Speaking at the post-budget press conference, he said that the scheme was previously closed due to some deceiving activities. The chairman added that currently, over Rs. 1 billion is available in the POS account. It is worth mentioning that, the first computerized draw of the POS Prize Scheme was held on Saturday, 15th January 2022 […]
In case of no reply from them, the non-filers mobile phone sims, electricity, and gas will be disconnected,” according to sources. “The process of blocking sims of non-filers will continue in the next financial year, The government has devised a plan to enhance tax collection in the next financial year’s budget being tabled in the […]
The prime suspect, Sheikh Rashid, and his partners are under direct investigation for allegedly embezzling billions of rupees from sugar dealers and traders. NAB DG Lahore has formed a team to conduct immediate investigations, and the inquiry has begun against Sheikh Rashid, Kashif, and Faisal. The NAB spokesperson said that Sheikh Rashid’s four warehouses in […]
Sources close to the development revealed that the government tasked a commission with collecting an estimated Rs 60 billion. This initiative comes as part of the upcoming government budget, which is expected to introduce stringent measures against smuggling and non-duty-paid goods. Sources claimed that the shops found selling smuggled or non-duty-paid cigarettes would be imposed […]
The FBR confirmed that 150,000 SIM cards of non-filers have been blocked, with FBR providing data for 5,000 non-filers daily to the Pakistan Telecommunication Authority (PTA). The spokesperson stated that the non-filers can have their SIM cards restored after submitting their income tax returns. To date, 18,902 SIM cards have been reactivated after the individuals […]
According to sources, FBR has decided to introduce a single sales tax return for all businesses, whereas supply monitoring will be conducted for unregistered businessmen. Sources said that the Track and Trace system will also be implemented in the tiles sector, and the FBR may grant additional powers to the Director General of Digital Invoices. […]
IHC Chief Justice Aamir Farooq issued the order in response to a writ petition filed by the telecom operator. The court also issued notice to the federal government in this regard, with the next hearing on the matter scheduled for May 27, 2024. The petition challenged Clause 114-B of the Income Tax Ordinance and the […]
He was talking to British High Commissioner to Pakistan Jane Marriott, who called on him at the PM House. The meeting was also attended by Deputy Prime Minister Ishaq Dar and Chief Economist and Director of the Economic and Evaluation Directorate, Foreign Commonwealth and Development Office, London, Professor Adnan Khan. The prime minister said: “Pakistan […]
According to FBR, the details of 5,000 non-filers have been shared with telecom operators today. FBR stated that telecom operators will receive additional lists of non-filers daily, and have already started sending messages to non-filers warning them of SIM blocking. The FBR believes that blocking SIMs of non-filers will increase tax revenue. Moreover, the General […]
According to sources, FBR will take legal action against telecom companies if they fail to block SIMs of 500,000 non-filers by May 15. Sources said The FBR has consulted with its legal team to file a petition in the Islamabad High Court against telecom companies, including PTA, for not complying with the orders to block […]
