ISLAMABAD - The federal government has withdrawn the tax exemption from the Pakistan Cricket Board (PCB) for the next fiscal year 2008-09, as the government is expecting to earn Rs. 500 millions. On Wednesday, the central government allocated Rs. 325 millions development budget for sports. Rs. 253.0 millions could not be spent last year 2007-08 out of total Rs.438.8 millions. This shows a massive cut of Rs. 62.3 million, which is 24 per cent less than last year's. One new project has been approved while the other ongoing projects will be completed during the next fiscal year. Rs.438.8 millions have been allocated for sports. The government has announced funds for the completion of projects including import of steel roof structures for boxing gymnasium at Islamabad and at three provincial capitals while the land issue of Lahore Boxing Gymnasium is yet to be solved. Big amount has been allocated for laying of Synthetic Turfs for hockey grounds at Gilgit, Swat, Sibi and Sukkur this year 2008-09. Also, gymnasium hall at Sialkot and Bahwalnagar will be completed during the year and Rs. 14.5 millions has been proposed for equipment and civil works of under construction sports medicine centre in the premises of Pakistan Sports Complex, Islamabad. The government has also recommended funds for the players hostel at Lahore, Sports Stadium at Nankana Sahib, external services network at Sports Complex Islamabad, Sports Stadium at Zhob (Balochistan) and Football ground at Qilla Saifullah. It is pertinent to mention here that last year the total sports budget including development and non-development expenditure was Rs.552 millions.