PRA steps up crackdown on tax evasion

News Image

MG News | August 04, 2026 at 06:02 PM GMT+05:00

August 04, 2026 (MLN): The Punjab Revenue Authority (PRA) carried out surprise inspections of hotels, restaurants, and commercial establishments in Rawalpindi to audit compliance with the Electronic Invoice Monitoring System (e-IMS) and curb revenue leakages.

The enforcement drive was carried out under the supervision of PRA Commissioner Rawalpindi Khalid Yameen Satti, who warned that legal action would be intensified against entities found issuing fake invoices or defaulting on provincial tax obligations, APP reported.

The commissioner directed business owners to integrate e-IMS into their operations to properly document commercial transactions, issue verified tax invoices, and deposit dues into the national exchequer.

He added that unannounced monitoring visits would continue across the region as part of efforts to meet revenue collection targets.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 177,083.22
263.77M
-0.63%
-1116.80
ALLSHR 106,985.24
708.60M
-0.56%
-599.74
KSE30 52,836.31
88.14M
-0.71%
-377.39
KMI30 249,402.60
98.38M
-0.75%
-1875.51
KMIALLSHR 68,629.46
382.90M
-0.54%
-369.14
BKTi 50,585.57
17.47M
-0.42%
-215.71
OGTi 34,443.84
5.73M
-1.18%
-411.99
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 64,160.00 64,485.00
63,550.00
75.00
0.12%
BRENT CRUDE 80.79 86.33
80.46
-2.98
-3.56%
RICHARDS BAY COAL MONTHLY 107.75 0.00
0.00
0.95
0.89%
ROTTERDAM COAL MONTHLY 119.75 120.40
119.75
2.00
1.70%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 76.82 82.33
76.58
-3.52
-4.38%
SUGAR #11 WORLD 15.02 15.33
15.01
0.01
0.07%

Chart of the Day


Latest News
August 04, 2026 at 06:31 PM GMT+05:00

Tasdeeq IPO: Real Moat, Rosy Math


August 04, 2026 at 06:02 PM GMT+05:00

PRA steps up crackdown on tax evasion


August 04, 2026 at 05:08 PM GMT+05:00

SBP raises unrated borrower exposure limit to Rs10bn



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg