<< Return to the news list

India wants millions in taxes from F1

  • Published on 04 May 2017 14:22
  • 5
  • By: Rob Veenstra

The return door to India seems to have closed for formula one. Three Indian grands prix were held near Delhi until 2013, when bureaucratic hurdles ended the deal.

And now, those bureaucratic hurdles seem higher than ever before, with India's supreme court ruling that that the sport owes the government millions in tax.

"We have held that (F1 has) income that is attributable in India (and) will be taxed. The amount that is to be taxed is to be assessed by an assessing officer," the judges ruled.

Local reports said India is seeking 40 per cent of the total business income of the races. (GMM)

F1 News

Replies (5)

Login to reply
  • mclarenfan1968

    Posts: 1,027

    LOL land of thieving politicians who have the judiciary in their pockets.

    Pot. Kettle. black. Cute

    • + 0
    • May 4 2017 - 15:47
  • calle.itw

    Posts: 8,527

    ... Why do they think F1 has income that is attributable to India?

    • + 0
    • May 4 2017 - 15:58
    • k.gandhiin

      Posts: 17

      Because F1 is a company and if they earn money from India they'll have to pay the tax. This is how Indian system works, nobody will get any kind of concession from Indian Tax Dept. :-)

      ED dept of India will soon visit Europe for some discussion.

      • + 0
      • May 4 2017 - 20:12
    • calle.itw

      Posts: 8,527

      I understand that, its the same with most countries, however F1, as far as I know, doesnt do too much business directly with India at the moment, at least not since the Indian GP was last held.

      • + 0
      • May 4 2017 - 21:20
  • k.gandhiin

    Posts: 17

    Bernie is a well known Vampire who only lured promoters to suck some money from country in the name of so called "F1 Brand" and delivered nothing.

    Kudos to Indian SC for giving such verdict. But 40% looks too much to me.

