Federal Chairman (FBR) Rashid Mahmoud Langeral revealed that tax evasion in the tobacco and poultry sectors has reached nearly 400 billion rupees, which confirms large gaps in the country’s tax collection system. Speaking during a meeting of the Permanent Finance Committee in the National Assembly, Langarial highlighted that despite the efforts to combat illegal trade, … Read more
On Monday, the government defended the recently issued tax laws law (amendment), 2025, and described it as a focused intervention to deliver legal and administrative gaps to implement taxes and recover revenues. The law was signed by President Asif Ali Zardari on May 2, the decree provides the so -called Financial Department “only three specific … Read more
Samsung has made a legal challenge with an Indian court seeking to cancel the $ 520 million tax demand related to the alleged classification of imported network equipment. The South Korean technology giant is competing for claims by Indian tax authorities that they classify a major component error used in mobile phone towers, thus avoiding … Read more
Islamabad: In the aftermath of the enactment of “tax laws (amendment), 2025”, the Federal Council for Revenue (FBR) began recovery procedures against companies in which the courts ruled in favor of FBR. The Grand Tax Office (LTO), Islamabad, remained open late on Saturday night to recover taxes from telecommunications companies after the decree was approved. … Read more
Finance Minister Mohamed Uranzib expected that the tax rate will reach 10.6 % by the end of the current fiscal year, a step towards the average range of the government is 13 % under the 37 -month fund facility (EF) with the International Monetary Fund (IMF). Speaking during a session with the S & P … Read more
Michelle Pfeifer is currently photographing “Margo’s Got Money Clicks”, which is Apple TV+ Series for the best -selling novel in Nicole Kidman and El Fanning, in Los Angeles. In the past twenty years or so, Pfeifer says about the 23 projects that have worked on, and he has shot three except in the city. “This … Read more
Regional Tax Office 1 (RTO-1) revealed a significant fraud in sales tax worth 315 billion rupees in the iron and steel sector, according to a statement. Fraud activities were carried out under the leadership of two people, with the help of their brother and cousin. One additional partner has been arrested regarding the scheme. According … Read more
The Federal Revenue Council (FBR) expanded the scope of suspension of sales tax registration under recently amended sales tax rules for the year 2006. The reviews provide clearer conditions according to which the registered companies may face the status of their sales tax. According to the revised rules, FBR now has the authority to suspend … Read more
The federal government is considering reducing the average corporate tax and providing the broader tax exemptions in the coming budget for the fiscal year 2025-26, as it looks forward to supporting economic activity and creating job opportunities by taking advantage of the improved financial space that was created through low global oil prices and a … Read more
There was an enthusiastic crowd to maintain the production of Los Angeles at home and highlight the blue -collar workers working in the cinema industry from the topics driving to stay in Los Angeles. Holded by SirRreel Studio Services, hundreds of people met on April 6 in Sun Valley, California, to pay attention to the … Read more