MAM
UAE’s International League T20 to be held in Jan-Feb 2023
Mumbai: Emirates Cricket Board has confirmed that the inaugural ILT20 League will be held between 6 January to 12 February 2023. The new league will be called ‘International League T20 (ILT20)’.
Minister of Tolerance and Coexistence and Emirates Cricket Board chairman Sheikh Nahayan Mabarak Al Nahayan said, “Emirates Cricket Board is delighted to welcome Reliance Industries, Kolkata Knight Riders, Capri Global, GMR, Lancer Capital, Adani Sportsline, broadcaster ZEE and all other stakeholders to the newly established T20 League of UAE. Such illustrious, experienced names and entities as partners bode well for the UAE T20 League. Through the commitment of these partners, they have demonstrated confidence in the Emirates Cricket Board as we take the game into the future.”
“As we begin this long journey, I am confident that together we will achieve new heights and in the process provide entertainment and excitement to the millions of fans around the globe who are waiting for the first ball of the UAE T20 League to be bowled. On behalf of the ECB let me assure everyone that whilst being entertained on the field with cricket, you will also be entertained by our traditional UAE hospitality off the field,” he added.
The six-team franchise-style league will be played over a 34-match schedule at world-renowned, world-class venues in UAE.
The tournament will also provide a valuable platform for Emirates Cricket to take developing their local talent to a higher level, where UAE-based players currently integrated into the board’s program, as well as those identified by the high-performance coaching and selection committee teams, will be allowed to train and play alongside some of the world’s best minds of today’s game.
ILT20 chairman Khalid Al Zarooni said, “Emirates Cricket, and the UAE, has a proven history of identifying and embracing initiatives that underpin the success of the game. It is vitally important that through this tournament UAE-based players continue to flourish which is one of the objectives of this league.”
He further added, “The ILT20 wishes to thank His Highness Sheikh Nahayan Mabarak Al Nahayan, Chairman of ECB for his unstinting support to UAE cricket which, under his guidance, has been growing from strength to strength. We look forward to introducing to the world a T20 event that will provide unmatched competition and entertainment to the ardent followers of this game.”
Selection Committee – Emirates Cricket Board chairman Dr Tayeb Kamali said, “The annual ILT20 event presents an excellent exposure for our players given the highly intense and competitive nature of the league. Each of the six teams in the 34-match tournament provides a wonderful opportunity for our young cricketers to play competitive cricket with world-class players.”
“Further, such a unique international league would play a big role in attracting and nurturing a larger pool of players who will go on to represent the UAE in the years to come. We look forward to the inaugural event and our players taking full advantage of the opportunity,” he said.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
