KARACHI: The Federal Board of Revenue (FBR) has decided to take action against 35 tax defaulter companies. The companies did not pay tax on the products of billions of rupees. The products have been sold to the non-operative black list units just to evade 5% tax. The lists of tax defaulter companies have been prepared and a stern action will be taken against them.
IMF approves $1.2bn loan tranche for Pakistan
ISLAMABAD: The International Monetary Fund has approved a $1.2 billion loan tranche for Pakistan, providing a significant boost to the...
