The Central Excise Department today said it has slapped a service tax of Rs 6 crorer on Preity Zinta co-owned KPH Dream Cricket, who are part owners of IPL franchise Kings XI Punjab.
As franchisees gear up for the next IPL season, Bollywood actress Preity Zinta co-owned KPH Dream Cricket Private Ltd continues to be a loss making venture, with accumulated losses of Rs 68.08 crore in 2010-11 from three IPLs already held.
Day in Pics: 4th May
Showbiz World - May 4, 2015
62nd National Film Awards