BCCI paid INR 46.89 crore to its associates, shoppers in July

Picture Supply : BCCI


Even because the world financial system struggles amid the COVID-19 pandemic, the Indian cricket board distributed Rs.46.89 crore amongst its associates and shoppers, apart from paying Revenue Tax/GST, in July, the Board of Management for Cricket in India (BCCI) has introduced on its web site.

That is a part of the common announcement of funds of over Rs 25 lakh made each month for transparency’s sake. In July, the largest beneficiary is the Himachal Pradesh Cricket Affiliation (HPCA), which has acquired Rs.16.20 crore as “advert hoc advance” in opposition to the quantity because of the physique. It’s only a coincident that the HPCA is the house state of the BCCI treasurer Arun Dhumal.

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The second greatest chunk went to Jharkhand State Cricket Affiliation (JSCA), which acquired Rs.10.80 crore as “advert hoc advance” that it’s entitled to.

The BCCI has shared the small print of the funds made on its web site, BCCI.television. “Particulars for funds made above Rs.25 lakh through the month of July 2020. On July 1, the Tahsildar, Mylapore Taluk was given Rs.3 crore as advance in opposition to quantity due (direct fee to vendor – lease lease for the interval 20.04.20 to 19.04.21). The identical day the BCCI paid Rs.54 lakh as GST (for Tamil Nadu Cricket Affiliation advance in opposition to quantity due – direct fee to vendor – lease lease for the interval 20.04.20 to 19.04.21).

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On July 4, Odisha Cricket Affiliation was given Rs 2.7 crore as advert hoc advance in opposition to quantity as a consequence of it. On the identical day, the BCCI paid Rs.3.52 crore as Revenue Tax (BCCI Statutory Legal responsibility – TDS Cost for the month of June 2020.

On July 15, the BCCI paid one other Rs.41.16 lakh as GST (Statutory Cost- GST Cost of Maharashtra state for the month of June 2020).

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The BCCI transferred Rs.16.20 crore to the HPCA and Rs.10.80 crore on Juky 22.

On July 30, three associations – Arunachal, Mizoram, and Sikkim — acquired Rs.3.24 crore every as adhoc advance in opposition to quantity as a consequence of these.

No nationwide or worldwide cricket has been performed in India for the reason that pandemic reared its head early this 12 months. It’s learnt that many associations have requested for monetary assist from the Indian cricket board just lately following the lockdown.

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Shreya Sharma

Hey this is Shreya From ShoppersVila News. I'm a content creator belongs from Ranchi, India. For more info contact me [email protected]

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