The Federal Board of Revenue (FBR) has launched a mega drive against the big fishes who have a high net… Read More
NAB to Investigate Tax Evasion in Cigarette Industry Worth Rs. 60 Billion
The Regional Board of National Accountability Bureau (NAB) Rawalpindi has notified the NAB headquarters about the tax evasion of Rs.… Read More
Pakistan Customs Investigating Role of Officials in Phone Smuggling
Pakistan Customs recently recovered around 80,000 smuggled cellphones in a raid in Karachi. The operation raised a few eyebrows on… Read More
Newly Passed Tax Amnesty Scheme is A ‘License to Earn Black Money’
The National Assembly passed a scheme for open ended tax amnesty on Wednesday. It will allow people to keep 97%… Read More
Pakistan’s Existing Laws Continue to Facilitate Money Laundering
After the furor surrounding the Panama leaks, the government claimed to take action against tax evaders and against the practice… Read More
If Tax Avoidance Is Legal Then All Pakistani IT Companies Should Move to Dubai
The Panama Leaks have caused somewhat of a storm across the world. While people are marching across streets to demand… Read More
FBR Passes New Order to Enhance Tax Collection Measures with Telcos
FBR has come up with a new measure to collect/deduct tax from telcos with the help of provincial tax collecting… Read More
Two HP Executives Arrested for Tax Evasion
Two senior executives of the US based Hewlett-Packard Co. (HP) have been arrested by The Federal Board of Revenue (FBR)… Read More
Cellular Companies Found Guilty of Rs. 47 Billion Tax Evasion
The National Accountability Bureau has said that the offence has been established in Rs. 47 billion tax evasion scam of… Read More
Telcos, FBR Agree to Resolve Rs. 47 Billion Tax Dispute Through Table Talk
Five telecom companies and FBR have agreed to resolve Rs. 47 billion tax dispute through out of court settlement, told… Read More
PTA Directed to Ban Tax Evading Telecom Companies from 3G Auction
Pakistan Telecommunication Authority has been asked by Senate Sub-Committee on Ministry of Information Technology (MoIT) to not to allow telecom… Read More
Tax Evasion: Celcos Given Deadline to Pay Rs. 47 Billion
National Accountability Bureau (NAB) has issued notices to five telecom operators to clear their pending tax dues with surcharge amount… Read More