March 18, 2012 9:41 AM

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IPL players, TV reality show judges to pay service tax

The government proposes to bring in sports persons participating in non-recognised sports events like Indian Premier League (IPL) under the service tax ambit from next fiscal.

Central Board of Service Tax Chairman S K Goel told reporters in New Delhi that participants in non-recognised formats of sports like IPL will now pay a service tax of 12 per cent.

Also, participants in TV reality shows will come under the service tax net. However, services provided to a recognised sports body by an individual as a player, referee, umpire, coach figures have been exempted from the tax net.

Besides, as per the Budget proposal, television personalities, musicians, entertainers and sportspersons, including IPL players, will have to shell out 20 per cent of their income generated in India as tax.

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