Articles for tag: account, arrest, business arrests, FBR, funding of an account, Minister, operational repression, Pakistan, Pakistan budget 2025, PM Shehbaz Sharif, Prime, Proposal, Shehbaz, takes, Tax, tax evasion, tax fraud, Traders

June 17, 2025

Prime Minister Shehbaz takes into account the proposal to arrest tax traders

Listen to the article Prime Minister Shehbaz Sharif has taken into account a proposal to authorize the arrests of traders involved in tax fraud, following increasing concerns expressed by the country’s business community. The issue was discussed during a high -level meeting under the prime minister’s chairing Monday. Finance Minister Muhammad Aurangzeb, chairman of the Federal Revenue Council (FBR) and senior officials were present. According to officials familiar with discussions, the funding bill includes a provision that would allow FBR to arrest people involved in tax fraud, with sanctions extending up to 10 years in prison. The move has criticized

October 1, 2024

The Pakistan Daily

PM Shehbaz’s address becomes most viewed at UN official channel

The United Nations’ Center for Public Opinion Research has released new statistics, revealing that Prime Minister Shehbaz Sharif’s speech at the UN General Assembly has become the most-watched address on the UN’s official YouTube channel. Shehbaz Sharif is now the most viewed global leader from the latest UN General Assembly session, surpassing several other world leaders. According to the details, Mr Sharif’s address garnered more views than that of U.S. President Joe Biden, whose speech was watched 101,000 times. Chinese Foreign Minister Wang Yi’s speech received 81,000 views, Turkish President Recep Tayyip Erdogan’s address was viewed 51,000 times, and Indian

October 1, 2024

The Pakistan Daily

FBR extends date for filing of income tax returns till 14th October

ISLAMABAD: The Federal Board of Revenue (FBR) has finally extended last date for filing of income tax returns up to October 14, 2024. According to an income tax circular number 2 of 2024 issued late night Monday, in exercise of powers conferred under Section 214A of the Income Tax Ordinance 2001, the Federal Board of Revenue is pleased to communicate that the date of filing of Income Tax return for the Tax Year (TY) 2024, for the persons who are required to file their returns by September 30, 2024 is hereby extended up to October 14, 2024 in view of

April 26, 2024

News Desk

Business

The IT company under the control of FBR

Islamabad: The Federal Board of Revenue (FBR) has issued a tax audit notice to an IT company for suspected tax evasion by claiming higher expenses and understating imports amid the government’s increased focus on curbing revenue leakages. The FBR has sought records and books of accounts from M/s Pronet Private Limited under Section 177 of the Income Tax Ordinance, suspected tax evasion during the tax year 2023, according to senior FBR officials. They said the company’s books needed an audit after tax authorities found glaring inconsistencies in income tax returns filed over the past seven years. The records of the

March 4, 2024

The Pakistan Daily

FACT CHECK: Pakistan FIA confirms singer Rahat never involved in money-laundering, tax evasion

LAHORE: The Federal Investigation Agency (FIA) has said there is no evidence that renowned singer Ustad Rahat Fateh Ali Khan has been involved in money laundering, tax evasion or any other illegal activity. Pakistan’s premier investigation agency confirmed that it has closed its investigation into a suspected money-laundering and tax evasion case into the hit singer due to lack of evidence of any wrongdoing. The Additional Director of FIA’s Lahore Zone confirmed that the competent authority has authorized the closure of the investigation against Rahat Ali Khan and others, in accordance with the recommendations put forth by the field inquiry

Prime Minister Shehbaz takes into account the proposal to arrest tax traders

PM Shehbaz’s address becomes most viewed at UN official channel

FBR extends date for filing of income tax returns till 14th October

The IT company under the control of FBR

FACT CHECK: Pakistan FIA confirms singer Rahat never involved in money-laundering, tax evasion

Asif Khaliq drives blue-eyed Chaiwala Arshad Khan’s London success

Munir and Naqvi Join Makkah Pact Talks in Tehran

Iran Says the Border Is Open as Pakistan Ships LPG by Sea