LAHORE: Federation of Pakistan Chamber of Commerce and Industry’s Regional Chairman Khwaja Zarar Kaleem said that strict policy for tax recovery and seizure of accounts by FBR is not acceptable. He demanded that FBR must give business community a chance to appeal. He further said that government and tax collecting institutions should cooperate with business community rather than creating problems for them. Zarar said that traders receive only one notice from banks and afterwards their accounts are seized which is very unfair.
Pakistan’s leading oil refineries warn of shutting down production over smuggling
ISLAMABAD: Five of Pakistan’s largest oil refineries on Thursday warned that increasing smuggling of petroleum products is threatening refinery operations...
