IMF Recommends Implementation of New System to Bring New People into Tax Net
Islamabad: The International Monetary Fund (IMF) has recommended Pakistan to implement the latest Track and Trace system to prevent tax evasion and bring new people...
tax evasion
Pakistan Faces Annual Tax Evasion of 5.8 Trillion Rupees
by TNT Desk
Islamabad: Pakistan’s estimate of tax evasion (revenue gap) for the fiscal year 2022-2023 was approximately 5.8 trillion rupees, constituting 6.9% of GDP. This revelation was...
FBR detects cases of tax evasion amounting to Rs14.5bn
by TNT Desk
ISLAMABAD: The Federal Board of Revenue (FBR) has detected cases of sale tax evasion amounting to Rs14.5 billion. According to a media report, during the...
Panama Leaks: Emma Watson holds offshore company, not for tax evasion
by TNT Desk
LONDON- With the massive data outbreak by Panama leaks, several high profile names like celebrities and political figures have been disclosed. Another celebrity, the Harry...
PM to address nation tonight on Panama leaks
by TNT Desk
ISLAMABAD: Prime Minister Nawaz Sharif is likely to address the nation tonight in the wake of Panama leaks which has put spotlight on offshore holdings...
Waqar Younis, Wahab fined for tax evasion
by TNT Desk
MOHALI: Pakistan Cricket Team Head Coach Waqar Younis and left arm premier fast bowler Wahab Riaz have been fined for not paying taxes for years,...
FIA Sends Another Notice To Shoaib Sheikh
by TNT Desk
Karachi – Federal Investigation Agency (FIA) has served another notice to Shoaib Sheikh, Chief Executive Officer of Axact, to appear before committee formed to probe...
Global tax evasion under G20 scrutiny
by AFP
Washington: US Treasury Secretary Jacob Lew described taxation reform as among the G20’s most crucial initiatives Friday as the world’s major economies look to close...
Tax evasion: Cases against 12 industrialists registered
by TNT Desk
Islamabad: Federal Board of Revenue (FBR) has registered cases against several industrialists who evaded billions of rupees taxes....
60 per cent of Pakistani lawmakers among tax evaders: report
by TNT Desk
Islamabad: Majority of Pakistan’s cabinet and two thirds of its federal lawmakers did not pay tax in 2011, according to a study entitled “Representation without...