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Wednesday, 25 April 2018

The big news for the people associated with the real estate business was declared FBR

FBR has decided to survey the Real Estate Industry in all major cities on the style of real estate industry in Karachi. In this regard, senior officer of the FIFF said that large-scale real estate sector On the basis of the information of tax evasion, keeping the survey in Karachi as an initial model, the report was conducted in Karachi and its report revealed that keeping a comprehensive survey done in all major cities, keeping in mind the survey.
Sources said the survey According to the report, the real estate industry is spreading rapidly in Karachi, but most of the storage plots are not registered with the most departments of real estate connectors selling luxury flats and apartments. According to the sources, Surveys will be made in major cities like Lahore, Islamabad, Faisalabad, Peshawar, Multan, Quetta, and including Gawadar and existing formatting of field formats will be taken, based on the basis of talented taxpayers, they will be brought to the Net. Other charges will be received including penalties.
FBR has sealed auto parts manufacturing Bright car engineering private limited company’s accounts
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The Federal Board of Revenue frozen accounts of the auto-made bright car engineering private-owned company,  According to the sources, FBR Lighting Private Furnished Bank accounts There are four million rupees in the income tax of the year 2013, due to auto-made bright car engineering privileges.
After extensive intelligence operations launched by the Intelligence Report, which could be harmed in the name of NGOs, started operation
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The Federal Board of Revenue was mobilized against the people and institutions involved in tax evasion in the name of new NGOs, the investigation was started against NGOs and non-profit organizations. According to the sources, the FBR conducted non-profit organizations and According to the report, all field formats have been sent from the FBR under the agreement. According to the FBR record, 2251 NGOs and non-profit Institutions across the country have been registered.



Popular singer Arif Lohar also accused of hiding income, how many years did not give tax, FBR sought details
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FBR has given notice to the famous singer Arif Lohar, who woke up the sound of the voice over all over the world and raising the name of Pakistan, giving him notice of fifteen days and details of his three-year earnings. According to details, FBR issued the notice to singer Arif Lohar and requested details of the last three years, and expressed reservations on the revenue shown in the fiscal year. FBR has given details in fifteen days Or even order or on the other hand, Arif Lohar refused to disagree with the news that he did not give tax, says he never conceal the income, he also said I am the regular taxpayer, the FBR has been misunderstanding that will soon go away.

60% registered companies do not pay tax, FBR
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The Federal Board of Revenue (FBR) in Pakistan has 2,008 companies are paying tax other registered 3,333 companies - 60.1 percent of the total registered companies do not pay any tax. According to the available FBR documents, 3,333 companies had collected a total of Rs 170 billion.The taxpayers of one of the total registered companies are 7.6 percent, whose tax paid is 82 lakh 87 thousand.
Similarly, at 6.25 lakhs, 6.2 companies had Rs 5.45 million Companies between Rs.5 to 10 lakhs are 3.5 percent and these companies paid taxes worth Rs. 42 million. Tax paying companies between 10 to 50 lakhs are 6.7 percent of the total companies and they have Rs. 556.66 million Taxes. Taxes between 50 million and one crores are only 2.4 percent and their tax amount is 55 million 47 million. While the rate of taxing companies between one crore to 5 crores is 6.3 percent and the amount of tax collected by these companies is Rs 5 billion 17 crore. The rate of companies between 5 to 10 crores is only 2.10 percent and He paid Rs. 4 billion 89 crore tax. According to reports, more than 10 million tax companies are about 5 percent and those companies have collected Rs. 158 billion 45 million tax.

Bahamas Leaks, 158 Pakistanis were trapped badly, including former ministers and other important personalities, you will also be surprised to know the name.
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Federal Board of Revenue issued the notice to 158 Pakistanis included in Bahamas Leaks, besides Zia-based Minister of State and Zia-e-Islam-e-Khursheed Khursheed, former federal minister and currency exchange Altaf Khanani's sons also came under action. According to the TV, the FBR has issued a notice against the Pakistanis involved in Bahamas Lex, while issuing a notice to 158 Pakistani owners of off noise companies. In the era of Pervez Musharraf, the son of the minister of Health, Naseer Khan and former professor of Jamaat-e-Islami Khursheed is also included among the notices. According to the FBR sources, discrimination notice has been issued as per the instructions of the Finance Minister to Pakistanis included in Bahamas Leaks. Currency Exchange Altaf Khanani's son has also been issued the notice.

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