    • + 0
    • May 4 2017 - 20:06

Related news
Total queries: 4
Total time: 0.12024688720703
timesincestartcallerannotatebtdesc
0.000601
instantiate query log (0Q - total module time: 0.00081491s)
""
0.001424
boot (0Q - total module time: 0.00017500s)
""
0.001603
translation-init (1Q - total module time: 0.00129318s)
""
0.000358820.002521/var/www/dev-priyantha.gptoday.net/public_html/index.php/var/www/dev-priyantha.gptoday.net/public_html/vendor/doctrine/dbal/lib/Doctrine/DBAL/Statement.php:189(stopQuery)
/var/www/dev-priyantha.gptoday.net/public_html/app/Repository/Redirect.php:105(execute)
/var/www/dev-priyantha.gptoday.net/public_html/app/Entities/Redirect.php:112(findByOrigin)
/var/www/dev-priyantha.gptoday.net/public_html/app/Services/Redirects.php:108(getRedirectOrFalse)
/var/www/dev-priyantha.gptoday.net/public_html/app/Router.php:115(checkForDBRedirects)
/var/www/dev-priyantha.gptoday.net/public_html/app/website.php:260(execute)
/var/www/dev-priyantha.gptoday.net/public_html/index.php:11(require_once)
SELECT redirects.id, redirects.origin, redirects.referer FROM redirects WHERE redirects.origin = :origin ORDER BY id 
{"origin":"\/en\/amp\/news\/f1\/225672\/india-wants-millions-in-taxes-from-f1"}
0.002899
controller::news/f1/225672/india-wants-millions-in-taxes-from-f1 (2Q - total module time: 0.08336711s)
""
0.008121970.003821/var/www/dev-priyantha.gptoday.net/public_html/app/Controllers/News.php/var/www/dev-priyantha.gptoday.net/public_html/vendor/doctrine/dbal/lib/Doctrine/DBAL/Statement.php:189(stopQuery)
/var/www/dev-priyantha.gptoday.net/public_html/app/Repository/Article.php:389(execute)
/var/www/dev-priyantha.gptoday.net/public_html/app/Controllers/News.php:127(findNextArticle)
{"function":"F1T\\Controllers\\{closure}","class":"F1T\\Controllers\\News","object":{"current_page":"news"},"type":"->","args":[]}
/var/www/dev-priyantha.gptoday.net/public_html/app/Services/Cache.php:144(call_user_func)
/var/www/dev-priyantha.gptoday.net/public_html/app/Controllers/News.php:158(lazyFetch)
/var/www/dev-priyantha.gptoday.net/public_html/app/Controllers/News.php:47(action_Index)
/var/www/dev-priyantha.gptoday.net/public_html/app/Router.php:269(dispatch)
/var/www/dev-priyantha.gptoday.net/public_html/app/Router.php:195(_load)
/var/www/dev-priyantha.gptoday.net/public_html/app/website.php:260(execute)
/var/www/dev-priyantha.gptoday.net/public_html/index.php:11(require_once)
SELECT Articles.ArticleId AS ArticleId, Articles.RewriteUrl AS RewriteUrl, Articles.ArticleType as ArticleType, Articles.Category as Category, Articles.cntnlang AS cntnlang, RacingSeries.RewriteUrl AS RacingSeriesRewriteUrl FROM Articles INNER JOIN RacingSeries ON Articles.RacingSerieId = RacingSeries.RacingSerieId WHERE Articles.cntnlang = :siteLang AND Articles.SiteId = :siteId AND Articles.Activated = 1 AND Articles.PublishDate < :publishDate AND Articles.ArticleType IN (:param0, :param1, :param2) AND Articles.ArticleId > :articleId ORDER BY Articles.ArticleId ASC LIMIT 1
{"siteLang":"en","siteId":"1","publishDate":"2025-12-12 12:45:00","articleId":225672,":param0":"Nieuws",":param1":"LiveRaceReport",":param2":"Liveblog"}
0.060406920.011969/var/www/dev-priyantha.gptoday.net/public_html/app/Controllers/News.php/var/www/dev-priyantha.gptoday.net/public_html/vendor/doctrine/dbal/lib/Doctrine/DBAL/Statement.php:189(stopQuery)
/var/www/dev-priyantha.gptoday.net/public_html/app/Repository/Article.php:318(execute)
/var/www/dev-priyantha.gptoday.net/public_html/app/Controllers/News.php:128(findPrevArticle)
{"function":"F1T\\Controllers\\{closure}","class":"F1T\\Controllers\\News","object":{"current_page":"news"},"type":"->","args":[]}
/var/www/dev-priyantha.gptoday.net/public_html/app/Services/Cache.php:144(call_user_func)
/var/www/dev-priyantha.gptoday.net/public_html/app/Controllers/News.php:158(lazyFetch)
/var/www/dev-priyantha.gptoday.net/public_html/app/Controllers/News.php:47(action_Index)
/var/www/dev-priyantha.gptoday.net/public_html/app/Router.php:269(dispatch)
/var/www/dev-priyantha.gptoday.net/public_html/app/Router.php:195(_load)
/var/www/dev-priyantha.gptoday.net/public_html/app/website.php:260(execute)
/var/www/dev-priyantha.gptoday.net/public_html/index.php:11(require_once)
SELECT Articles.ArticleId AS ArticleId, Articles.RewriteUrl AS RewriteUrl, Articles.ArticleType as ArticleType, Articles.Category as Category, Articles.cntnlang AS cntnlang, RacingSeries.RewriteUrl AS RacingSeriesRewriteUrl FROM Articles INNER JOIN RacingSeries ON Articles.RacingSerieId = RacingSeries.RacingSerieId WHERE Articles.cntnlang = :siteLang AND Articles.SiteId = :siteId AND Articles.Activated = 1 AND Articles.PublishDate < :publishDate AND Articles.ArticleType IN (:param0, :param1, :param2) AND Articles.ArticleId < :articleId ORDER BY Articles.ArticleId DESC LIMIT 1
