PSL 2019 _ PSL franchisees refrain from payment of payments, tax fraud / Blogs4u

#PSL_2019 / Blogs4u
PSL franchisees refrain from payment of payments, tax fraud

Despite the issuance of the invoice, the PSL is reluctant to pay franchise fees, demanding non-tax money, but the PCB does not have the opportunity to accept it, meet the government officials with tax For sorry, two member committee comprising Javed Afridi and Salman Iqbal have been set up.
According to the details, the PSL franchisees were issuing an invoice on November 14, but no one has ever done so far, till now four franchisees have been deposited bank guarantee of the equivalent amount as a whole. The team has filed a half-fee, as well as that the player will pay compensation, but the Board responded that it is not possible, to submit a full fee under the procedure. Multan Sultanz has already graduated on financial matters and its cases have been conducted by PCB.


According to sources, a franchise said to the board that he would pay the full fee if he returned to the bank guarantee but the PCB had the option that if a bank did not pay a franchise fee The warranty is being done, it has happened to a team in the past, but its relationship will be more tense, if a franchise court is gone, a new front will open. Franchisees have to pay 26% tax at this time.
16% sales tax, Punjab government and 10 percent and hold tax goes to the federal government, the franchisees told the board that till the tax is not waived, the tax can be forgiven, but the PCB told them that it is not possible Zulfiqar's two-member committee consisting of Salman Iqbal has been set up, who will meet with high government officials and request to apologize for the excuse, to suggest justice Franchisees can not agree with it.