Government had put a ban on Fashion TV for ten days starting March 12 this year, but on the same day third season of the IPL started. Many people admitted that the tournament provided them the much needed relief and thanked the IPL committee for the benevolence and generosity bestowed upon them. So does that not amount to charity and hence exemption from taxes for IPL? This week’s Sunday Magazine analyzes the issue of tax exemption and evasion by the IPL and also takes a look at the other important events of the last week:
No new cess if people promise to hand over their entire income to us every month: Government of India
BCCI mulls having mini IPL matches for another week for benefit of fans suffering from 'withdrawal symptoms'
Man from Navi Mumbai set to celebrate no matter who wins IPL final,Says both Pune and Mumbai equally far