{"siteLang":"en","siteId":"1","publishDate":"2025-12-12 12:45:00","articleId":225672,":param0":"Nieuws",":param1":"LiveRaceReport",":param2":"Liveblog"}
0.086269 cacheAble: yes
module:News\Result (0Q - total module time: 0.00009918s)
""
0.086371 cacheAble: yes
module:News\Trending (0Q - total module time: 0.00010204s)
""
0.086476 cacheAble: yes
module:News\Reply (1Q - total module time: 0.03309083s)
""
0.027683970.087007/var/www/dev-priyantha.gptoday.net/public_html/app/Repository/CommentVotes.php/var/www/dev-priyantha.gptoday.net/public_html/vendor/doctrine/dbal/lib/Doctrine/DBAL/Connection.php:1323(stopQuery)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/doctrine/orm/lib/Doctrine/ORM/Query/Exec/SingleSelectExecutor.php:31(executeQuery)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/doctrine/orm/lib/Doctrine/ORM/Query.php:325(execute)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/doctrine/orm/lib/Doctrine/ORM/AbstractQuery.php:1212(_doExecute)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/doctrine/orm/lib/Doctrine/ORM/AbstractQuery.php:1166(executeIgnoreQueryCache)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/doctrine/orm/lib/Doctrine/ORM/AbstractQuery.php:901(execute)
/var/www/dev-priyantha.gptoday.net/public_html/app/Repository/CommentVotes.php:192(getResult)
/var/www/dev-priyantha.gptoday.net/public_html/app/Services/CommentVotesManager.php:46(getCommentVotesByVoteIp)
/var/www/dev-priyantha.gptoday.net/public_html/app/Modules/News/Reply.php:101(getCommentVotesByIP)
/var/www/dev-priyantha.gptoday.net/public_html/app/ModuleBase.php:115(internalRender)
/var/www/dev-priyantha.gptoday.net/public_html/app/ModuleBase.php:89(captureOutput)
{"function":"F1T\\{closure}","class":"F1T\\ModuleBase","object":{"_amp":false},"type":"->","args":[]}
/var/www/dev-priyantha.gptoday.net/public_html/app/Services/Cache.php:144(call_user_func)
/var/www/dev-priyantha.gptoday.net/public_html/app/ModuleBase.php:92(lazyFetch)
/var/www/dev-priyantha.gptoday.net/public_html/app/Services/ViewRenderer/TwigExtensions/ModuleRenderer.php:35(fetch)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/twig/twig/src/Environment.php(418) : eval()'d code:337(renderModule)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/twig/twig/src/Template.php:182(block_mainContent)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/twig/twig/src/Environment.php(418) : eval()'d code:55(displayBlock)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/twig/twig/src/Template.php:182(block_content)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/twig/twig/src/Environment.php(418) : eval()'d code:372(displayBlock)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/twig/twig/src/Template.php:405(doDisplay)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/twig/twig/src/Template.php:378(displayWithErrorHandling)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/twig/twig/src/Environment.php(418) : eval()'d code:43(display)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/twig/twig/src/Template.php:405(doDisplay)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/twig/twig/src/Template.php:378(displayWithErrorHandling)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/twig/twig/src/Environment.php(418) : eval()'d code:42(display)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/twig/twig/src/Template.php:405(doDisplay)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/twig/twig/src/Template.php:378(displayWithErrorHandling)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/twig/twig/src/Template.php:390(display)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/twig/twig/src/TemplateWrapper.php:45(render)
/var/www/dev-priyantha.gptoday.net/public_html/vendor/twig/twig/src/Environment.php:318(render)
/var/www/dev-priyantha.gptoday.net/public_html/app/Services/ViewRenderer/TwigRenderer.php:115(render)
/var/www/dev-priyantha.gptoday.net/public_html/app/ViewTrait.php:98(render)
/var/www/dev-priyantha.gptoday.net/public_html/app/ViewTrait.php:79(renderViewFile)
/var/www/dev-priyantha.gptoday.net/public_html/app/website.php:261(render)
/var/www/dev-priyantha.gptoday.net/public_html/index.php:11(require_once)
SELECT c0_.CommentId AS CommentId_0, c1_.Vote AS Vote_1 FROM Comments c0_ INNER JOIN CommentVotes c1_ ON (c1_.CommentId = c0_.CommentId) WHERE c0_.ArticleId = ? AND c1_.VoteIp = ?
[225672,"216.73.216.191"]
0.119571 cacheAble: yes
module:RelatedNews (0Q - total module time: 0.00039196s)
""
0.119966 cacheAble: yes
module:Layout\Footer (0Q - total module time: 0.00027609s)
""
0.120245
done
""