FBR to conduct scrutiny of tax-exempted welfare organisations

News Image

MG News | March 05, 2018 at 05:41 PM GMT+05:00

SIALKOT, Mar 5 (APP)::Federal Board of Revenue (FBR) has decided to conduct a scrutiny of financial and tax records of 300 trust hospitals and welfare organisations.

According to senior FBR officials, these organisations and health facilities have tax exemption, but are making profits in Gujranwala division's all six districts: Sialkot, Narowal, Gujrat, Mandi Bahauddin, Hafizabad and Gujranwala. The officials said that the FBR would withdraw the tax exemption facility from the profit-making organisations after a thorough scrutiny.

The Bureau has has sought complete details and account records of these hospitals and other organizations.

Related News

Name Price/Vol %Chg/NChg
KSE100 174,776.60
261.56M
-0.96%
-1690.40
ALLSHR 106,113.05
605.48M
-0.99%
-1065.46
KSE30 52,134.27
88.44M
-0.95%
-498.16
KMI30 249,368.78
99.61M
-0.99%
-2480.72
KMIALLSHR 68,616.12
358.22M
-1.06%
-736.48
BKTi 49,000.44
34.89M
-1.12%
-554.51
OGTi 35,664.22
6.59M
-1.23%
-445.74
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,625.00 0.00
0.00
45.00
0.06%
BRENT CRUDE 95.23 97.04
93.52
0.58
0.61%
RICHARDS BAY COAL MONTHLY 122.50 0.00
0.00
-1.00
-0.81%
ROTTERDAM COAL MONTHLY 136.25 137.00
135.00
0.80
0.59%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 90.63 92.29
88.97
0.41
0.45%
SUGAR #11 WORLD 18.71 18.77
18.07
0.35
1.91%

Chart of the Day


Latest News
September 02, 2026 at 10:20 PM GMT+05:00

SBP raises Rs680bn through MTB Auction


September 02, 2026 at 09:56 PM GMT+05:00

Naya Nazimabad Apartments REIT book building oversubscribed 8x


September 02, 2026 at 05:11 PM GMT+05:00

Cement despatches decline nearing 1% in August


September 02, 2026 at 05:04 PM GMT+05:00

NAB recoveries strengthen national exchequer


September 02, 2026 at 04:59 PM GMT+05:00

PM Shehbaz Sharif departs Kyrgyzstan after key bilateral talks



Top 5 things to watch in this week

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