LAHORE: Punjab Revenue Authority (PRA) has served notice to KFC and OCS courier service for the recovery of sales tax on services.
Official sources said that both KFC and OCS have been served notices for recovery of Rs 10 million and Rs 5.0 million respectively.
Sources said that KFC and OCS have been evading tax for the last three months. However, both the business concerns have been paying taxes to the authority since it came into being.
ISLAMABAD: Atif Ikram Sheikh, President FPCCI, has apprised that the Small and Medium Enterprises Development Authority (SMEDA) and the Federation...
ISLAMABAD: The Federal Board of Revenue (FBR) has significantly reduced the regulatory duty on imported Sport Utility Vehicles (SUVs) and...
KARACHI: The Directorate General of Customs Valuation has notified Valuation Ruling No. 2094/2026, replacing the earlier Valuation Ruling No. 1840/2024...
ISLAMABAD: Pakistan’s annual inflation eased to 11.1 per cent in June from 11.7 per cent in May, while prices declined...
