The Indian cricket board has sought the help of Prime Minister Manmohan Singh to prevent the 2006 ICC Champions Trophy being moved to Pakistan.
The tournament could be taken away from India if the government does not exempt the event from tax.
The International Cricket Council has given June as the deadline to confirm the tax waiver.
"The Prime Minister has assured us that he will look into the matter," said ex board president Jagmohan Dalmiya.
Dalmiya and Indian cricket board president Ranvir Singh Mahendra met the prime minister on Thursday.
And Dalmiya added: "It was a very positive meeting and we hope that we will get the tax exemption."
Tax is imposed in India for all international sporting events held in the country.
The tax waiver policy was not enforced when India hosted two World Cups - in 1987, jointly held with Pakistan, and in 1996 with Pakistan and Sri Lanka.
But the ICC has made it a condition of holding the tournament and voted in May to move it to Pakistan if the deadline is not met.
The Champions Trophy, which raises funds for the ICC development programme, was last held in England in 2004, with West Indies the surprise winners.
Meanwhile, Mahendra said that the cricket board is likely to support a plan to have cricket in the Delhi Commonwealth Games in 2010.
"In principle we agree that we should participate in the Commonwealth Games but the board's working committee will take the final decision," he said.
Cricket was played for the first time in an Asian multi-event competition in Kuala Lumpur Commonwealth Games in 1998.
But it was discarded at the next edition in Manchester four years later due to a lukewarm response from the major cricketing countries.
Mahendra also said the committee to appoint a new coach for the cricket team will be formed within the next two days.