Islamabad: In a move to curb tax evasion, hoarding and price gouging, the Federal Board of Revenue (FBR) has decided to deploy Inland Revenue officials at all sugar mills in Punjab and Sindh ahead of the sugar crushing season, which begins on November 21. The measure comes after reports of misuse of the track and … Read more
Karachi: Three major refineries – Attock Refinery, National Refinery and Synergeiko Refinery – have informed the Oil and Gas Regulatory Authority (OGRA) that they are not delaying the signing of upgrade agreements. The clarification came after Ugra proposed reducing duties on high-speed diesel (HSD) for refineries that fail to meet the requirements of the Brownfield … Read more
Lahore: Following a spike in confirmed coronavirus cases and a significant increase in the number of patients recovering, a black market for blood plasma has emerged across the country, especially in the provincial capital. People are selling blood plasma to patients who have recovered from coronavirus for tens of thousands of rupees, The Express Tribune … Read more
Islamabad: Business leaders are urging the Federal Board of Revenue (FBR) to postpone requiring taxpayers to file an affidavit with their sales tax returns. They claim that while taxpayers can check the status of suppliers through the FBR system, they often lack insight into the entire supply chain and can be unfairly penalized for mistakes … Read more
1726139699-0/BeFunk_-(45)1726139699-0.jpg?w=640&resize=640,480&ssl=1 "London protesters demand end to arms sales to Israel
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Hundreds of pro-Palestinian protesters gathered outside the Prime Minister’s office in Downing Street, London, calling on the British government to stop arms sales to Israel in response to its ongoing military operations in Gaza. Wednesday night’s protest was sparked by an Israeli airstrike on a “humanitarian safe zone” in southern Gaza that killed at least … Read more
Finance Minister Senator Muhammad Aurangzeb (L) and FBR Chairman Rashid Mehmood Langriyal address a press conference to summarize the FBR study regarding sales tax evasion in Islamabad on October 10, 2024. – PID Aurangzeb says most entities claim excess input tax. Sharing FBR findings on massive malpractices in 5 sectors. Finance czar warns tax evaders … Read more