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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
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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.

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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.

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