KARACHI: The intelligence unit of the Federal Board of Revenue (FBR) has started raids to arrest the owners of Sika Paint Industry as it is tax defaulter of Rs 430 million since the last five years. Notices were issued to the company directors but the company did not pay tax. It is expected that the owners will be arrested soon.
PHC declares levy of excise duty on hand-stemmed tobacco illegal
PESHAWAR: Peshawar High Court has declared that Federal Excise Duty (FED) couldn’t be imposed on green leaf and hand-stemmed tobacco...
