I was hinting toward ICC vs BCCI on the tax exemption dispute.
Recent reports suggest that for the upcoming ODI world cup, BCCI could lose close to 100 million dollars in taxes and last time they paid around 25 Million USD.
Ideally any funds received by the BCCI from ICC should be tax-free. Because most of the funds end up as salary for the players (both international and domestic) and these players are paying income tax of up to 43% for this amount. Now if the government taxes the amount at source, then it will amount to double taxation. As far as I know, none of the other countries tax funds from ICC. And in almost all the cases, revenues collected from ICC tournaments are tax-free as well. India is the only country that refuses to provide tax exemption. But in this case, the ICC can't do anything. They can't reimburse the taxes, as it will be unfair to the smaller boards.
If India was a rich country then it would be ideal to argue in favor of not taxing them but that's not the case. Australia and England can afford to give them free hand, rest of the cricketing world hardly matters in terms of revenue generation and given ICC's 80% of revenue comes from India only then it becomes a talking point for the Gov.
BTW, I am not hearing much about the ongoing media rights auction. After the sub-continent auction, ICC seems to have gone completely silent over it.
SKY Sports (UK) sealed the media rights deal with the ICC for 8 years. Both parties are yet to disclose the final price and unofficial reports are that the Australian deal is also done for 4 years.
We should get some details soon, fingers are crossed for some spicy drama.
Regarding BGT.. Iyer is out from the 1st test due to a back injury, he's still in NCA. We are running out of in form middle-order batters, first Pant and now Iyer, arguably the best players of spin in modern cricket. Guess squad needs some changes now.