Tuesday , 19 September 2017
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Tag Archives: 22%

22,000 big taxpayers, 100,000 rich individuals slip under FBR radar

ISLAMABAD: The Federal Board of Revenue (FBR) has identified over 21,800 big taxpayers and 100,000 rich individuals who have disappeared from the tax net in the past one year. In the tax years 2014 and 2015, the big taxpayers – including 7,720 companies and 14,103 associations of persons (AoPs) – …

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Pakistan’s trade deficit widens 22%, stands at $9.3 billion

ISLAMABAD: Pakistan recorded a trade deficit of $9.3 billion in the first four months of the ongoing fiscal year, widening 22% year-on-year and far more than official estimates, as exports failed to recover while imports kept increasing during the July-October period. The higher-than-anticipated trade deficit, gap between exports and imports, …

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