VAT fraud ring broken in Europe, 520m euros seized ROME: Investigators have broken up a mafia-linked crime ring carrying out VAT fraud in Europe, issuing around 40... Published 15 Nov, 2024 06:36am
Print GST fraud allegations: Leading cos’ CFOs go into hiding ISLAMABAD: The chief financial officers (CFOs) of companies allegedly involved in sales tax fraud have apparently... Updated 18 Oct, 2024 02:53pm
Print Tax returns filed by CFOs: FBR lifts affidavit filing condition ISLAMABAD: The Federal Board of Revenue (FBR) has withdrawn a major condition of filing of affidavits (tax period... Updated 18 Oct, 2024 09:25am
Print Sales tax fraud: Five senior companies’ officials held ISLAMABAD: The Directorate General of Intelligence & Investigation-Inland Revenue has arrested five senior... Updated 15 Oct, 2024 09:15am
Markets ‘War on tax fraud’: Pakistan faces revenue gap of Rs3.4tr due to tax evasion & fraud, says finance ministry Finance & Revenue Division cites FBR study pertaining to iron & steel, beverages, batteries, textile, and cement sectors Updated 10 Oct, 2024 09:18pm
Business & Finance Cement co found involved in massive tax fraud KARACHI: A top cement company is involved in a huge tax fraud scheme amounting to over Rs. 11 billion through a ... Published 28 Sep, 2024 07:16am
Business & Finance Major sales tax fraud unearthed KARACHI: The Directorate of Internal Audit (Southern Region) has uncovered a major sales tax fraud involving Rs 11.3... Published 16 Aug, 2024 06:56am
Print ‘Tax fraud’ definition expanded under revised Sales Tax Act 1990 ISLAMABAD: The “tax fraud” would cover any person, who would make taxable supplies without getting sales tax... Updated 26 Jul, 2024 09:40am
Print Special Judge C&ET Karachi to take up tax fraud case on 27th ISLAMABAD: Special Judge Customs & Excise Taxation Karachi will take up the matter of alleged tax fraud on fake/... Updated 08 Jul, 2024 09:22am
Business & Finance Tax fraud unearthed in a Karachi textile unit KARACHI: The Directorate of Post Clearance Audit (PCA) South has “exposed” a large-scale tax fraud worth ... Published 06 Jul, 2024 06:48am
Business & Finance FBR to set up ‘tax fraud probe wing’ ISLAMABAD: The Federal Board of Revenue (FBR) has decided to establish a Tax Fraud Investigation Wing-Inland Revenue... Published 29 Jun, 2024 06:40am
Business & Finance Scope of ‘tax fraud’ phrase widened ISLAMABAD: The issuance of sales tax invoice without actual supply of goods in the market would now be considered a... Published 24 Jun, 2024 07:00am
Business & Finance Around Rs358m another tax fraud detected in EFS KARACHI: Another tax fraud, amounting to around Rs 358 million has been detected in the Export Facilitation Scheme... Published 23 Feb, 2024 06:36am
Business & Finance EFS: another tax ‘fraud’ detected KARACHI: Another tax fraud, amounting to around Rs 358 million has been detected in the Export Facilitation Scheme... Published 23 Feb, 2024 06:36am
Print Property registration in Punjab: Mega WHT evasion scam unearthed Tax office of Federal Board of Revenue conducts an electronic audit of property registrars in Punjab Updated 18 Dec, 2023 11:51am
Pakistan Two accused held under Section 37A of ST Act 1990 ISLAMABAD: In an effort to curb the menace of fake and flying invoices, Directorate of Inland Revenue Intelligence... Published 29 Sep, 2023 06:24am
Print Units involved in tax fraud: FBR suggests new sections in ST Act for penal action ISLAMABAD: The Federal Board of Revenue (FBR) has proposed separate sections in the Sales Tax Act for suspension of... Updated 27 Aug, 2023 09:36am
Print FBR wing unearths Rs1.2bn tax fraud scheme KARACHI: The Directorate of Internal Audit-Inland Revenue-FBR Karachi has made a significant breakthrough in... Updated 01 Aug, 2023 09:26am
Print Sale tax law: expert approves of new definition of ‘tax fraud’ ISLAMABAD: The acquirers or possessors (traders) of smuggled/ domestic goods, on which sales tax has not been paid,... Updated 31 Jul, 2023 09:46am
Business & Finance DI&IR Lahore detects ‘tax fraud’ by a company ISLAMABAD: Directorate of Intelligence & Investigation (IR) Lahore has detected a tax fraud committed by a... Published 27 Jun, 2023 06:15am
Business & Finance EU backs tougher tax rules on crypto transactions BRUSSELS: EU ministers agreed stronger rules Tuesday to crack down on the use of cryptocurrencies in tax fraud, as... Published 22 May, 2023 06:23am
Print FTO orders FBR to initiate probe into ‘tractor fraud’ ISLAMABAD: The Federal Tax Ombudsman (FTO) has issued an order in favour of poor growers/ farmers community of Sindh... Updated 13 Feb, 2023 09:19am
Business & Finance EU uncovers 2.2-bn-euro cross-border tax fraud BRUSSELS: The EU on Tuesday announced the discovery of a sophisticated 2.2-billion-euro ($2.3-billion) VAT tax fraud... Published 30 Nov, 2022 05:53am
Print Deutsche Bank HQ raided in tax fraud probe FRANKFURT: The headquarters of Germany’s biggest lender Deutsche Bank were raided on Tuesday as part of... Published 19 Oct, 2022 06:44am
Life & Style Spanish court formally sends Shakira to trial for tax fraud MADRID: A Spanish court on Tuesday formally ordered Colombian superstar Shakira to stand trial on accusations that... Published 27 Sep, 2022 05:06pm
World Dubai appeals non-extradition of Briton accused of tax fraud DUBAI: Dubai’s attorney general will appeal against a court’s refusal to extradite a British national wanted over an... Published 16 Sep, 2022 08:38pm
World UAE rejects extradition of Briton accused of $1.7bn tax fraud COPENHAGEN: A Dubai court on Monday rejected Denmark’s extradition request for a Briton accused of robbing the... Published 12 Sep, 2022 09:09pm
Sports Ex-footballer Samuel Eto’o pleads guilty to tax fraud to avoid prison BARCELONA: Former Cameroon football star Samuel Eto’o has struck a deal with Spanish prosecutors to avoid going to... Published 20 Jun, 2022 09:08pm
Life & Style Shakira loses appeal to avoid trial in Spanish tax fraud case MADRID: A Spanish court has dismissed an appeal from Colombian singer Shakira and ratified a prior decision, which... Published 26 May, 2022 06:42pm
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept