Pakistan
Delay in tax cases: PM orders to suspend Chief Commissioner Inland Revenue
Shehbaz Sharif said that hundreds of billions of national treasuries is subject to legal disputes, he will not accept any kind of carelessness and negligence in this regard. H
Islamabad: Taking notice of the deliberate delay in tax cases, Prime Minister Muhammad Shehbaz Sharif Tuesday ordered the suspension of Chief Commissioner Inland Revenue Islamabad and all the relevant officers and conduct an inquiry.
According to the details, the Prime Minister took notice of the Federal Board of Revenue's (FBR) lawyer's request to delay the date of a case in the court.
Shehbaz Sharif said that hundreds of billions of national treasuries is subject to legal disputes, he will not accept any kind of carelessness and negligence in this regard. He is personally monitoring the reforms in the tax system under his promise to the people. ‘We have to work hard day and night to save every penny of the country and increase the revenue,’ he added.
It is pertinent to note that on April 18, the federal government had prepared to abolish the offices of Commissioner Inland Revenue Appeal.
It is reported that legislation to abolish the offices was rushed through Parliament, and cases of the Commissioner of Inland Revenue would be transferred to the tribunal.
The government document stated that 19,899 cases are pending in these 35 offices, 1158 billion rupees worth of tax cases are pending in Inland Revenue Commissioner Appellate Offices.
The document said that 71,664 tax-related cases are pending in the tribunals, the pending cases in the tribunals are related to Rs2,237 billion. At the moment, a total of 145,036 cases are pending in various courts.
According to the document, 4,236 billion rupees of tax matters have to be decided in the pending cases. 19,528 cases worth Rs740 billion are pending in the four high courts. The 3455 tax-related cases are pending in the Supreme Court.
Crime
Alleged suicide of youth near Karachi Seaview
Father of the young man said that the rescue team is also searching in the sea.
Karachi: A young man allegedly committed suicide near Karachi's Seaview Do Darya.
In this regard, the young man's father Mahmood said that 27-year-old Tahir Mahmood drives cab for an online service. He had two marriages and is father of two girls.
Father Mehmood stated that one of the two daughters had died. Late at night the daughter-in-law called crying and said Tahir is at Seaview, they need to go there immediately.
He added that on the way, the daughter-in-law told that Tahir had made a video call while going to the sea, saying that he is committing suicide, you all should be happy. Since he is missing, nothing has been known.
Mehmood, father of the young man, said that the rescue team is also searching in the sea. The operation was started in the morning due to darkness at night, the police is also present at the spot.
Business
IT exports of Pakistan up by $339 million
Pakistan's IT exports recorded an increase of 17.44% compared to last year's same period which was 1.940 billion dollars.
Islamabad: Pakistan's IT exports have increased by a record 339 million dollars.
According to the Ministry of IT, from July 2023 to March 2024, IT exports reached 2.28 billion dollars.
The Ministry of IT said that Pakistan's IT exports recorded an increase of 17.44% compared to last year's same period which was 1.940 billion dollars.
According to the Ministry of IT, the exports increased by 306 million dollars during March 2024, which is a 36% increase in IT exports in the same month last year, while IT exports increased by 225 million US dollars in March 2023.
According to the IT Ministry, IT exports increased by 19% during February 2024.
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