DRAP takes strict action against fake medicines after provincial complaints – Trendy Blogger

DRAP takes strict action against fake medicines after provincial complaints

 – Trendy Blogger

The Drug Regulatory Authority of Pakistan (DRAP) has launched a massive crackdown on falsified pharmaceutical products following formal complaints from provincial health authorities. Reports from Khyber Pakhtunkhwa, Punjab and Sindh revealed that multiple batches of medicines and medical products were identified as counterfeit or substandard. In response, DRAP issued recall alerts targeting products such as … Read more

SBP shuts down NBP branch over fake notes worth Rs. 2 million – Trendy Blogger

SBP shuts down NBP branch over fake notes worth Rs. 2 million

 – Trendy Blogger

Hafizabad: The State Bank of Pakistan (SBP) has closed the Hafizabad branch of the National Bank of Pakistan (NBP) after counterfeit notes totaling Rs. 2 million found. The counterfeit currency was deposited through a private bank, raising major concerns about oversight of banking procedures. As a result of this serious error, the SBP imposed Rs. … Read more

RTO Islamabad closes five restaurants for issuing fake receipts/invoices – Trendy Blogger

RTO Islamabad closes five restaurants for issuing fake receipts/invoices

 – Trendy Blogger

Islamabad: The Regional Tax Office (RTO) Islamabad on Thursday closed five prominent restaurants in Islamabad over issuing fake invoices/receipts. The action came after citizens/consumers reported that restaurants were issuing fake receipts/invoices, an FBR press release said. This is in line with FBR’s drive to bring tier-one retailers/restaurants under the tax net through point-of-sale billing system. … Read more

A fake company evades Rs 14 billion in taxes through fake transactions – Trendy Blogger

A fake company evades Rs 14 billion in taxes through fake transactions

 – Trendy Blogger

A policeman walks in front of the Federal Board of Revenue (FBR) office building in Islamabad, on August 29, 2018. — Reuters FTO finds blatant case of organized tax fraud Fake transactions worth Rs 84 billion were made. Taxes worth Rs 14 billion were evaded in just a few months. ISLAMABAD: A glaring example of … Read more