Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Tuesday said that the tax collection body is committed to curb under-invoicing of imports to save local industry.
Chairman Federal Board of Revenue (FBR) Shabbar Zaidi on Thursday warned of strict action against the import of Indian-origin products in the country using regional ports.
Shabbar Zaidi said in his Twitter message that the registration process will start next week in a bid to move forward for the implementation of the government's agreement with traders.
An audit report into the tax collection from sugar mills in the province have revealed that they were involved in massive tax evasion, causing losses to the national exchequer.
Chairman Federal Board of Revenue (FBR) Shabbar Zaidi on Saturday said that they have collected 17 percent more taxes during the five months of the ongoing fiscal year till November 2019 as compared to same period during the previous year.
Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Wednesday said they were working to make the tax-collecting body faceless, making lesser contact between the tax officers and masses.
The FBR chairman said that the current figure of industrial and commercial consumers stands at 3.1 million including 43,000 registered as sales taxpayer.
Chairman Federal Board of Revenue, Shabbar Ali Zaidi on Thursday took to Twitter to announce that the sugar industry in Pakistan would be audited by the organisation.
Shabbar Zaidi announced that the ordinance against benami properties has been prepared, however, there would be no major amendment in the law but to expedite legal actions.
"The trade deficit stood at $9 billion in the first quarter of the previous financial year, whereas, the fiscal deficit was Rs476 billion in the first quarter of the current fiscal year."
Chinese ambassador to Pakistan Yao Jing on Friday announced that China will establish factories in Gwadar in next phase of the multibillion dollars China-Pakistan Economic Corridor (CPEC) project,