World Cup 2023 likely to start on October 5, BCCI shortlists 11 venues for WC, Final in Ahmedabad, Follow Live Updates
ICC World Cup 2023: ICC ODI WC Schedule – The upcoming ICC Cricket World Cup is likely to kick start on October…
ICC World Cup 2023: ICC ODI WC Schedule – The upcoming ICC Cricket World Cup is likely to kick start on October 5 with the final set to be held at the Narendra Modi Stadium on November 19. The tournament will be held across 11 venues in India with Mumbai, Bengaluru and Kolkata among the venues. The 50-over World Cup marks the return of an ICC event on India’s shores after 7 years and is India’s first attempt at a full World Cup. Follow ICC ODI World Cup LIVE Updates on Insidesport.IN
2023 World Cup Schedule
- The tournament kicks off on October 5, final likely on November 19.
- Narendra Modi Stadium to host final.
- Mumbai, Bengaluru, Kolkata, and Chennai are among the 11 tournament venues.
- 48 matches will be held across 46 days.
As per ESPNCricinfo, the Board of Control for Cricket in India (BCCI) has also shortlisted at least a dozen venues for the marquee cricketing event. The ODI WC venues include Bengaluru, Chennai, Delhi, Dharamsala, Guwahati, Hyderabad, Kolkata, Lucknow, Indore, Rajkot and Mumbai.
The tournament will witness a total of 48 matches across 46 days. BCCI has, however, not specified any venues for matches yet and the cities which will host warm-up matches. This is due to the complications arising due to the receding of monsoon season at different times in different parts of the country.
Pakistan players to get VISA
Usually, ICC announced World Cup schedules a year in advance at least, but BCCI is also waiting for necessary clearances from the Indian government. These include tax exemption and getting visa clearance for the Pakistan team, which has not played a bilateral series against India since 2013. Both teams have only played at ICC events since then. BCCI is learned to have assured that Pakistan teams’ visas will be cleared by the Indian government at ICC’s quarterly meetings last weekend in Dubai.
BCCI vs ICC: Tax Exemption
On the tax exemption issue, BCCI is expected to provide an update to ICC on the exact position of the government on the matter. The tax exemption has been a part of the host agreement that BCCI signed with ICC in 2014. Three events were given to India, the 2016 ICC T20 World Cup, the 2021 T20 World Cup and the 2023 50-over World Cup.
As per the agreement, the BCCI was “obligated” to help out the ICC and their commercial partners in securing tax waivers. Last year, ICC was informed by Indian tax authorities that it would be charged a 20 per cent tax order (excluding surcharges) for its broadcast revenue from the 2023 World Cup.
BCCI to incur tax cost
- BCCI are yet to provide ICC on Indian government’s stance on tax exemption.
- Tax exemption is part of BCCI’s agreement with ICC signed back in 2014.
- The government aims for a 21.84%, which would incur a $116.47 loss for BCCI from ICC’s revenue.
- Should it be revised to 10.92 %, it would significantly decrease to $ 58.23 m
In a note distributed to its members-state associations, BCCI said that any tax “incurred” by ICC would be adjusted against India’s board revenues from ICC’s central revenue pool.
In the note, the BCCI listed the ICC’s estimated broadcasting income from the 2023 World Cup at USD 533.29 million. It said that the “financial impact” it would suffer for a 10.92 per cent tax order would be around UDS 58.23 million (the BCCI’s note listed the figure as USD 52.23 million, which appears to be an error given the percentages listed).
That would more than double to roughly USD 116.47 million if the tax component were to be 21.84 per, as desired by tax authorities in India.
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