Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Islamabad

Cellular companies evade Rs400b taxes annually: NAB chief

byCT Report
28/11/2017
in Islamabad
Share on FacebookShare on Twitter

ISLAMABAD: National Accountability Bureau (NAB) Chairman Justice (R) Javed Iqbal has said that mobile phone companies were allegedly evading Rs400 billion in taxes to the Federal Board of Revenue (FBR) annually.

According to a statement, he called improving tax collection system of the FBR. “Pakistan is investors-friendly country and the best country for foreign investment and we should try utmost for collecting taxes for protecting our national interests as per the law,” the Nab chief said. He said that the potential tax was not being allegedly collected and deposited in the national exchequer by the mobile phone companies as per reports.

You might also like

Pakistan Customs deepens regional Cooperation, expands digital customs partnership with Uzbekistan

03/08/2026

PM Shehbaz chairs meeting to review OGRA reforms

03/08/2026

The NAB chairman said that the anti-graft body has seven regional bureaus headed by director generals who have already been directed to ensure resolving peoples’ corruption-related complaints as per the law. “The complainants must also be informed about the status of their complaints,” he said adding that strict action should be taken against those NAB officials who call again and again to the innocent people unlawfully and reopen closed inquiries and investigations.

Earlier, he said that the NAB was determined to perform its national duty to eradicate corruption from the country as its elimination was the voice of the nation. He said that NAB will continue its endeavours to eliminate corruption by pursuing a zero-tolerance policy against the corrupt and would adhere to the timeframe to file references in courts within 10 months after receiving complaints.

He said that the NAB has 76 percent conviction ratio which would be improved by ensuring transparency, merit, presenting sufficient evidence and flawless investigations to conclude mega and white-collar cases as per the law. “With effective efforts, corrupt would be brought to justice and looted money of innocent people in various cases would be recovered and will be deposited to the national exchequer,” he said.

Related Stories

Pakistan Customs deepens regional Cooperation, expands digital customs partnership with Uzbekistan

byCT Report
03/08/2026

ISLAMABAD: Pakistan Customs has reaffirmed its commitment to strengthening regional customs cooperation and promoting secure, technology-driven trade facilitation by actively...

PM Shehbaz chairs meeting to review OGRA reforms

byCT Report
03/08/2026

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif chaired a high-level meeting focused on reforms within the Oil and Gas Regulatory Authority...

FBR warns taxpayers against incorrect Tax Year 2026 returns

byQaisar Mansoor
03/08/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has warned taxpayers against submitting incorrect income tax returns for Tax Year 2026,...

FBR beats July revenue target by Rs40b

byCT Report
01/08/2026

ISLAMABAD: The Federal Board of Revenue (FBR) exceeded its tax collection target for July 2026 by collecting Rs820 billion in...

Next Post

IHC adjourns hearing of case filed by M/s TNB Liberty Power Limited

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.