@Sithara007 I believe that Pakistan has passed the security tests, and if Im correct even an Indian delegation is allowed to travel ahead and check the security arrangements, and thus I feel that security is no longer an excuse that BCCI can use. Furthermore I feel that BCCI will happily pay the compensation but they wont pay the full amount asked, because Im expecting them to negotiate and lower the compensation amount.
Asian Cricket Council (ACC) will decide on the compensation amount, in case India refuses to travel to Pakistan for Asia Cup 2023. But the catch here is that Jay Shah is the president of the Asian Cricket Council. So can PCB expect a fair deal from the ACC? Personally, I believe that if India boycotts the tournament, it will be detrimental for both the sides. ACC also will lose a large part of their revenue. The main attraction in Asia Cup is the match between India and Pakistan. If the match is not there, then TV broadcasters won't be happy. And as the ACC president, I am sure that Jay Shah understands this.
Best of luck to ACC if they see any kind of success in this adventure, in fact, it'll blow back in their face even if Jay shah is the president or not.
BCCI would simply argue that we don't take a single penny from Asia cup's revenue but subsidize the ACC.