PRAL – BOL News Staging

FBR’s system glitches deny NPO, trust to change status

December 4, 2021 by Muhammad Zubair

KARACHI: Errors in the online system of the Federal Board of Revenue (FBR) are denying applications for processing the change of status from the association of persons (AOPs) to non-profit organization (NPO) or a trust. To resolve the issue, the Pakistan Tax Bar Association (PTBA) wrote a letter on December 3, 2021 to the FBR … Read more

BOL Exclusive – KEPZ units: Customs Intelligence Unearths Rs4.15 billion duty, tax evasion

October 18, 2021June 17, 2021 by Web Desk

KARACHI: The Customs directorate of intelligence and investigation (I&I) has unearthed massive evasion of duty and taxes worth Rs4.15 billion by the units located in the Karachi Export Processing Zone (KEPZ), official documents made available to BOL News on Thursday revealed. The directorate said that it had detected massive mis-declaration and evasion of duty and … Read more

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