Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

PRA seizes records of major food chain over alleged tax evasion

byCT Report
03/11/2025
in Breaking News, Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: The Punjab Revenue Authority (PRA) has seized the business records of a well-known food chain following allegations of large-scale tax evasion.

According to PRA officials, enforcement teams conducting inspections in Lahore and Gujranwala found that the restaurant chain had been collecting sales tax from customers but not depositing it in the government treasury.

You might also like

PBC chairman links sustainable growth to equal opportunities for women

04/09/2026

FATF report highlights Oman-based hawala network facilitating transfers to Pakistan

04/09/2026

The authority has confiscated the company’s financial records for detailed scrutiny and formed special recovery teams to retrieve millions of rupees in unpaid taxes.

PRA has also urged consumers to always request a digital invoice carrying the PRA’s PNTN number after availing any taxable service, as part of efforts to promote transparency and curb tax evasion.

The authority reminded businesses that October 31 was the last date for registration and warned that strict action will be taken against those who remain unregistered or fail to integrate with the Electronic Invoice Monitoring System (e-IMS).

An extensive crackdown against unregistered entities and habitual tax evaders is set to commence on November 1, 2025, the PRA added.

Related Stories

PBC chairman links sustainable growth to equal opportunities for women

byCT Report
04/09/2026

KARACHI: Pakistan Business Council (PBC) Chairman Ziad Bashir has linked the country’s sustainable growth to women having equal opportunities and...

FATF report highlights Oman-based hawala network facilitating transfers to Pakistan

byCT Report
04/09/2026

LAHORE: An Oman-based hawala network used WhatsApp, mobile-linked transfers and e-wallets to facilitate unlicensed cross-border remittances to Pakistan, according to...

PAKISTAN-AFGHANISTAN-UNREST-BORDER

$2.5bn losses suffered due to closure of Pak-Afghan borders

byCT Report
04/09/2026

PESHAWAR: President of the Khyber Chamber of Commerce and Industry (KCCI), Yousaf Afridi, has said that the closure of the...

Cotton mills face daily losses of over Rs10m amid fumigation dispute

byCT Report
04/09/2026

ISLAMABAD: Pakistan’s cotton fumigation operations have effectively come to a halt following a clearance dispute involving imported Methyl Bromide, leaving...

Next Post

FBR targets flashy influencer CEO over flaunting undeclared luxury cars

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.