The CICCS Control Council in India (BCCI) has declared a significant increase in its financial situation, the banking sales increasing from Rs 14,627 has been believing since 2019. According to a report disseminated among the state associations, the BCCI banking balance was at RS 20.686 crore of the previous year, with substantial provisions made for income taxes and For the fiscal year 2023-24.The Honorary Secretary of the BCCI has informed members of substantial finance growth in the past five years, as detailed in the state of the accounts presented at Ag 2024.“The honorary secretary has informed the members that since 2019 since 2019, the BCCI cash and banking balance has increased from 6,059 Core INR, which was before describing any amount to the State Cricket Association at 20,686 INR crores,” reports Cricbuzz, citing part of the AGM of 2024.The General Fund for the Board of Directors has also experienced considerable growth, going from Rs 3,906 to be believed to Rs 7,988 has been believing since 2019, marking an increase of Rs 4,082 crore.The BCCI canceled RS 3,150 crosses for income tax obligations during the year 2023-24, while continuing to pursue calls in various courts.“The BCCI has provided 3,150 INR crores to income tax obligations for the financial year 2023-24. Although BCCI is on the right track before the courts and the courts, it nevertheless made arrangements to pay all the obligations which could occur towards tax.”The rights of the media of the board of directors of international devices RS at 813.14 INR of RS 2,524,80 crosses the previous year, mainly due to less matches at international home during the period of the ICC 2023 Cricket World Cup.The raw revenue of international tours and international male events showed a decrease in Rs 361.22 crosses against 642.78 Rupes of rupees compared to the previous year.BCCI’s investment income has shown solid performance, with interest income on bank deposits reaching RS 986.45 crore, compared to 533.05 Rupes the previous year.The Board of Directors reported a surplus of RS 1,623.08 crores, an increase in Rs 1,167.99 crosses the previous year, mainly allocated to the increase in distributions of SURPLUS IPL 2023 and CIC.The BCCI has allocated substantial funds for development initiatives, including RS 1,200 Core for infrastructure development, 350 INR crores for a platinum jubilee charity and 500 breakers for cricket development infrastructure.The board of directors has also made important arrangements for state cricket associations, with Rs 1 990.18 crore allocated for 2023-24 and a projected allowance of RS 2 013.97 crores for 2024-25.These financial allowances reflect BCCI’s commitment to the development and support of cricket to former players, while retaining strong budget management and growth in various sources of income.
