PTBA demands immediate stop of PRAL network for tax system
KARACHI: Tax fraternity has advised the Federal Board of Revenue (FBR) to stop working of automated tax system – developed by Pakistan Revenue Automation (Pvt) Limited (PRAL) – forthwith as…
FBR issues rules for collection of advance tax on air tickets
KARACHI: Federal Board of Revenue (FBR) on Monday issued rules to implement income tax rules for collection of five percent advance tax on air ticket on local and international journeys.…
Serious irregularities identified at MCC Appraisement East
KARACHI: Serious irregularities have been identified in MCC Appraisement-East, which are causing huge revenue loss to the national exchequer. It was known that energy drinks are being imported in the…