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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.

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Number of User Comments: 21

Sub: i t exemption to the cricketers

this is indeed ridiculous !! why do the the politicians make the whole issue a complicated affair it was justa cricket match and the bottomline ...

Posted by madhurjya kotoky

Sub: Height of stupidity

It is ridiculous to give the cricketers a tax break and give them free acres of prime land. They already get so much money from ...

Posted by srikanth

Sub: this is crazy

this absolutely absurd that the most richest indians..... the 'cricketers' dont have to pay taxes but an ordinary guy has to..... why not give the ...

Posted by Cruel Vegetable

Sub: It is incorrect to give the players an I-T exemption

Indian cricketers are the most well paid sportsmen/professional in the country and to give them a tax break is unnecessary and incorrect. Infact the players ...

Posted by Madhav Pai

Sub: IT Exemption for cricketers

Its very wrong this move from the Finance Minister to give IT exemption to cricketers. The Indian cricket team is a professional team, they get ...

Posted by Sunny Jacob


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