KARACHI: The Federal Board of Revenue (FBR) has traced 40 fake companies that got millions of rupees under the head of illegal sales tax refunds and input adjustment.
The tax staff registered the companies without confirmation of their addresses. Most of the companies got Rs 30 million average by false claims. It has become very easy to get a large amount of money this way. The FBR has decided to take stern action against such companies.
New transit framework with Iran to position Pakistan as regional trade hub: ICCI
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI), has warmly welcomed the federal government’s recent decision to facilitate the transit...
