SRB seals restaurant, event management company for tax evasion KARACHI: The Sindh Revenue Board (SRB) on Thursday took strict action against tax evasion, sealing the premises of a... Published 26 Apr, 2024 04:15am
Pakistan Tax evasion, non-compliance: SRB seals Sajjad Restaurant at Do Darya, Karachi The Sindh Revenue Board (SRB) has sealed the premises of Sajjad Restaurant located at Do Darya, Karachi over tax... Updated 25 Apr, 2024 09:57pm
Business & Finance Huge operation in AJK against tax evasion in cigarette industry ISLAMABAD: Joint teams of Azad Jammu & Kashmir’s excise and taxation department and police have conducted... Published 05 Apr, 2024 04:50am
Business & Finance Trade competitiveness and economic growth: Govt focusing on tariff rationalisation, its implications: Jam ISLAMABAD: Commerce Minister Jam Kamal has said that the government is focusing on tariff rationalization and its... Published 05 Apr, 2024 04:50am
Business & Finance Black tea imports: major tax evasion unearthed KARACHI: The Customs Intelligence, Karachi has cracked down on a major tax evasion racket involving the import of... Published 02 Apr, 2024 04:37am
Business & Finance Enhancement of tax-to-GDP ratio: ‘Govt should curtail tax evasion, illicit trade in major sectors’ LAHORE: “The government could enhance the tax-to-GDP ratio, increase tax collection and reduce the budget deficit... Published 30 Mar, 2024 08:03am
World India’s top political donor subject of fraud, tax evasion probes MUMBAI: India’s largest known political donor is a lottery company which has been the subject of fraud and tax... Published 16 Mar, 2024 06:26am
Print ‘Misuse’ of EFS: Rs1.08bn tax evasion scam unearthed KARACHI: The Directorate General of Post Clearance Audit (PCA) South has uncovered a massive tax evasion scam... Updated 09 Mar, 2024 01:21pm
Business & Finance Customs detects Rs27.5bn tax ‘evasion’ KARACHI: An alarming tax evasion scam has been detected by Directorate Post-Clearance Audit (PCA) South, revealing... Published 16 Feb, 2024 06:02am
Business & Finance Sugar mills evading tax to face crackdown ISLAMABAD: The caretaker government has decided to start crackdown on sugar mills involved in tax evasion, well... Published 01 Feb, 2024 04:52am
Pakistan FTO orders clearance of Rs13bn refunds LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has passed orders for clearance of Rs 13 billion refunds for... Published 06 Jan, 2024 05:17am
Editorials Theft of FBR tax revenue EDITORIAL: Is it really a surprise that FBR’s “first-ever electronic tax audit of immovable property” has... Published 23 Dec, 2023 06:16am
Editorials Tax evasion in non-profit sector EDITORIAL: Now that the Federal Tax Ombudsman’s (FTO’s) office has identified “significant gaps” in the... Published 09 Dec, 2023 05:46am
Business & Finance EIGHTEEN projects’ investors refute tax evasion allegations ISLAMABAD: The foreign investors of the real estate projects (EIGHTEEN) on Thursday strongly refuted Punjab Revenue... Published 10 Nov, 2023 03:07am
Pakistan Raid at office of private housing society: PRA unearths tax evasion worth billions of rupees LAHORE: The Rawalpindi Commissionerate of Punjab Revenue Authority (PRA) has unearthed tax evasion worth billions of... Published 09 Nov, 2023 05:38am
Print Shamshad-led task force to introduce tax reforms ISLAMABAD: A task force has been formed for tax reforms, and caretaker Finance Minister Dr Shamshad Akhtar has been... Updated 29 Sep, 2023 03:01pm
Business & Finance Sale of cigarettes below minimum price: PTC clarifies FBR’s enforcement action does not pertain to its operations ISLAMABAD: The Pakistan Tobacco Company Limited (PTC) on Wednesday categorically clarified that the Federal Board of... Published 24 Aug, 2023 06:22am
Business & Finance Tax evasion termed ‘a big threat to economy’ KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum ... Published 07 Aug, 2023 06:34am
Business & Finance Customs accused of issuing detection notices under the garb of tax evasion LAHORE: The Customs department is issuing reassessment and recovery notices under the garb of detection of tax... Published 20 Jul, 2023 03:12am
Editorials Vicious cycle of smuggling, tax evasion EDITORIAL: Speakers at a briefing arranged by Ipsos for parliamentarians to discuss tax evasion in five major ... Published 24 Jun, 2023 06:02am
Editorials Budget doesn’t help govt broaden tax base EDITORIAL: The International Monetary Fund (IMF) has lamented the missed opportunity to broaden the tax base in the... Published 19 Jun, 2023 07:08am
Business & Finance NA told: Tobacco sector tax evasion touches Rs240bn mark ISLAMABAD: The parliamentarians were informed during the National Assembly session that the tax evasion in the... Published 16 Jun, 2023 06:27am
Business & Finance Minister explains why country’s dependency on foreign goods grows ISLAMABAD: Sardar Ayaz Sadiq, Federal Minister for Economic Affairs on Thursday stated that Pakistan’s dependency... Published 16 Jun, 2023 06:27am
Business & Finance There’s tax evasion of Rs500bn in real estate sector alone: Asif ISLAMABAD: Defence Minister Khawaja Asif Wednesday said ‘elite capture’ is the root of all socioeconomic ills as... Published 15 Jun, 2023 06:03am
Business & Finance IPSOS report: Illicit cigarette trade costs FBR Rs240bn per annum ISLAMABAD: An international research company Friday disclosed that tax evasion by illicit cigarette traders has... Published 03 Jun, 2023 03:52am
Business & Finance Fake, flying invoices: I&I-IR Hyderabad apprehends prominent individual HYDERABAD: In a landmark development, on the instructions of worthy Director General of Directorate Intelligence... Published 27 May, 2023 06:09am
Business & Finance Small tax base, high non-compliance incidence causing massive tax evasion LAHORE: A relatively small tax base and high levels of non-compliance has resulted in massive tax evasion in ... Published 14 May, 2023 03:24am
Business & Finance Market share of smuggled cigarettes likely to increase by 50pc LAHORE: Illicit cigarette brands account for a significant portion of the market, and the tax discrepancy caused by... Published 10 May, 2023 06:03am
Print Anti-Money Laundering Act: DG I&I-IR asked to initiate proceedings against ‘fit’ accused ISLAMABAD: Directorate General of Intelligence and Investigation Inland Revenue (DG I&I-IR) has been directed to... Updated 29 Apr, 2023 11:49am
Editorials Is it corruption or incompetence or both? EDITORIAL: Sometimes it becomes difficult to tell whether FBR (Federal Board of Revenue) suffers more from ... Published 20 Apr, 2023 06:30am
