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 166,409.25
235.53M
-0.47%
-784.19
ALLSHR 100,707.78
824.63M
-0.45%
-457.17
KSE30 49,026.65
68.91M
-0.60%
-294.03
KMI30 237,971.74
66.09M
-0.41%
-986.42
KMIALLSHR 65,023.98
327.90M
-0.48%
-312.08
BKTi 45,944.24
13.97M
-0.74%
-340.31
OGTi 33,648.58
5.44M
-0.37%
-124.48
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,955.00 77,955.00
76,820.00
985.00
1.28%
BRENT CRUDE 113.40 114.29
111.03
2.60
2.35%
RICHARDS BAY COAL MONTHLY 134.00 134.00
134.00
3.00
2.29%
ROTTERDAM COAL MONTHLY 148.05 148.05
145.60
4.10
2.85%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50
0.00
0.00%
CRUDE OIL - WTI 102.95 104.99
102.43
0.95
0.93%
SUGAR #11 WORLD 19.37 19.58
19.21
-0.10
-0.51%

Chart of the Day


Latest News
October 31, 2026 at 05:38 PM GMT+05:00

SECP marks nearly 40,000 non-filing companies inactive


October 31, 2026 at 03:34 PM GMT+05:00

Weekly Market Roundup


October 31, 2026 at 12:40 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators



Top 5 things to watch in this week

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