{"id":32024,"date":"2026-08-10T06:55:51","date_gmt":"2026-08-10T06:55:51","guid":{"rendered":"https:\/\/stechpharma.com\/yug\/why-bcci-is-not-taxed\/"},"modified":"2026-08-10T09:32:59","modified_gmt":"2026-08-10T09:32:59","slug":"why-bcci-is-not-taxed","status":"publish","type":"post","link":"https:\/\/stechpharma.com\/yug\/why-bcci-is-not-taxed\/","title":{"rendered":"Why BCCI is not taxed?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.bcci.tv\/\"><strong>BCCI&#8217;s<\/strong><\/a> net worth is estimated to be around <strong>2 billion USD<\/strong>. Its <strong>total revenue<\/strong> has exceeded <strong>$15 billion<\/strong> since its inception. The IPL alone contributes <strong>hundreds of millions of dollars<\/strong> annually to BCCI&#8217;s earnings. This is just not it, BCCI receives <strong>38.5% of ICC&#8217;s revenue<\/strong>, amounting to approximately <strong>$231 million per year<\/strong>. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So, if an organisation earns so much, how come it is exempt from paying taxes? Welcome to the most hilarious taxation system in the world. Yes, the <strong><a href=\"https:\/\/www.incometax.gov.in\/iec\/foportal\/\">Indian tax system<\/a><\/strong>.  <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/shutterholictv.com\/operation-sindoor-win-for-india\/\">Read my last article on Operation Sindoor.<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>BCCI Tax 2024 Figures<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/shutterholictv.com\/wp-content\/uploads\/2025\/05\/BCCI-Revenue-2024-1030x644.jpg\" alt=\"BCCI Tax 2024\" class=\"wp-image-9665\" style=\"width:900px\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Board of Control for Cricket in India (BCCI)<\/strong> reported a revenue of <strong>\u20b920,686 crore<\/strong> for the <strong>2024 financial year<\/strong>. This marks an increase of <strong>\u20b94,200 crore<\/strong> compared to the previous year.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Key Revenue Sources<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.sportspro.com\/news\/ipl-broadcast-advertising-revenue-tv-digital-jiostar-april-2025\/#:~:text=The%20Indian%20Premier%20League%20(IPL,US%246.2%20billion)%20until%202027.\">Indian Premier League (IPL)<\/a><\/strong>: A major contributor, with media rights sold for <strong>\u20b948,390 crore<\/strong> in 2022.<\/li>\n\n\n\n<li><strong>Bilateral Series &amp; ICC Revenue<\/strong>: BCCI receives a significant share from international cricket events.<\/li>\n\n\n\n<li><strong>Sponsorships &amp; Broadcasting Deals<\/strong>: Partnerships with major brands and broadcasters.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Comparison with Other Cricket Boards<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Cricket Australia (CA)<\/strong>: \u20b9658 crore.<\/li>\n\n\n\n<li><strong>England &amp; Wales Cricket Board (ECB)<\/strong>: \u20b9492 crore.<\/li>\n\n\n\n<li><strong>Pakistan Cricket Board (PCB)<\/strong>: \u20b9458 crore.<\/li>\n\n\n\n<li><strong>Bangladesh Cricket Board (BCB)<\/strong>: \u20b9425 crore.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">BCCI remains the <strong>wealthiest cricket board<\/strong>, with its revenue surpassing the combined earnings of several other boards.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">IPL is totally tax-free, as the prestigious folks think that &amp; the Income Tax Appellate Tribunal ruled that IPL profits are used for cricket promotion. Amazing! <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Burden on 2% of Middle Class Taxpayers<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/shutterholictv.com\/wp-content\/uploads\/2025\/05\/Exploited-middle-class.jpeg\" alt=\"Exploited middle class tax payer\" class=\"wp-image-9667\" style=\"width:800px\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">In <strong>India<\/strong>, around <strong>86 million<\/strong> income tax returns were filed in the <strong>assessment year 2024<\/strong>. However, not all filers had tax liabilities, as many benefited from rebates and exemptions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Income Tax Collection in 2024<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Total direct tax collection<\/strong>: <strong>\u20b925.86 lakh crore<\/strong>.<\/li>\n\n\n\n<li><strong>Corporate tax<\/strong>: <strong>\u20b912.40 lakh crore<\/strong>.<\/li>\n\n\n\n<li><strong>Personal income tax<\/strong>: <strong>\u20b912.90 lakh crore<\/strong>.