IPL4 Auction

[Cevno]

r u sure? i thought the ipl kept a cut of it as well.

Ipl don't keep the cut here.

 

[Migara]

Missing Gayle was absolute hilarious. Mathews might gor for a plenty.

Muralitharan has an Indian wife. So any one could argue that he can be an uncapped player for India and play him as a local.

 

[Jacknife]

Well certainly - the employer is Indian, the player is an employee for work performed in India. It'll be more than 20% is my guess.

Some countries have agreements that makes sure you don't get double taxed e.g, you don't pay taxes to the Indian government as well as Australia. I'm not sure what the deal is between all the cricket playing countries.

Well that's what I thought ,will foreign players get taxed at both ends, home and India.

 

[morgieb]

Darren Stevens and Simon Cook will be huge bargain picks for their teams.

Weren't their base prices quite big though? Given they're uncapped, I'm not sure if they'll go, particularly Cook.

 

[Cevno]

Any one with enough time to calculate a list of how much the teams have left to spend?

Cricinfo -

http://www.espncricinfo.com/indian-premier-league-2011/content/current/story/495850.html

 

[silentstriker]

Well certainly - the employer is Indian, the player is an employee for work performed in India. It'll be more than 20% is my guess.

Some countries have agreements that makes sure you don't get double taxed e.g, you don't pay taxes to the Indian government as well as Australia. I'm not sure what the deal is between all the cricket playing countries.

I believe the tax rate for the income bracket we're talking about is ~33%.

 

[silentstriker]

Well that's what I thought ,will foreign players get taxed at both ends, home and India.

Yea, that depends if the country in question have bilateral agreement with India, I believe. Although I'm not a tax lawyer so I could be wrong here.

However, they will certainly be taxed in India either way.

Otherwise, they may want to keep that money in India.

 

[Cevno]

I believe the tax rate for the income bracket we're talking about is ~33%.

Don't know how it works our with relaxations and all,i think the tax they have to pay is 15 to 18 % ,i read somewhere IIRC.

 

[Prad100w]

Harbhajan and Symonds in the same team

 

[Jacknife]

Eoin Morgan can be gud buy.Hope DC gets him

Yes, it would be good to see him and KP together at DC with Sangakkara and Cam White,pretty formidable batting line up.

 

[silentstriker]

Don't know how it works our with relaxations and all,i think the tax they have to pay is 15 to 18 % ,i read somewhere IIRC.

Yea, that's possible with all the deductions, etc. I know the top individual tax rate is 30%, with a 7.5% surcharge on the tax, making it around ~32%ish for the top individuals. However, as with any country, the code is complicated and I'm sure there are lots of deductions, etc.

 

[Spark]

Harbhajan and Symonds in the same team

Haha serious?! How have we all missed this little piece of gold?

 

[tooextracool]

Chennai Super Kings: MS Dhoni (retained), Suresh Raina (retained), M Vijay (retained), Albie Morkel (retained)

Deccan Chargers: Kevin Pietersen, Cameron White, Kumar Sangakkara

Delhi Daredevils: Virender Sehwag (retained), Irfan Pathan

Kings XI Punjab: Adam Gilchrist

Kochi: Mahela Jayawardene, VVS Laxman, Brendon McCullum, Sreesanth,RP Singh

Kolkata Knight Riders: Gautam Gambhir, Yusuf Pathan, Jacques Kallis

Mumbai Indians: Sachin Tendulkar (retained), Harbhajan Singh (retained), Kieron Pollard (retained), Lasith Malinga (retained), Rohit Sharma, Andrew Symonds

Pune Warriors: Yuvraj Singh, Graeme Smith, Robin Uthappa

Rajasthan Royals: Shane Warne (retained), Shane Watson (retained), Ross Taylor, Rahul Dravid, Johan Botha

Royal Challengers Bangalore: Virat Kohli (retained), Tillakartane Dilshan, Zaheer Khan, AB de Villiers, Daniel Vettori

The only player Bangalore retained is Virat Kohli. Absolutely love it.

 

[Cevno]

sharda:
And Deb, teams need 20 Indians and the best of the Indians on offer at the auciton are around 48 or so, which is why the prices gets pushed

 

[Cevno]

Haha serious?! How have we all missed this little piece of gold?

We didn't .

There were a lot of comments at the time.

 

[Jono]

So happy that "tests are ****" (paraphrased ) Chris Gayle didn't get anything.

The only player Bangalore retained is Virat Kohli. Absolutely love it.

Haha it's hilarious. Bangalore what a team

 

[Cevno]

Brian Lara the big buy in the next lot.

Will he get bid on?

 

[outbreak]

Haha serious?! How have we all missed this little piece of gold?

about 2 pages of people commenting on this...

 

[silentstriker]

I want to be in that dressing room. PPPPLLLEEEEASSSSEEE!

 

[Cevno]

Kolkatta wants to make Ganguly a " mentor " like Kumble is for Bangalore if he does not get picked by another team.

They are hesitant to play him anymore.