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FBR to impose 'heavy' penalties on sugar mills


FBR to impose ‘heavy’ penalties on sugar mills
Business
January 30, 2021
KARACHI: The Federal Board of Revenue (FBR) has decided to impose ‘heavy’ penalties on sugar mills if they fail to connect their facilities through real-time video links with the tax authority, it said on Friday.
The FBR warned sugar mills and vendors who install video analytics system (VAS) to get the task done by January 31 otherwise they would face heavy penalties from February.
The FBR issued instructions to chief commissioners having jurisdictions to impose penalty on non-compliant sugar mills. The FBR also issued warning to the selected vendors of fine and penalties on non-compliance. ....

Pakistan Sugar Mills Association , Large Taxpayers Office Karachi , Engineering Technology , Federal Board , Sales Tax Rules , Video Analytics Rules , Electronic Monitoring , Specified Good , பாக்கிஸ்தான் சர்க்கரை ஆலைகள் சங்கம் , பெரியது வரி செலுத்துவோர் அலுவலகம் கராச்சி , பொறியியல் தொழில்நுட்பம் , கூட்டாட்சியின் பலகை , விற்பனை வரி விதிகள் , காணொளி பகுப்பாய்வு விதிகள் , மின்னணு கண்காணிப்பு , குறிப்பிடப்பட்டுள்ளது நல்ல ,

Payment to Broadsheet: NAB mistake inflicts heavy loss on national kitty


National
January 29, 2021
ISLAMABAD: Broadsheet case has taken another turn as it has emerged that the national exchequer had to suffer loss of millions of rupees due to alleged mistake of the National Accountability Bureau (NAB) while paying damages on the order of Arbitration Court of London.
The NAB did not deduct 15 percent withholding tax while paying $28.7 million as damages in Broadsheet case. The Federal Board of Revenue (FBR) has sent a notice to pay Rs60.9 million. According to reliable sources, a notice was sent to NAB to pay Rs60.9 million ($40.3m) to the FBR. The notice was sent to DG NAB Headquarters on behalf of International Tax Department of FBR under Section 152 of FBR Ordinance. ....

City Of , United Kingdom , Pakistan High Commission , National Accountability Bureau , International Tax Department , Arbitration Court , Federal Board , Income Tax Ordinance , Pakistan High , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , பாக்கிஸ்தான் உயர் தரகு , தேசிய பொறுப்பு பணியகம் , சர்வதேச வரி துறை , நடுவர் நீதிமன்றம் , கூட்டாட்சியின் பலகை , வருமானம் வரி ஆர்டிநந்ஸ் , பாக்கிஸ்தான் உயர் ,

Payment to Broadsheet: NAB's mistake inflicts heavy loss to national kitty


Top Story
January 29, 2021
ISLAMABAD: Broadsheet case has taken another turn as it has emerged that the national exchequer had to suffer loss of millions of rupees due to alleged mistake of the National Accountability Bureau (NAB) while paying damages on the order of Arbitration Court of London.
The NAB did not deduct 15 percent withholding tax while paying $28.7 million as damages in Broadsheet case. The Federal Board of Revenue (FBR) has sent a notice to pay Rs60.9 million.
According to reliable sources, a notice was sent to NAB to pay Rs60.9 million ($40.3m) to the FBR. The notice was sent to DG NAB Headquarters on behalf of International Tax Department of FBR under Section 152 of FBR Ordinance. ....

City Of , United Kingdom , Pakistan High Commission , National Accountability Bureau , International Tax Department , Arbitration Court , Federal Board , Income Tax Ordinance , Pakistan High , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , பாக்கிஸ்தான் உயர் தரகு , தேசிய பொறுப்பு பணியகம் , சர்வதேச வரி துறை , நடுவர் நீதிமன்றம் , கூட்டாட்சியின் பலகை , வருமானம் வரி ஆர்டிநந்ஸ் , பாக்கிஸ்தான் உயர் ,

Armed men torch P13M worth of heavy equipment in Leyte


SunStar
+
January 24, 2021
AT LEAST P13 million worth of heavy equipment were torched by still unidentified armed men in Mahaplag, Leyte Sunday, January 24, 2021.
The equipment burned were a backhoe and a bulldozer owned by a construction firm.
Responding elements from Mahaplag Municipal Police Station and Philippine Army’s 14th Infantry Battalion said the incident happened around 2 a.m. Sunday in Sitio Agotayan, Barangay San Juan, Mahaplag.
According to the report, more or less 20 armed men arrived at the said place and burned the heavy equipment.
Authorities are investigating the incident.
(SunStar Philippines) ....