Monday 4 April 2016

Rs.1000 Tournament Fee FIDE EVENT will come back

Last 2-3 years Organizers of FIDE CHESS TOURNAMENTS all over india were increasing prize money and participation Fee .Seeing this trend AICF came with new rules and regulations.Now Maximum Tournament Fee  will be 0.5% of total tournament Prize money
For Example a Rs.200000 prize money event will have a Tournament Fee of Rs.1000 max .

Note:Tournaments allotted before this rule come to effect will have more than 0.5%

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