Appellate Tribunal grants 30-days stay-order to K-Electric FBR’s decision to freeze company’s accounts is illegal

KARACHI: The decision of Large Tax-payer Units Karachi (LTUs-Karachi) of freezing K-Electric’s accounts from August 31 is against the law as an Appellate Tribunal Inland … Continue reading

FBR likely to notify up-gradation of Senior Auditors as Audit Officers, BPS 18

KARACHI: About 325 Senior Auditors (BPS 16) of Inland Revenue (IR) are poised to be notified as Audit Officers (BPS 18) as Supreme Court upholds … Continue reading

Mastermind of bogus ST refund scam sent to jail

KARACHI: The Federal Special Court of Customs Taxation and Anti-Smuggling has sent a prime suspect of multi-million bogus refund scam Faraz Haroon Memon to jail … Continue reading