Massive tax leakages found in sugar industry, ECC told

ISLAMABAD: The government of Pakistan Tehreek-e-Insaf (PTI) has unearthed massive tax evasion by the sugar industry and is in the process of adding molasses to the list of goods that cannot be sold to unregistered persons in order to plug tax leakages.

Sources told The Express Tribune that it was brought to the notice of Economic Coordination Committee (ECC) of the cabinet in its recent meeting that sugar, according to the Revenue Division, was one of the major industries that had a significant tax potential… read more

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