BCCI contributes INR 68 crore to exchequer in Oct. payments

Board of Control for Cricket in India

The Board of Control for Cricket in India has contributed INR 68 crore towards GST and Income Tax payments for the month of September. The payments are released last month.

The BCCI has officially released the list of the payments of INR 25 lakh and above made during the month of October. Goods and Services Tax heads the table. The board has paid INR 57,57,48,755 in the “yourself account” towards the Goods and Service Tax payments. Next come two payments of INR 8.27 crore and INR 2.29 crore in the Income Tax head.

Ravi Shastri is the recipient of the highest individual pay packet from BCCI in the month of October.  The Indian cricket team head coach has been paid INR 2.2 crore on account of the professional fees for the 18.10.17 to 17.01.18 period. The payment released on October 27 is an indicator that the coach’s professional fee is being released in advance.

Jasprit Bumrah, Umesh Yadav, Rohit Sharma, Ajinkya Rahane, Yuvraj Singh, Shikar Dhawan, R Ashwin, Kedar Jadhav, Hardik Pandya, Dinesh Karthik, Virat Kohli, Ravindra Jadeja, MS Dhoni, Bhubaneswar Kumar and Mohammad Shami have received INR 38,67,703 each on account of share from the ICC Champions Trophy 2017.

Former Team India speedster Lakshmipati Balaji has received a “one-time benefit” of INR 50 lakh.

The BCCI has also paid $4.25 lakh (INR 2.75 crore) to Cricket Australia as an ad hoc payment towards “release fee for IPL 2016”.

Madhya Pradesh Cricket Association, Vidarbha Cricket Association and Cricket Association of Bengal received INR 1.74 crore, while Baroda Cricket Association and Andhra Cricket Associations were INR 1.33 crore and INR 2.18 crore respectively. All payments are made on account of international match hosting fee or reimbursement for Ranji Trophy, zonal or junior cricket tournaments.