Audit says delayed disposal of seized vehicles and goods led to revenue blockage and depreciation of confiscated assets
(more…)Tag: Audit General of Pakistan
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AGP flags Rs3.5 billion in unrecovered FBR penalties, default Surcharges
Audit says thousands of taxpayers escaped penalties for late sales tax returns and delayed tax payments
ISLAMABAD: The Federal Board of Revenue (FBR) failed to impose and recover Rs3.54 billion in FBR penalties and default surcharges from thousands of taxpayers who either filed sales tax returns late or delayed payment of sales tax, according to the latest audit report of the Auditor General of Pakistan (AGP).
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FBR failed to recover Rs3.1 Billion tax on salary income: AGP
Audit says weak monitoring of withholding agents led to under-deduction of income tax from employees’ salaries
ISLAMABAD: The Federal Board of Revenue (FBR) failed to recover Rs3.116 billion in income tax on salary payments due to incorrect tax deductions by employers, according to the latest audit report of the Auditor General of Pakistan (AGP).
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PIA sustains loss of Rs106.57 million due to wastage of meals
KARACHI: The administration of Pakistan International Airlines (PIA) has wasted meals of around Rs106.57 million during to poor planning and negligence, revealed by Audit General of Pakistan (AGP) in its report.
An audit report of AGP revealed that during audit of PIA Flight Kitech for the years 2013 to 2015, it was observed that total meals amounting to Rs72.573 million were uplifted against the passengers travelled during the years 2013 to 2015.
Similarly, the management of PIA, Lahore Station did not properly control the meal wastage at Lahore station and there was no proper monitoring system of meal-uplift, due to which excess meals were uplifted amounting to Rs34 million. “Thus, PIA sustained a loss of Rs106.57 million,” the audit report said.
Audit is of the view that loss was incurred due to poor planning and negligence.
It further said that the matter was reported to the management in April 2016 and in November 2018 but no reply was received. The departmental audit committee meeting was not convened despite requests by the audit.
The AGP recommended the PIA for fixing responsibility on the persons at fault.
