Tag Archives: Rs5.5bn tax evasion detected in steel sector

ISLAMABAD: The Federal Tax Ombudsman (FTO) has unearthed glaring discrepancies in rules that facilitated a tax evasion of Rs5.5 billion in the steel sector and suggested ways for recovery from evaders. The ombudsman in its findings recommended to the Federal Board of Revenue (FBR) to re-locate the jurisdiction of steel cases from the Corporate Tax Office (CTO) Lahore to Large …

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