Economy minister discusses economic cooperation with German minister    Saudi Crown Prince congratulates new Japanese PM Sanae Takaichi    At UNCTAD, Saudi Arabia affirms commitment to sustainable economic transformation    Saudi justice minister, Italian counterpart agree to enhance judicial cooperation    TGA: Autonomous vehicle service beneficiaries surpass 950 in Riyadh    103 million orders delivered in Saudi Arabia in 3Q 2025    Yapı Merkezi reaffirms its commitment to Saudi Arabia with the opening of its regional headquarters in Riyadh A new step in Turkish Saudi cooperation    OMODA 4 Media Preview: Shaping the future of mobility with media and users    Belgian resistance holds up €140 billion loan for Ukraine at EU summit    Trump says he's ending trade negotiations with Canada    EU, US impose new sanctions on Russia to force ceasefire in Ukraine    Egypt joins EU funding program Horizon Europe    Riyadh Season 2025 draws 1 million visitors in 13 days    Athar Festival 2025 opens in Riyadh with record attendance, new creative streams, and Saudi-first innovations    Qatar clinch 2026 World Cup berth with 2-1 win over UAE in Doha    'India's Picasso' is breaking auction records — enraging the Hindu right    D'Angelo, Grammy Awardwinning R&B singer, dead at 51    Splash unveils new winter collection featuring Maya Diab    India players refused handshakes, says Pakistan coach    Adolescence star Owen Cooper makes Emmys history at 15    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Pakistan tax authorities to look into players' assets
Published in The Saudi Gazette on 07 - 09 - 2010

The Federal Board of Revenue (FBR) will investigate the total assets of the Pakistan cricketers, team officials and top-ranking paid officials of the Pakistan Cricket Board, a senior tax official said Monday.
Israr Rauf, who is a member and director of tax in the FBR, said that regional income tax offices had been told to file reports on the assets of the Pakistan players and offcials.
He said the investigations were separate from the Scotland Yard inquiry in Britain into corruption allegations.
“It is not linked directly to the spot-fixing scandal but, yes, we have taken note of media reports about the players building palatial bungalows and acquiring farmland,” Rauf said.
“Every person whose income is above 500,000 rupees ($5,800) has to file a wealth tax return and we compare that with our own data and, if required, hold an audit to verify assets,” he said.
Rauf said that the FBR would accumulate details of the players' income and compile details of the players' sources of income, vehicles, plots, farmlands, bungalows, national/ international bank accounts and movable/non-movable assets.
The News of the World also released a video of Pakistan batsman Yasir Hameed Sunday in which he claims that some players had have built up property and assets that included more than one bungalow through fixing matches.
The FBR has also asked its regional income tax offices to get details of incomes and assets of captains, coaches, managers, commentators, selectors and other office-holders in the national team and board for the past five years.
Fresh doubts surface
Pakistan's January Test defeat to Australia came under renewed scrutiny Monday after it emerged an agent at the center of a ‘spot-fixing' scandal met players a few weeks after the match.
The Australian newspaper printed what it said was a photo of Mazhar Majeed, the London-based businessman who has been quizzed by police over the scandal, dining with several players at a Perth restaurant three weeks after the match.


Clic here to read the story from its source.