LAHORE: Federal Board of Revenue issued arrest warrants for owners of Sika Paints in a huge tax evasion of Rs625million.
According to Customs Today, owners of Sika Paints have been defaulters from the fiscal year of 2013 to 2016. FBR has issued arrest warrants for Javed Iqbal and Muhammad for which a special team has also been formed to arrest them.
Federal Board of Revenue had issued many notices to Sika Paints but it did not pay any attention to solve the issue of heavy tax amount.
KARACHI: The State Bank of Pakistan (SBP) significantly reduced its dollar purchases from the interbank foreign exchange market in May,...
BISHKEK: Pakistan and Kyrgyzstan have made significant progress in strengthening bilateral relations, exchanging 16 agreements and memorandums of understanding in...
LAHORE: The federal government has decided to introduce Punjab's e-Biz portal in Islamabad as part of efforts to simplify business...
ISLAMABAD: Finance Minister Senator Muhammad Aurangzeb has said Pakistan’s economic priorities are moving from stabilisation towards sustainable and inclusive growth,...
