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Pcb Paid Rs 2 Billion In Taxes To The Government For Hosting Psl-8

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The Pakistan Cricket Board (PCB) paid Rs 2 billion in taxes to the government for hosting the eighth season of the Pakistan Super League, according to the National Assembly Standing Committee on Inter-Provincial Coordination (IPC) on Thursday (PSL).

The Standing Committee meeting, which was presided over by MNA Nawab Sher, commended the PCB for working tirelessly to successfully conduct PSL-8 throughout the nation.

The committee was briefed by PCB Chairman that during PSL-8, the Board paid taxes of Rs. 2 billion. The Ladies League, for which a budget of Rs. 7 billion has been been aside, is the PCB’s next objective, according to him, in order to revitalise women’s cricket.

In addition to rehabilitating all of the cricket clubs, he informed the committee that the PCB is working to rehabilitate both domestic and international cricket in the nation. He asserted that the PCB earns its own cash to reinvest in the growth of cricket across the nation at all levels and does not accept any subsidies or funds from the government.

He mentioned that during PSL-8, PCB paid Rs. 2 billion in taxes. He continued by saying that the Women League, for which a budget of Rs. 7 billion has been been aside, is the PCB’s next objective in its effort to revitalise women’s cricket.

The Hyderabad Niaz Stadium’s renovation and revitalization were also covered in the briefing to the committee. The committee was informed that the Civil Administration had reclaimed the stadium in 2018 without giving any previous warning.

But, the PCB management now wants to assume control of the stadium. In order to address the issue of the stadium’s administrative charge, the committee instructed the PCB to arrange a meeting with the district administration of Hyderabad.

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