KARACHI: The Federal Board of Revenue (FBR) has decided to collect Rs 40 billion revenue in order to overcome shortfall of tax. The Directorate General Broadening of Tax Base has sent a report to the FBR to collect Rs 40 billion to Rs 50 billion revenue from January-June 2015. It was discussed in the report that revenue of Rs 20 billion can be generated from gross under reporting cases. More revenue can be generated by better assessment of audit cases and monitoring of Broadening of Tax Base.
Iran hails Pakistan’s political determination to complete gas pipeline project
KARACHI: Iran has hailed Pakistan's political determination to complete the gas pipeline project between the two countries, which has been...