Millat Tractors Limited (PSX: MTL) has considered and approved a business expansion plan to amalgamate its subsidiary Millat Equipment Limited with and into MTL w.e.f. January 01, 2024, the company informed the main bourse on Monday.
The Amalgamatio…
Telecom operators have asked the Ministry of Information Technology and Telecommunication and the Pakistan Telecommunication Authority (PTA) to intervene to safeguard the interests of the telecom industry as well as its consumers with regard to the F…
After the refusal of the Pakistan Telecommunication Authority (PTA), the Federal Board of Revenue (FBR) has decided to summon all mobile phone operators to ensure the blockage of SIMs of 506,671 non-filers by the deadline of May 15, 2024. A top FBR official told ProPakistani that the Pakistan Telecommunication Authority’s
Prime Minister has tasked Secretary Finance Imdad Ullah Bosal to identify officials involved in the delay in implementation of the Track and trace System. Sources informed ProPakistani that the PM on Friday during this cabinet meeting showed dissatisfaction over the report submitted by the Tariq Bajwa led committee on Track
The federal government has started to take punitive action against officials of the Federal Board of Revenue (FBR) just before the budget preparation exercise for the next fiscal year. The major reshuffle has reportedly taken place as Prime Minister Shehbaz Sharif is not satisfied with the performance of the FBR,
The federal government has started to take punitive actions against officials of the Federal Board of Revenue (FBR) for a non-compliance attitude of senior management just before the budget preparation exercise for 2024-25. FBR has placed 12 grade 22 and 21 Inland Revenue Service and Customs officers. It transferred almost
The Directorate of Customs Intelligence, Karachi has detected a fraudulent import of artificial leather worth Rs. 220 million. According to information obtained by ProPakistani, the Directorate of Customs Intelligence, Karachi through Director General Faiz Ahmad Chadhar received credible information that the Clearing Agency M/s Ayyaz Enterprises was involved in imports
The Federal Board of Revenue (FBR) will disallow input tax adjustment of 1,680 Tier-1 retailers in case they fail to integrate with the FBR’s computerized system for real-time reporting of sales till May 31, 2024. A Sales Tax General Order No. 01 of 2024 issued on Wednesday revealed that the
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