<\/li>\n\n\n\n<li><strong>Securities transaction tax (STT)<\/strong>: <strong>\u20b953,095 crore<\/strong>.<\/li>\n\n\n\n<li><strong>Other taxes<\/strong>: <strong>\u20b93,399 crore<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">After refunds of <strong>\u20b94.60 lakh crore<\/strong>, the <strong>net direct tax collection<\/strong> stood at <strong>\u20b921.26 lakh crore<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Tax vs Facilities<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">India&#8217;s <strong>middle class<\/strong> benefits from various tax relief measures, especially under the <strong>new tax regime<\/strong> introduced in <strong>Budget 2025<\/strong>. Here&#8217;s a breakdown of <strong>tax vs. benefits<\/strong>:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Tax Structure for Middle-Class Earners<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Income up to \u20b912 lakh<\/strong> \u2013 <strong>Zero tax liability<\/strong> due to rebates.<\/li>\n\n\n\n<li><strong>Standard deduction<\/strong> \u2013 Increased to <strong>\u20b975,000<\/strong>, reducing taxable income.<\/li>\n\n\n\n<li><strong>Marginal relief<\/strong> \u2013 Prevents steep tax burdens for those earning slightly above \u20b912 lakh.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Key Benefits for Middle-Class Taxpayers<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Higher disposable income<\/strong> \u2013 Reduced tax rates leave more money in hand.<\/li>\n\n\n\n<li><strong>Simplified tax filing<\/strong> \u2013 The new regime is now the <strong>default option<\/strong>, making compliance easier.<\/li>\n\n\n\n<li><strong>Savings on home loans<\/strong> \u2013 Tax exemptions on interest payments under <strong>Section 80CCC<\/strong>.<\/li>\n\n\n\n<li><strong>Senior citizen benefits<\/strong> \u2013 Deduction limits doubled from <strong>\u20b950,000 to \u20b91 lakh<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Impact on the Economy<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Encourages <strong>consumer spending<\/strong> and <strong>savings<\/strong>.<\/li>\n\n\n\n<li>Boosts <strong>investment<\/strong> in housing and financial markets.<\/li>\n\n\n\n<li>Improves <strong>tax compliance<\/strong> by making filing easier.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>middle class<\/strong> stands to gain significantly from these reforms, ensuring <strong>lower tax burdens<\/strong> and <strong>higher financial security<\/strong>. Let me know if you need insights on tax-saving strategies!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Now all this has been told to you, and you have been brainwashed to such an extent that you do not believe that the middle class is actually not getting any benefit. It&#8217;s the upper class and the higher upper class and elites who take away all the benefits. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Most of the tax collected is distributed to useless people as freebess for luring them to vote. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Freebess Culture<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/shutterholictv.com\/wp-content\/uploads\/2025\/05\/Freebess-Culture.jpeg\" alt=\"Freebess Culture\" class=\"wp-image-9668\" style=\"width:800px\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The debate around <strong>freebies vs. welfare<\/strong> is ongoing, with concerns about how excessive handouts impact economic growth and fiscal stability. Some government freebies that have been criticised for being <strong>inefficient or unsustainable<\/strong> include:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Examples of Controversial Freebies<\/strong><\/h3>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>Free Electricity &amp; Water<\/strong> \u2013 While beneficial for low-income households, excessive subsidies strain state budgets.<\/li>\n\n\n\n<li><strong>Farm Loan Waivers<\/strong> \u2013 Often seen as a short-term political move rather than a long-term agricultural reform.<\/li>\n\n\n\n<li><strong>Free Laptops &amp; TVs<\/strong> \u2013 Distributed in some states, but critics argue they don\u2019t contribute to economic productivity.<\/li>\n\n\n\n<li><strong>Cash Transfers Without Work Requirements<\/strong> \u2013 Direct cash handouts can discourage employment and economic participation.<\/li>\n\n\n\n<li><strong>Free Public Transport for All<\/strong> \u2013 While helpful for some, blanket free transport schemes can lead to revenue losses.