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FBR recovers Rs 26.7 million from Majid Group of Companies

byWaqar Ahmed Ansari
12/04/2016
in Karachi, Latest News
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KARACHI: Thee Federal Board of Revenue (FBR) has recovered Rs 26.7 million from six factories of the Majeed Group of Companies which are located in Mirpurkhas and were allegedly involved in tax evasion.

Sources informed Customs Today that the FBR issued them many notices, asking them to clear outstanding tax dues but these factories were avoiding to pay taxes. Sources informed that an FBR team recently visited Mirpurkhas and urged its owner Mumtaz Khaskheli to clear pending tax dues within one month otherwise his company’s bank accounts will be seized.

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Sources said Mumtaz Khaskheli assured the FBR team that he would clear all outstanding tax dues, so he deposited the pending tax in the government exchequer.

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