Indian cricketers may have to share goodies with taxman
Updated On: 11 April, 2011 12:11 PM IST | | IANS
They are being showered with rewards, titles and honorary doctorates after bringing cheer to 1.2 billion Indians by winning the World Cup after a 28-year gap, but the star cricketers will not find the taxman equally benevolent.
They are being showered with rewards, titles and honorary doctorates after bringing cheer to 1.2 billion Indians by winning the World Cup after a 28-year gap, but the star cricketers will not find the taxman equally benevolent.
Tax experts believe although some portion of the largesse doled out to Team India could be tax-free, a whole lot of other goodies like cars or land, and in many cases even cash awards by various organisations and state governments, will come under the tax bracket.


