No Result
View All Result
Sunday, June 1, 2025
MM News
اردو
  • Home
  • Latest News
  • Showbiz
    Arshad Warsi

    Arshad Warsi and wife face 5-year ban: Will he also disappear from films?

    Deepika Padukone

    In pictures: What are the shocking controversies in Deepika Padukone’s past?

    Hania Amir

    Yashma Gill proposes to Hania Aamir: Her hilarious reply goes viral

    Image: AP

    In Pictures: Thailand’s Opal Suchata Chuangsri crowned Miss World

    Gigi and Bella Hadid

    The Hadid sisters have a stepsister? Here’s what we know

    Alizeh Shah

    Alizeh Shah’s heartfelt Eid al-Adha message captivates fans online

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • Showbiz
    Arshad Warsi

    Arshad Warsi and wife face 5-year ban: Will he also disappear from films?

    Deepika Padukone

    In pictures: What are the shocking controversies in Deepika Padukone’s past?

    Hania Amir

    Yashma Gill proposes to Hania Aamir: Her hilarious reply goes viral

    Image: AP

    In Pictures: Thailand’s Opal Suchata Chuangsri crowned Miss World

    Gigi and Bella Hadid

    The Hadid sisters have a stepsister? Here’s what we know

    Alizeh Shah

    Alizeh Shah’s heartfelt Eid al-Adha message captivates fans online

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Business & Stock

Supreme Court orders FBR to submit tax recovery reports

Salima Bhutto by Salima Bhutto
October 29, 2019
ISLAMABAD: The Supreme Court ordered the Federal Revenue Board on Thursday to submit documentation about the measures taken to recover money from individuals.

On Thursday, the Supreme Court ordered FBR to submit a complete report about the measures that have been taken to recover money from individuals. 

The court told the Chairman of Federal Revenue Board to additionally submit a written report of developments in the case in the time frame of two weeks. The FBR chairman requested for more time to prepare the report, however, the appeal was declined by the court.

“This is a matter of Rs90 million,” remarked Justice Gulzar Ahmed, who was leading the two-member bench hearing the case. “Rs90m went missing from the national treasury and no one knows [about it].”

The judge lambasted the performance of the Bureau, saying that the body was “protecting its employees”, who are suspected to be complicit in the matter.

“How many employees does the FBR have?” the judge inquired. Zaidi told him that the institution employs 21,500 people.

“The salaries of the employees alone probably surpass the recoveries made by FBR,” Justice Ahmed remarked harshly.

He said that those who are found guilty of creating forged companies to evade taxes can be sentenced to jail for up to five years, in addition to being ordered to pay back the money they received as refunds.

The Judge adjourned the hearing indefinitely.

Tags: FBROrderedSupreme CourtTax Evasion
ShareTweetSendShare
Previous Post

Investors observe bearish trend in Pakistan Stock Exchange

Next Post

No reprieve for Sharifs

Related Stories

file image
Business & Stock

FBR proposes increase in withholding tax for vehicles

June 1, 2025
Representative image
Business & Stock

Forex rates in Pakistan today- Sunday, June 1, 2025

June 1, 2025
representative image
Business & Stock

Gold prices in Pakistan today- Sunday, June 1, 2025

June 1, 2025
Shehbaz Sharif
Business & Stock

Balochistan to receive Rs250 Billion in development budget: Shehbaz Sharif

June 1, 2025
File photo
Business & Stock

AirAsia: Malaysia’s budget airline begins flight operations to Karachi

May 31, 2025
File photo
Business & Stock

FBR faces Rs206 Billion tax shortfall in May 2025

May 31, 2025
representative image
Business & Stock

Gold prices further drop in Pakistan

May 31, 2025
file photo
Business & Stock

FBR proposes 100% increase in withholding tax on cash withdrawals from banks

May 31, 2025
Foreign Currency
Business & Stock

Foreign currency exchange rates in Pakistan, 31 May 2025

May 31, 2025
File photo
Business & Stock

Legal status of virtual assets in Pakistan

May 30, 2025
Next Post

No reprieve for Sharifs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Stories

Weather

Karachi sizzles at 39 degree Celsius

by MM News Staff
June 1, 2025
Glaciers in Pakistan
Top News

Pakistan develops policy framework to protect glaciers, combat climate change

by MM News Staff
June 1, 2025
file photo
Transport

Govt doubles public transport fares in Islamabad

by MM News Staff
June 1, 2025
Darra Adam Khel
Crime

Explosion in Darra Adam Khel house kills two, injures several

by MM News Staff
June 1, 2025
President Asif Ali Zardari
National

President stresses need for closer Pakistan-Bangladesh ties

by MM News Staff
June 1, 2025

Opinion

munir ahmed oped
AIF 2025 – A Rallying Cry for Unity in a Fractured World
May 31, 2025
- Munir Ahmed
munir-ahmed-oped-2-1140x1140
Eurasian Economic Union at 10: Looking Beyond the Decade
May 29, 2025
- Munir Ahmed
munir-ahmed-oped-2-1140x1140
Crimea at the Crossroads: Development, Identity, and Geopolitics
May 29, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

Weather

Karachi sizzles at 39 degree Celsius

by MM News Staff
June 1, 2025

Temperatures in Karachi reached 39 degrees Celsius on Sunday as the southern port city...

Glaciers in Pakistan

Pakistan develops policy framework to protect glaciers, combat climate change

June 1, 2025
file photo

Weather updates for Islamabad, other parts of Pakistan

June 1, 2025
Heatwave

Karachi braces for more heat as temperature remains high

May 31, 2025
See all

Prices

representative image
Business & Stock

Gold prices in Pakistan today- Sunday, June 1, 2025

by MM News Staff
June 1, 2025

The following are the current gold prices in Pakistan on Sunday, June 1, 2025....

File photo

Petrol price hiked by Re1 per litre in Pakistan

May 31, 2025
LGP prices have been slashed ahead of Ramadan. File photo

LPG prices announced for June 2025

May 31, 2025
representative image

Gold prices further drop in Pakistan

May 31, 2025
See all

Transport News

file photo
Transport

Govt doubles public transport fares in Islamabad

by MM News Staff
June 1, 2025

The Capital Development Authority (CDA) has introduced a revised fare structure for the city's...

representative image

Everything you need to know about Lahore’s Yellow Line E-Train Project

June 1, 2025
Pakistan Express

Train derailment: Pakistan Express heading to Rawalpindi suffers major accident

June 1, 2025
(Image: Dawn)

Karachi residents protest load-shedding; National Highway blocked

May 31, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.