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World Cup 2023 expected to kick off on October 5 and conclude on November 19
World Cup 2023 expected to kick off on October 5 and conclude on November 19
29 June 2023 Authorbjbajian
"The ICC Cricket World Cup, which will be the
major cricket event of 2023 and will be held in India, is anticipated to start on October 5
and finish on November 19. The final 12 locations for the big event have reportedly been
decided by the Board of Control for Cricket in India (BCCI), with the final taking place in
Gujarat's Narendra Modi Stadium. Further to Ahmedabad, the cities of Bengaluru, Chennai,
Delhi, Dharamsala, Guwahati, Hyderabad, Kolkata, Lucknow, Indore, Rajkot, and Mumbai have
been nominated to host World Cup games. There will be 48 overall matches, including three
knockout games, in the prestigious competition, which will last 46 days.
ESPNCricinfo claims that due to the potential of rain posed by the conclusion of the monsoon
season at various places in various regions of the country, the BCCI has not decided on the
locations for any other match than the final and not even the warm-up games.Normally, the
International Cricket Council (ICC) releases the World Cup schedule a year in advance, but
this time, they are holding off while the BCCI receives approval from the Indian government.
Getting a tax exemption for the major event and securing World Cup visas for Pakistani
players are the two primary problems.
Despite the fact that Pakistan and India no longer play cricket against one another on a
bilateral basis, the two nations still compete against one another in ICC competitions.
Pakistan last played a series in India in 2012–13, and they most recently did so to compete
in the 2016 ICC T20 World Cup. At the ICC's quarterly meetings held last weekend in Dubai,
the BCCI assured the governing body that Pakistani players would get their visas cleared.
The BCCI is expected to update the ICC on the Indian government's stance regarding the tax
exemption issue in the near future. The agreement between the BCCI and the ICC, signed in
2014, included a tax exemption clause for three men's events that India was awarded to host:
the 2016 T20 World Cup, the 2018 Champions Trophy (later rescheduled to the 2021 T20 World
Cup and moved to UAE and Oman due to the pandemic), and the 2023 ODI World Cup. The
agreement stipulated that the BCCI was obligated to assist the ICC and its partners in
securing tax concessions.
The 2023 World Cup broadcast earnings would be subject to a 20% tax order, the Indian tax
authorities informed the ICC last year (excluding surcharges). In a communication to its
members and state organizations, the BCCI stated that any taxes ""incurred"" by ICC will be
""adjusted"" against the Indian board's revenues from ICC's central revenue pool..The BCCI
noted that the ICC's expected broadcasting revenue from the 2023 World Cup was USD 533.29
million. The BCCI's letter listed the sum as USD 52.23 million, which seems to be an error
given the percentages provided, and claimed that a tax order of 10.92% on that would have a
""financial impact"" on the firm of around UDS 58.23 million. If the tax component were to
be 21.84%, as the Indian tax authorities want, it would more than quadruple to almost USD
116.47 million.
"