ISLAMABAD: The Directorate General of International Taxes, Federal Board of Revenue, received Global Forum’s (OECD) Assessment Team at FBR Headquarters in Islamabad.
KARACHI: Pakistani authorities have assured International Monetary Fund (IMF) of registering prize bonds and other bearer instruments to eliminate the use of these instruments in potential illegal activities and tax avoidance. The IMF issued Pakistan country report on Monday following successful $6 billion loan program. In order to make the program successful the Pakistani authorities … Read more
KARACHI: Amendments to Income Tax Ordinance, 2001 will help Pakistan in controlling offshore tax evasion and avoidance. This was stated Vishno Raja Qavi, former Chief Tax Policy, Federal Board of Revenue (FBR) at a seminar organized by Karachi Tax Bar Association (KTBA) on Thursday. Qavi said that taxation system had changed drastically since Pakistan became … Read more