Lahore: The Lahore Court (LHC) expressed its strong refusal to exempt the Federal Revenue Council (FBR) from paying the court fees to raise the tax auditor, while ordinary litigants must pay 50,000 rupees for each reference. The court described this as a clear issue of discrimination and depriving Pakistani citizens who are equal to justice. … Read more
Islamabad: The Consultative Council of Oil Companies (OCAC) urged Prime Minister Shahbaz Sharif to address two decisive issues that affect the oil sector in Pakistan: canceling the exemption from sales tax on petroleum products and delayed review of the margins of oil marketing companies (OMCS). OCAC stressed the urgent necessity to resolve these challenges to … Read more
K-Electric has filed for provisional monthly fuel duty adjustment (FCA) for November 2024, proposing a waiver of Rs 4.98 per kWh for its customers. The National Electric Power Regulatory Authority (NEPRA) has scheduled a public hearing for January 15, 2025 to evaluate K-Electric’s proposal. Following the hearing, NEPRA will determine the final FCA amount that … Read more