Business

Pakistan Customs uncovers Rs 1259 million mega petroleum tax fraud

Pakistan Customs uncovers Rs 1259 million mega petroleum tax fraud

Business /

ISLAMABAD (Kashmir English): Pakistan Customs has uncovered an alleged Rs1.259 billion petroleum tax fraud, exposing what officials describe as one of the country’s largest cases of revenue evasion involving imported motor gasoline (MOGAS RON-92). According to the First Information Report (FIR), 6,975.454 metric tons (9.64 million litres) of imported petrol was allegedly removed from Customs bonded […]

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PM Shahbaz corruption in FBR

PM Shahbaz slams corruption in FBR, says trillions lost to mafia

Business, Pakistan /

ISLAMABAD (Kashmir English): Prime Minister Shahbaz Sharif has said that due to years of collusion, corruption, and tax evasion within the Federal Board of Revenue (FBR), trillions of rupees from the national treasury go into the pockets of a few people. Addressing the participants of the National Workshop on Balochistan, the premier said that transparent

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older vehicles

Govt plans removal of vehicles older than 20 years

Business, Pakistan /

  LAHORE (Kashmir English): The Punjab government has been mulling to phase out vehicles older than 20 years under its first New Energy Vehicle (NEV) Policy. The initiative, according to officials, is aimed at reducing emissions and promoting cleaner transport across the province. According to the draft scheme, older vehicles will not face an immediate

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