IPL will be a 10-team tournament from 2022.
The auction for the new franchises will take place in May – during the final phase of the upcoming edition of IPL.
The BCCI top officials including president Sourav Ganguly, secretary Jay Shah on Saturday had a meeting on execution of various policy decisions.
"The 10 team IPL will roll on from next year and the bidding process and finalisation of the new franchises will be completed by the month of May this year," a senior BCCI source privy to the developments told PTI on conditions of anonymity.
"Once the teams are finalised, they can start their operational work which takes considerable time," the source added.
Meanwhile, India’s squad for the England ODI series will be named on Sunday (March 14) and none of the senior players have asked for rest.
"The team is expected to be announced tomorrow. Neither skipper Virat Kohli nor his deputy Rohit Sharma has opted for rest. There aren't many surprises as we prepare for World T20," the influential official told PTI.
He added that domestic performers like Prithvi Shaw and Devdutt Padikkal will have to wait for their chance.
"They have done exceedingly well but will have to wait for their turn," he said.
The source also informed that Indian women's team will be touring Australia at the end of the year followed by a short preparatory series in New Zealand before the 50-over World Cup.
"Our women's cricket is as much important as our men's game. We are playing a Test match in England, our first in 6 years and then we have twin tours followed by World Cup. Our girls have a packed schedule," the source added.
The Vinoo Mankad U-19 trophy, the 50-over competition which will act as trial tournament for next year's U19 World Cup, will be played in May-June after the class 12 CBSE and state Board exams.
"There many boys who are in their Board year and we don't want them to miss out on their exams. The tournament starts in May-June," the official added.
(With PTI inputs)