Violation of SRO560(I): Customs recovers Rs5m from Chinese cellular company
KARACHI: Pakistan Customs-FBR has recovered an amount of Rs 5million from a Chinese cellular company, which was involved in violating the SRO560 (I) of the Sales Tax Ordinance, 1990. According to the...
View ArticleKSE hits all-time high of 30413.23 points
Karachi Stock Exchange (KSE) closed at 30413.23 all time high amid higher trades after SBP mentioned improving economic conditions. KSE 100 index end the day at 30413.23 points compared to 30224.89...
View ArticleHyderabad Customs reluctant to fill vacant seats
HYDERABAD: Hyderabad Customs has failed to appoint new officers on many vacant seats tax officers even after passing 40 days. Also new appointed officers have yet not assigned duties and they are...
View ArticleAfter Mobilink, Telenor misuses green channel facility to evade taxes
KARACHI: After high profile cases of tax evasion by country’s top telecom companies like Mobilink and Q-Mobile, now Pakistan Customs has detected another such tax fraud by Telenor Pakistan and blocked...
View ArticleCustoms Apraisement Lahore unearths Rs 208 million fraud
LAHORE – The Customs Collectorate Apraisement Lahore unearthed Rs 208.72 million tax fraud on 51 imported consignments of four years. In the FIR, Customs authorities accused that Customs Clearing...
View ArticleQ-Mobile to face Adjudication in Rs772 million tax fraud case
KARACHI: The hearing of the tax evasion case against Q-Mobile and its authorized dealers including M/s Digicom (Pvt) Limited and M/s New Allied Electronics is scheduled to be held in the office of the...
View ArticleFBR takes action against Sika Paints for Rs 429.15 million tax fraud
LAHORE: The Regional Tax Unit-II (RTU) of Federal Board of Revenue (FBR) has decided to take action against Sika Paints Industry for fraud of Rs 429.15 million sales tax. As per details, the RTU-II...
View ArticleBarcelona accused of 2.85m euros tax fraud in Neymar signing
WELLINGTON: Prosecutors have also asked for the investigation of current Barcelona president Josep Maria Bartomeu and the club on an extra tax charge in 2014, which could rise to 2.85 million euros....
View Article$6m fuel tax fraud: Australian tax office sends Martin Aithcison to jail for...
CANBERRA: Australian tax office has arrested Martin Aithcison and sent to jail for five years on charges of swindling almost $6 million from the tax office. He is 64, lived a life of luxury with his...
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