The Federal Board of Revenue (FBR) on Friday ordered an investigation against the industrial undertakings to verify whether tax credit of over Rs. 5 billion under section 65D of the Income Tax Ordinance 2001 was admissible or tax fraud. FBR

Current Additional Auditor General of Pakistan, Ghulam Muhammad Memon, has been appointed as the Acting Auditor General, according to a notification issued by the Finance Division on Friday. The appointment has been made with immediate effect till the appointment of

Pakistan does not have a privacy statute of the general application nor has a national consumer protection statute that applies directly to electronic commerce, says the Asian Development Bank (ADB). ADB, in its report “E-commerce in CAREC countries, laws and

Federal Minister for Finance and Revenue Shaukat Tarin has said that the country’s economy is heading in the right direction. In a meeting with Governor Sindh Imran Ismail at the Governor House, the Minister said international organizations are acknowledging Pakistan’s

The federal Ombudsman, Syed Tahir Shahbaz has directed the Federal Government Employees Housing Authority (FGEHA) to accommodate all the leftover employees in the balloting of the second phase. He called for the housing policies, plans, and other information to be