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Aftab Maken The Federal Board of Revenue (FBR) has decided to tighten its grip on individuals conducting financial transactions that exceed the income declared in their tax returns. FBR Chairman Rashid Langrial emphasized that taxpayers who underreport their income will be identified and brought into the tax net using an …

The Oil and Gas Regulatory Authority (OGRA) has taken serious notice of illegal activities related to liquefied petroleum gas (LPG), including gas theft, illegal decanting, the mixing of carbon dioxide (CO2) with LPG, and violations of safety standards. In response, OGRA has deployed teams to identified locations to conduct inspections …

The Cabinet Committee on State-Owned Enterprises (CCoSOEs) on Tuesday convened under the leadership of Senator Muhammad Aurangzeb, the Federal Minister for Finance and Revenue, at the Finance Division. Among the attendees were Federal Minister for Housing and Works Riaz Hussain Pirzada, the Attorney General of Pakistan, the Executive Director of …