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Q.

In a relief to the International Cricket Council, the government today approved tax exemption of about Rs 45 crore for incomes from the ongoing World Cup.
Is this justified ?

Tags: cricket, money, sports
Asked by venkatesaldevarajan, 31 Mar '11 08:21 pm
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Answers (6)

 
1.

1) Absolutely NOT.
2) GOI is behaving like a feudal lord.
3) It says it does not have funds to start good schools, provide healthcare, and take care of talented sportsmen and women. But it has the audacity to throw away tax payers money to make the rich richer. It is the height of lunacy on the part of GOI.
Answered by Tony Fernandez, 31 Mar '11 10:01 pm

 
  
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2.

Though not justified but may be due to pressure from sharad pawar
Answered by Ramesh Agarwal, 31 Mar '11 09:10 pm

 
  
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3.

Though it is not adviseable to comment on government's decision, perhaps there may be a substantial reason behind it, one can certainly observe disparity in such decisions. Zubin Mehta left India, assuring that he will not come back to India with his team, because the foundation is left with nothing for charity after paying tax on income from his concert. Therefore, how the government is going to justify both these incidents is a matter to be clarified about its policies in this respect.
Answered by jim elzabad, 31 Mar '11 08:31 pm

 
  
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4.

No it is not justified, but then who is the head of BCCI and ICC ? a member of the cabinet who has taken the decision to exempt tax
Answered by rajnikant raiyarela, 31 Mar '11 08:25 pm

 
  
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5.

I think Tax exemtion is not fair for the games which fetch multi crores of rupees.
Answered by kanthilal, 31 Mar '11 08:23 pm

 
  
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6.

No not at all.
HIGHLY CONDEMNABLE
Answered by hitler, 31 Mar '11 08:21 pm

 
  
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