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Indian cricket squad`s prize money exempt from Income Tax
New Delhi, March 02: Congratulating the Indian team for winning the World Cup cricket match against Pakistan, finance minister Jaswant Singh today announced that the prize money earned by them individually or as a team would be exempt from Income Tax.
New Delhi, March 02: Congratulating the Indian team for winning the World Cup cricket match against Pakistan, finance minister Jaswant Singh today announced that the prize money earned by them individually or as a team would be exempt from Income Tax.
"I congratulate the Indian team for exemplary performance against Pakistan yesterday. The prize money given to players, individually or as a team, will be exempt from income tax," Singh said in a statement here.
Bureau Report
Bureau Report