Karachi, June 16, 2023 – The Directorate of Intelligence and Investigation (I&I) of Inland Revenue (IR) in Karachi has made a significant breakthrough in the fight against the mafia involved in fake and flying invoice scams.
(more…)Author: Shahnawaz Akhter
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FBR Takes Action Against Sputnik Shoes Outlets in Karachi for Tax Evasion
Karachi, June 16, 2023: The Federal Board of Revenue (FBR) has taken strict measures against Sputnik Shoes by sealing their outlets in Karachi due to their persistent tax evasion over the years.
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Pakistan’s Petroleum Import Bill Plunges by 22%
Islamabad, June 16, 2023 – The import bill for Pakistan’s petroleum group has experienced a significant decline of 22% due to falling international oil prices and reduced domestic demand.
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Weekly Prices Experience 0.2% Inflation in Pakistan
Islamabad, June 16, 2023 – The Pakistan Bureau of Statistics (PBS) reported a 0.2 percent increase in weekly prices of essential items for the week ending on June 15, 2023, compared to the previous week.
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PSW Joins Global E-Commerce Alliance to Expand Global Outreach
Karachi, June 15, 2023: Pakistan Single Window (PSW) has achieved a significant milestone by becoming an Associate Member of the Pan-Asian E-Commerce Alliance (PAA).
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OGDCL Commences Oil and Gas Production from Wali (Bettani) Field in Khyber Pakhtunkhwa
Karachi, June 15, 2023 – The Oil and Gas Development Company Limited (OGDCL) has announced the successful commencement of oil and gas production from the Wali (Bettani) Field in District Lakki Marwat, Khyber Pakhtunkhwa Province.
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Immunity to Bring Dollars into Pakistan May Lead to Misuse, Experts Warn
In a recent development, concerns have been raised by experts regarding the proposed immunity in the Finance Bill, 2023, which allows individuals to bring dollars into Pakistan.
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FBR Announces Tax Collection Schedule for Eid Holidays
Islamabad: The Federal Board of Revenue (FBR) has released a schedule for the collection of duty and taxes during the upcoming Eid holidays, expected to occur later this month.
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Sindh Increases Salary, Minimum Wage and Pension in Budget 2023-24
Karachi, June 10, 2023: The Sindh province has made a momentous announcement today, revealing substantial raises in salary and pension for government employees, as well as an increase in the minimum wages for individuals working in the private sector.
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Sindh Unveils Budget 2023-24 with a Total Outlay of Rs2.25 Trillion
Karachi, June 10, 2023: The Sindh government Saturday announced the provincial budget for the fiscal year 2023-24, focusing on key areas of development and growth. With a total outlay of approximately Rs2.25 trillion, the budget reflects a 31 percent increase compared to the previous fiscal year’s estimates of Rs1.71 trillion.
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