Daily Archives: October 29, 2017

FBR restrains internal audit from sending notices directly to taxpayers

KARACHI: Federal Board of Revenue (FBR) has amended laws to restrain directorate general of internal audit from issuing notices to taxpayers for providing information including bank information, wealth statement and annual returns.

Tiles and sanitary ware industry threatens to shut down against imposition of regulatory duty

KARACHI: Mohammad Amin Lasania, Chairman, All Pakistan Tiles and Sanitary Merchants Association has warned the authorities that if regulatory duty and anti-dumping duty are not withdrawn then the industry has no option but to shut down their businesses, which will not only decline the revenue but also cause unemployment of one million people attached to this industry.