponsors of the event, the Global Cricket Corporation.

The participation of the Indian cricket team in the recently-concluded World Cup in South Africa was always on tenterhooks. Till the last moment Indian cricketers, backed by the BCCI, had not signed on the dotted lines, aka as the ICC's diktat, on certain clauses 

relating to advertising, image rights, etc.

The International Cricket Council (ICC) this week released a cheque of over $900,000 to the Indian cricket board for the squad members for their brilliant display in world's biggest cricketing event, highly placed sources 

in the BCCI said, according to a PTI report.

But the ICC has released the money with the condition that 30 per cent of the amount must be kept aside as a cover for tax demand, if any, from the local regulators of the 2003 World Cup, the South African Revenue Service.

"Though the South African regulatory body has not so far made a tax demand of 30 per cent on the prize money released, it is something which could still be made in near future, according to the ICC instructions received by us," the PTI report quoted a top board official as saying.

The ICC did not hold back the prize money only in the case of Indian cricket team, but they did the same with the rest of the participating nations as well, including winners Australia.

A winner in the league stage of the World Cup received $10,000. The winnings jumped to $40,000 for the winners in the Super Six stage; $400,000 in the semifinals and $2,000,000 in the final. The runner-up's share was $800,000.

The Indian players are fortunate to have received tax exemption from finance minister Jaswant Singh for their sterling performance in the World Cup, unlike cricketers from some other countries including minnows Kenya who have gone public in their appeal to the government to waive tax.

Kenyan captain Steve Tikolo, whose team became the first non-Test playing side to reach the semifinals of the World Cup, recently made a request to his government to waive the tax on income from the World Cup."We did a good job for the nation which the government should appreciate and give us a tax waiver," he said.

Though ICC has released the prize money due to the Indians, it has held back another "$8-9 million due to the BCCI as guarantee money," for any possible claims made by the sponsors of the event, the Global Cricket Corporation (GCC), for breach of contracts on the players' contracts issue, the PTI report stated.

The ICC has similarly held back $3.5 million guarantee money due to the England Cricket Board (ECB) for their refusal to play in Zimbabwe during the World Cup and $2.5 million dollars due to New Zealand Cricket (NZC) for 

deciding against playing in Kenya.

Besides the considerable prize money, most of the Indian players are already richer by more than Rs 70 lakhs each as match fees and sponsor's logo money 

from the cricket board for their participation in the World Cup.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/26/ipl.jpg?itok=Kx126Oo_
Arnab Goswami to lead IPL finale debate on Star Sports

MUMBAI: Prior to the IPL finale, viewers will witness an interesting debate led by Republic World co-founder, MD and editor-in-chief and TV most prolific face Arnab Goswami. The theme of the debate is who will win the world’s toughest finals? The show will see cricket experts led by team Dean...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/25/mnx.jpg?itok=b--2gVnf
MNX launches Super League chatbot

No one can ignore India’s crazy love for cricket, including English movie channels. MNX, the new age Hollywood channel for young India launched the very innovative MNX Super League chatbot, an interactive avatar of its TV show ‘MNX Super League’ on Facebook.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/25/porus.jpg?itok=cz1OH3uq
Porus reaches 10 Asian countries

MUMBAI: Porus is travelling internationally. The mythological show being aired on Sony Entertainment Television has made its entry in Malaysia, Vietnam, Cambodia, Brunei, Laos and Myanmar through JKN Global Media and in Indonesia with Soraya Intercine Films. Porus is now being watched in 10 Asian...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/25/MUNCH.jpg?itok=Q0kBzHw6
India News Manch - Modi Sarkar Kitni Asardaar? India News Conclave to Analyze Modi Government’s Four Years in Power

India News, known for its direct and unbiased brand of journalism, is all set to host a special conclave Manch – Modi Sarkar, Kitni Asardaar? (How Effective Has the Modi Government Been?) in New Delhi on Friday, May 25, 2018. The day-long event will present a comprehensive overview of the BJP...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/25/rekha.jpg?itok=ExfdDvbS
How relevant is the age old Lakshman Rekha in today’s times; questions &TV with Mitegi Lakshman Rekha!

Ravan’s abduction of Sita highlighted the consequences of crossing the ‘Lakshman Rekha’ for generations. However, with the talks of gender equality, women’s liberation and financial independence, amongst others, being the topic of global discussion, how relevant is this ‘Lakshman Rekha’ in today’s...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/25/anmol.jpg?itok=f-BJ33Wt
Zee Anmol most watched channel across genres

BENGALURU: Zee Entertainment Enterprises Ltd (Zeel) free to air (FTA) Hindi GEC Zee Anmol has reached the realm that has been normally occupied by the Sun TV Network’s flagship Tamil GEC Sun TV or by one of the Hindi channels that has been airing the Indian Premier League. What is remarkable is...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/25/Star%20Sports.jpg?itok=RfDxBBn0
Star India mulls adding VR to PKL 6

MUMBAI: Star India is taking the Indian Premier League (IPL) experience to other sports. After a phenomenal reception for using virtual reality (VR) in IPL 2018, it is diversifying into Pro Kabaddi League (PKL) season six.

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/25/megha.jpg?itok=HUy8yJ6a
BTVI to leverage digital mediums for growth

MUMBAI: English business news channel BTVI is completing two years in August this year. The company was transformed from Bloomberg TV India after Bloomberg decided not to renew its deal with Business Broadcast News. BTVI got its COO Megha Tata in 2016 at the same time it got its new name. 

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/24/zeetv_0.jpg?itok=Pu75zUWg
Zee TV the leader amongst GECs

As per the recently released BARC HSM weekly data (Urban + Rural) for week 20 ’18, Zee TV has claimed the top position in Hindi GEC space with 316640 impressions in HSM and 199155 impressions in urban markets and saw a robust growth across its primetime fiction shows. The channel continued to be a...

Television TV Channels GECs

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories