IPL's Crazy Business Model Explained | Abhi and Niyu

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In this video, let's understand why the richest cricket board in the world pays zero income tax! IPL is one of the most popular and commercialized cricket tournament in the world with hundreds of millions of cricket fans watching it worldwide. The broadcast rights of IPL are sold for thousands of crores to the highest bidder.

The title sponsor this year TATA, paid 670 crores for 2 years of title sponsorship to BCCI. Whereas two new teams - Lucknow Super Giants and Gujarat titans were sold for thousands of crores.

After considering all of this BCCI should pay a lot in taxes, but it doesn't. Let's learn why.

Disclaimer: This video is not to malign any party involved, but to educate the audience about information already available in the public domain.

#cricket #IPL #abhiandniyu

A video by Abhiraj Rajadhyaksha & Niyati Mavinkurve

About Us:
Abhi and Niyu is the fastest growing Indian educational YouTube channel. Abhi and Niyu are a husband-wife couple who believe in the power of our youth.

Abhi and Niyu started their page to talk about positive, impactful ideas and to inspire offline action from online content. It was a way to change the way our negative feeds operated and replace negative news with positive, action-oriented news that made some change. They decode and simplify issues for Millenials and believe small steps lead to big outcomes in the future. Their videos span different genres like history, environment, and sustainability, policy discussions, social commentary, economics, personal finance, among others.
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AbhiandNiyu
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I think instead of tax-paying, BCCI should actually invest in other sports too. Promotion of Every Sports in India should be emphasized.

rachitmittal
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I think there should be ammendment in Income tax act that if charitable organisations exceedes certain amout of surplus they should pay tax
Then BCCI like organization will be liable to pay tax

omkarkenchi
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BCCI paying or not paying tax is not the problem, into whose pocket the money goes needs to be investigated

torcherdeath
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BCCI should definitely pay Tax..It would really benefit India's development

vaibhavpatel
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BCCI SHOULD pay taxes and share the profits with the government. It is its moral obligation as well as responsibility that it holds towards the society. Also given that it’s a status quo has changed from when it was allowed exemption from taxes. Clearly and evidently it is involved in the entertainment sector now and should be made to hold accountable of its profit to the nation.
Promotion of cricket is not a charitable need now. It is a business.

pritibaranwal
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Yes, BCCI should pay tax.
Every Individual is playing tax if it exceed the Income Tax slab and the Income tax slab is 5 lakh which is not change from last 2 years. So as per my view BCCI should pay the tax

raysinghrathod
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This channel is very informative and useful and also changing people's mind to various facts, keep shining Abhi and Niyu 👏👏👏

kankanadas
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I was just watching IPL now I just understand about IPL business model 😊 Thank you 🙏🏼

sashwatsrivastav
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I think that BCCI is contributing in our economy and making our indian team to stand out in international level so there is nothing wrong in not paying tax

CoderInRain
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BCCI must pay taxes on part of its income proportionate to entertainment. Spending by BCCI now on IPL is in no way a charitable purpose for Sec-12A

VachanNC
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For taxation of trusts, the following is the income computation (the below is oversimplified)
1. Revenue less operating expenditure
2. Above amount less 15%
3. Any amount utilised for the purposes of trust must be deducted for computation of income

So, BCCI basically does tax planning to carefully utilise it's income towards IPL, World Cup etc. as it is for the purposes of cricket. This is why they are not paying any tax or paying very less tax.

CA_Hariharaniyer
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Found this channel randomly... Now I'm loving it. Thanks Abhi and Niyu! Love you two!

adityagurha
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Of course....they should pay tax because the state of cricket is not the same as it was 20 years ago...and also this can be a very good source for the government revenue

binodpandey
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Abhi durav Rathi video upload kya same ipl different both video

sajalkumarchand
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I believe instead of paying tax BCCI should invest that in sponsoring of others sports in nation and making every sport relevant to Indians in this way Other games would could get investment and development and with this India could become sports capital of the world In return BCCI would get tax free money which help them create your development and India's development

gituparnasarma
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Absolutely..its no more charitable or non profit.. its high time to ask them to pay the taxes as they are earning in millions now and things are poles apart since this was established..

ashwinkhare
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Can you make a video on tax, what is mean by tax?, How it make help to grow economy of our country, what are its pros and cons

pratikmahadik
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The Extra Income can be used better for Women's Cricket Development. As per my knowledge, BCCI has To do more in Development Of Women's Cricket.

viswasmani
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If BCCI is charitable trust and are saving huge taxes, then they should also promote other sports.

yasinbabwani