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Pakistan Loses Billions Due to Illicit Trade, Tax Evasion

Pakistan Loses Billions Due to Illicit Trade, Tax Evasion

Quratul Ain May 22, 2024

A new report by Pakistan’s National University of Science and Technology (NUST) paints a concerning picture of the country’s tobacco…

Lucky Cement Entangled in Fake Invoice Case, Seeks Clarity from FBR

Lucky Cement Entangled in Fake Invoice Case, Seeks Clarity from FBR

Quratul Ain May 22, 2024

Federal Board of Revenue (FBR) has cracked down on a supplier allegedly issuing fake invoices to Lucky Cement, a prominent…

Sindh Cracks Down on Tax Evasion with New ‘Rapid Response Force’

Sindh Cracks Down on Tax Evasion with New ‘Rapid Response Force’

Quratul Ain May 21, 2024

The Sindh government in Pakistan has announced a multi-pronged attack on tax evasion and drug smuggling within the province. The…

Pakistan Business Council Pushes for Innovative Tax Solutions to Broaden Tax Base

Pakistan Business Council Pushes for Innovative Tax Solutions to Broaden Tax Base

Web Desk May 21, 2024

The Pakistan Business Council (PBC), a leading advocate for Pakistan’s corporate sector, has urged the government to explore unconventional approaches…

Pakistani Telco Blocks Non-Filer SIMs Under FBR Pressure

Pakistani Telco Blocks Non-Filer SIMs Under FBR Pressure

Web Desk May 21, 2024

Pakistan’s tax collection efforts have taken a new step with a leading telecom company blocking SIM cards of non-tax filers.…

KCCI Pushes for Fairer Tax Treatment of Commercial Importers

KCCI Pushes for Fairer Tax Treatment of Commercial Importers

Web Desk May 20, 2024

The Karachi Chamber of Commerce and Industry (KCCI) has submitted proposals to the government for the upcoming Budget 2024-25, advocating…