Multi-Million Tax Evasion Scandal Unraveled by PCA North
KARACHI: In another startling crackdown on corporate fiscal fraud, PCA North has uncovered a massive evasion of Rs 1 billion, as detailed in a recently filed FIR. M/s Khyber Fabrics…
Massive Rs 1.4 Billion EFS Scam Unraveled by PCA North Islamabad
ISLAMABAD: In a stunning development, the Directorate of Post Clearance Audit (North), Islamabad, has blown the lid off a colossal fraud involving the gross misuse of the Export Facilitation Scheme…
Appeals by Lahore based companies seeking tax exemption for KP, FATA, PATA dismissed
ISLAMABAD: A full bench of Supreme Court of Pakistan dismissed appeals filed by Lahore based Husnain Cotex Limited, Ghulam Rasool and Co. Pvt Ltd and Sarwar & Company (Pvt) Ltd…
Terrorist attacks fell 29 percent in 2016 to lowest level in 11 years
KARACHI: Terrorist attacks in Pakistan have fallen by 29 percent in 2016 to 441 incidents YoY, which is down 83 percent from the peak of 2,586 incidents in 2009, as…
No income tax, sales tax on businesses importing goods for consumption in FATA, PATA
KARACHI: The Peshawar High Court has directed the federal government to take appropriate steps ensuring that persons carrying on business in Federally Administered Tribal Area (FATA) and Provisionally Administered Tribal…