Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Property tax issue: Excise Dept unsealed Gaddafi Stadium after three hours of seizure

byCustoms Today Report
30/04/2015
in Business
Share on FacebookShare on Twitter

LAHORE: Excise and taxation officials of Pakistan Punjab, accompanied by police, sealed the Gaddafi Stadium here on Thursday, claiming to be acting in accordance with the orders of the Lahore High Court pertaining to application of property tax.

Following the unseemly haste, the stadium main gate was, however, unsealed by the same officials about three hours later and Pakistan Cricket Board (PCB) officials filtered into their offices to resume their daily routine after another hour’s delay.

You might also like

FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report

21/07/2026

Pakistan starts daily petrol, diesel updates from today

20/07/2026

Since on PCB’s appeal, the court had only allowed property tax from 2002 to 2004, instead of 1996-2004 which was the Excise and Taxation Department’s original plea, fresh notices calculated in terms of the Lahore High Court judgment were yet to be issued.

Also the judgment had not been signed till after the stadium was sealed.

“We shall abide by the verdict of the court after our legal department has gone through the detailed judgement. The PCB is a law abiding organisation which duly pays all its taxes,” PCB Chairman Shaharyar Mohammad Khan said

“We are perhaps the most taxed sports organisation in the entire country. To the Punjab government, the PCB pays tens of millions as commercialisation fee annually at the rate of 20 percent of revenue.”

The chairman added that: “At the moment PCB is engaged with Zimbabwe Cricket and Zimbabwe is about to become the first team in six years to visit this country. The revival of international cricket in Pakistan is the desire of every Pakistani.

“At such an auspicious occasion, sending such a negative signal to the international cricketing community is not in consonance with promoting the national cause.”

Zimbabwe will tour Pakistan to play three One-Day Internationals (ODI) and two Twenty20 Internationals in May. International cricket was stopped in Pakistan following a terrorist attack on the Sri Lankan cricket team’s bus here in 2009.

Related Stories

FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report

byCT Report
21/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has left customs duty concessions granted under Free Trade Agreements (FTAs) and Preferential...

Pakistan starts daily petrol, diesel updates from today

byCT Report
20/07/2026

ISLAMABAD: Pakistan has introduced a new daily pricing mechanism for petroleum products, replacing the previous periodic revision system. Under the...

Power tariff may rise across Pakistan, including Karachi, under June fuel cost adjustment

byCT Report
17/07/2026

ISLAMABAD: Electricity consumers across Pakistan, including Karachi, may face a further increase in power tariffs after the Central Power Purchasing...

PIA buyers receive Rs14.2b in properties under privatisation deal

byCT Report
15/07/2026

ISLAMABAD: The federal government has transferred 11 properties of Pakistan International Airlines (PIA), valued at Rs14.2 billion, to the consortium...

Next Post

PM to brief political leaders on CPEC: Dar

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.