Retailers given DEC 1st Deadline by FBR

The Federal Board of Revenue (FBR) on Thursday asked the big retailers to ensure installation of its point-of-sale invoicing app into their systems by December 1 to report turnover with the tax authority on real-time basis. If the retailers fail to link their systems with the FBR, they would not be entitled to the reduced 14% sales tax, according to the FBR’s notification. The FBR, … Continue reading Retailers given DEC 1st Deadline by FBR

NAB arrests Aijaz Jakhrani- alleged front man of PPP leader

The National Accountability Bureau (NAB) team has arrested former chairman of the Jacobabad Municipal Committee, Ghulam Abbas Jakhrani, in assets beyond known sources of income, ARY News reported on Saturday. According to accountability bureau sources, Jakhrani has accumulated assets beyond his known sources of income being chairman of the Jacobabad Municipal Committee and is also accused of giving a bulletproof vehicle to former President Asif … Continue reading NAB arrests Aijaz Jakhrani- alleged front man of PPP leader

Khursheed Shah, Senior PPP leader, arrested by NAB

The National Accountability Bureau Rawalpindi on Wednesday arrested Pakistan People’s Party (PPP) senior leader Khursheed Shah from near Bani Gala. According to NAB sources, the PPP leader was arrested in a case pertaining to acquiring assets beyond means of income. Sources in NAB said the arrest came after allegations were proven in the initial investigation against the PPP leader and that further inquiry would be … Continue reading Khursheed Shah, Senior PPP leader, arrested by NAB