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Saturday, Jun 28, 2025
The government will waive the entertainment tax on theatres from April 1 to December 31 this financial year.
Even if the government grants partial exemption, the board will have to pay at least Rs 227 crore tax, if it wants to host the tournament.
The BCCI encountered a similar problem when it hosted the event in 2016 when the government refused to provide a tax exemption, and there has been no change in New Delhi's stance despite the board's appeals.
Spain's taxman and Ronaldo's advisors made the deal to settle claims the 33-year-old, who has since moved to Italy's Juventus, hid income generated from image rights while he was playing for Real Madrid.
Costa joins a long list of players from Spain's La Liga who have been fined for tax evasion, with Lionel Messi, Cristiano Ronaldo and Iker Casillas among those who have previously appeared in court for similar offences.
In 2017, Ronaldo denied the accusation that he knowingly used a business structure to hide income generated by his image rights in Spain between 2011 and 2014.
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