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ECC grants income tax exemptions for ICC champions trophy
February 21, 2025

The Economic Coordination Committee of the Cabinet has approved income tax exemptions for the International Cricket Council in connection with the ICC Champions Trophy 2025.

The Committee which met in Islamabad with Finance Minister Muhammad Aurangzeb in the chair decided that these exemptions will be applied to ICC revenues, its subsidiaries, associates, officials, and non-resident delegates.

However, Pakistani residents, including the Pakistan Cricket Board, will remain subject to income tax on their earnings from the tournament.

The Committee also approved a Technical Supplementary Grant of 6.859 billion rupees in favor of Power Division for development expenditures in the current financial year.

ECC also approved the extension of the LNG Framework Agreement between Pakistan LNG Limited (PLL) and SOCAR Trading for another three years.