FBR Asks Field Formations to Take Action Against Culprits in Rs. 315 Billion Tax Fraud
The Federal Board of Revenue has asked field formations to take action against those involved in a Rs. 314.8 billion sales tax dummy companies fraud.Sources said the Regional Tax Office-I Karachi in its communication with regard to lodging of FIR agai…
FBR Detects Sales Tax Fraud of Billions of Rupees in Various Sectors
The Federal Board of Revenue’s (FBR) top intelligence agency has unearthed sales tax fraud to the tune of billions in leading sectors including coal, oil and ghee, textile, paper and board, steel, lead, lead waste, and scrap.Directorate General Intell…
Pakistan, China Set to Further Upgrade Karakoram Highway
Pakistan and China are set to sign a memorandum of understanding (MOU) for the upgradation and new alignment of Thakot-Raikot section, a critical segment of the Karakoram Highway (KKH) under the China-Pakistan Economic Corridor (CPEC) framework.The MO…
Price of Gold in Pakistan Soars to Rs. 202,000 Per Tola
After two consecutive declines, the price of gold in Pakistan increased by almost Rs. 5,000 per tola on Saturday to close the week at Rs. 202,000.According to the data released by the All-Pakistan Gems and Jewellers Association (APGJA), the price of g…
Govt’s Electricity Anti-Theft Campaign Savings Hit Rs. 26 Billion in September
The electricity anti-theft campaign undertaken by the government last month resulted in savings of Rs. 26 billion during the month of September.According to data shared by Power Division Secretary Rashid Langrial in a post on X. The indirect savings o…