<\/li>\n\n\n\n<li><strong>Gold &amp; Luxury Items<\/strong> \u2013 Some states have promised gold for weddings, raising concerns about the misuse of public funds.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Supreme Court of India<\/strong> has raised concerns about the growing trend of political parties offering freebies before elections, questioning whether such policies create dependency. While some argue that freebies help the poor, others believe they <strong>burden taxpayers<\/strong> and <strong>reduce incentives for work<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What needs to be done?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Balancing <strong>freebies<\/strong> and <strong>economic stability<\/strong> requires a nuanced approach where welfare programs uplift the needy without straining public finances or discouraging productivity. Here\u2019s how policymakers can strike the right balance:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>1. Prioritising Productive Welfare Over Handouts<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Invest in education &amp; skill development<\/strong> rather than unconditional cash transfers.<\/li>\n\n\n\n<li><strong>Focus on employment generation<\/strong> instead of blanket subsidies.<\/li>\n\n\n\n<li><strong>Encourage entrepreneurship<\/strong> with microfinance and startup support.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2. Reforming Freebie Policies<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Targeted subsidies<\/strong> \u2013 Ensure benefits reach only the truly disadvantaged.<\/li>\n\n\n\n<li><strong>Sunset clauses<\/strong> \u2013 Limit freebies to a specific period instead of making them permanent.<\/li>\n\n\n\n<li><strong>Conditional benefits<\/strong> \u2013 Tie welfare to employment, education, or civic responsibilities.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>3. Encouraging Fiscal Responsibility<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Limit debt-funded giveaways<\/strong> \u2013 Avoid excessive borrowing for populist measures.<\/li>\n\n\n\n<li><strong>Transparency in budgeting<\/strong> \u2013 Disclose how freebies impact long-term fiscal health.<\/li>\n\n\n\n<li><strong>Public-private partnerships<\/strong> \u2013 Engage businesses in sustainable social initiatives.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>4. Learning from Global Models<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Countries like <strong>Germany &amp; Singapore<\/strong> focus on <strong>skill-building programs<\/strong> rather than freebies, ensuring sustainable economic growth. Adopting such strategies in India can help balance welfare with financial prudence.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why is BCCI not taxed where in a common man earning just 4 lacs is supposed to give away 5% of his income.<\/p>\n","protected":false},"author":1,"featured_media":32492,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_theme","format":"standard","meta":{"postBodyCss":"","postBodyMargin":[],"postBodyPadding":[],"postBodyBackground":{"backgroundType":"classic","gradient":""},"footnotes":""},"categories":[216],"tags":[],"class_list":["post-32024","post","type-post","status-publish","format-standard","has-post-thumbnail","category-daily-postsinspirational-storiesstart-blogging"],"_links":{"self":[{"href":"https:\/\/stechpharma.com\/yug\/wp-json\/wp\/v2\/posts\/32024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stechpharma.com\/yug\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stechpharma.com\/yug\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stechpharma.com\/yug\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stechpharma.com\/yug\/wp-json\/wp\/v2\/comments?post=32024"}],"version-history":[{"count":1,"href":"https:\/\/stechpharma.com\/yug\/wp-json\/wp\/v2\/posts\/32024\/revisions"}],"predecessor-version":[{"id":32266,"href":"https:\/\/stechpharma.com\/yug\/wp-json\/wp\/v2\/posts\/32024\/revisions\/32266"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stechpharma.com\/yug\/wp-json\/wp\/v2\/media\/32492"}],"wp:attachment":[{"href":"https:\/\/stechpharma.com\/yug\/wp-json\/wp\/v2\/media?parent=32024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stechpharma.com\/yug\/wp-json\/wp\/v2\/categories?post=32024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stechpharma.com\/yug\/wp-json\/wp\/v2\/tags?post=32024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}