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Home > Cricket > World Cup 2003 > PTI > Report

Indian team gets I-T exemption

March 02, 2003 17:28 IST

Congratulating the Indian team on winning the match against Pakistan in the cricket World Cup, Finance Minister Jaswant Singh announced that the prize-money earned by the players, individually or as a team, would be exempt from income tax.

"I congragulate the Indian team for exemplary performance against Pakistan yesterday. The prize-money given to players, individually or as a team, will be exempt from income tax," Singh said in a statement on Sunday.

© Copyright 2003 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.



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