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WB loan condition: FBR decides to hike valuation rates of properties

ISLAMABAD: Under the World Bank’s loan conditions, the Federal Board of Revenue has decided to jack up valuation rates of properties in the range of 13 to 15 per cent on average in different. ....

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ICT devalues prime real estate by Rs4.5tr

ISLAMABAD: Just ahead of the upcoming budget, Islamabad Revenue Administration has whimsically devalued real estate by Rs 4.5 trillion by revising downward DC rates, which will facilitate massive. ....

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Rs310b annual tax evasion by five sectors

Rs310b annual tax evasion by five sectors
thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.

Islamabad Capital Territory , Islamabad District , France General , Stamp Act , Punjab Stamp , Valuation Tables , Urban Land , Federal Board , Islamabad District Collector , Islamabad Residential Sectors Zoning , Building Control , Afghanistan Pakistan Transit Trade Agreement , இஸ்லாமாபாத் மூலதனம் பிரதேசம் , இஸ்லாமாபாத் மாவட்டம் , முத்திரை நாடகம் , நகர்ப்புற நில , கூட்டாட்சியின் பலகை , கட்டிடம் கட்டுப்பாடு ,

Rs310b annual tax evasion by five sectors

Rs310b annual tax evasion by five sectors
National
May 27, 2021
ISLAMABAD: Tax evasion and illegal trade in five sectors - tea, tyres & auto lubricants, pharmaceuticals, illicit cigarettes and real estate - are inflicting a whopping annual loss of Rs 310bn to the country’s exchequer.
The annual loss to the national kitty because of tax evasion in the tea industry was estimated to stand at Rs35b; in the tyres and auto-lubricants industry Rs90b; in the pharmaceutical industry Rs 45bn; in the illegal tobacco trade Rs80b;; and in the real estate sector to be Rs60b, says a research paper by IPSOS, which is headquartered in Paris and has a direct presence in 90 major markets with operations in 120 countries. ....

Islamabad Capital Territory , Islamabad District , France General , Stamp Act , Punjab Stamp , Valuation Tables , Urban Land , Federal Board , Islamabad District Collector , Islamabad Residential Sectors Zoning , Building Control , Afghanistan Pakistan Transit Trade Agreement , இஸ்லாமாபாத் மூலதனம் பிரதேசம் , இஸ்லாமாபாத் மாவட்டம் , பிரான்ஸ் ஜநரல் , முத்திரை நாடகம் , நகர்ப்புற நில , கூட்டாட்சியின் பலகை , கட்டிடம் கட்டுப்பாடு ,