CL T20 tournament to swell Delhi govt's kitty
The upcoming matches of Champions League T20 cricket tournament will fetch Delhi government little over Rs three crore by way of entertainment tax.cricket Updated: Oct 08, 2009 15:07 IST
The upcoming matches of Champions League T20 cricket tournament will fetch Delhi government little over Rs three crore by way of entertainment tax.
The city will host eight matches of the competition and government will earn Rs 3.18 crore as entertainment tax from these matches, Delhi government officials said.
The tournament to be participated by top T20 teams from India, Australia, England, South Africa, Sri Lanka, New Zealand and West Indies, will begin on September 8 and Delhi will host its first match the next day.
The officials said the government was also considering imposing entertainment tax on fashion shows as well.
The Delhi government is facing a slump in revenue collection in the current fiscal prompting Chief Minister Sheila Dikshit to her officials to look for ways to meet the shortfall.
Officials said the government reported a fall of over Rs 400 crore in collection of tax revenue in the first four months of the current fiscal.