Pak set up likely to get revamped

Sep 07, 2010 |

Correspondent

Islamabad, Sept. 6: Pakistan tax authorities are likely to look into the assests of Pakistani players. An official of the Federal Board of Revenue (FBR) said, “If they are not doing so (filing income-tax returns), they will face the law. Everybody with a certain income needs to do this. We will have to submit factual returns till September 30.”

The FBR has also decided to conduct an audit of the previous five years’ tax matters of players and officials. More players are being asked to submit details of properties, flats, bank accounts, lockers and other possessions.

Officials said details have also been sought from the Pakistan Cricket Board (PCB) regarding the amounts paid to chairmen, office-holders, selectors, players, coaches and managers during the last five years.

Meanwhile, Israr Rauf, who is a member and director of tax in the FBR, confirmed that regional income-tax offices had been told to file reports on the assets of Pakistani cricketers and officials. Official sources said there were also chances of a revamp of the PCB in the light of the present humiliation. “The PCB chairman and the decision makers (in the PCB) might have to leave,” a senior official told this newspaper.

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