KARACHI: The Lahore High Court has asked for explanation from federal government and FBR until January 7 on 5 percent increase in sales tax on petroleum products that later on reached 22 percent. The petition was filed by a lawyer named as Ishtiaq Chaudhary. The petitioner has taken a stance that government did not decrease prices even after decrease in prices in the world market. It was appealed to the court to declare the step illegal taken by the government.
FBR fails to recover Rs5.62b in taxes from 106 taxpayers
LAHORE: The Federal Board of Revenue has failed to recover Rs5.62 billion in taxes from 106 taxpayers across 14 field...
