FBR to conduct scrutiny of tax-exempted welfare organisations

News Image

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

0:00

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 168,412.23
592.49M
-0.64%
-1085.12
ALLSHR 100,841.15
1,186.30M
-0.49%
-498.14
KSE30 50,990.49
119.02M
-0.81%
-418.65
KMI30 241,834.15
330.82M
-0.57%
-1391.56
KMIALLSHR 65,320.38
781.20M
-0.50%
-328.34
BKTi 47,340.81
74.99M
-0.96%
-458.37
OGTi 34,939.95
5.93M
-0.69%
-243.35
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,620.00 77,840.00
76,425.00
-570.00
-0.74%
BRENT CRUDE 111.59 112.70
107.81
3.36
3.10%
RICHARDS BAY COAL MONTHLY 109.50 110.00
109.00
2.40
2.24%
ROTTERDAM COAL MONTHLY 106.20 106.75
106.00
1.90
1.82%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 100.07 101.85
96.24
3.70
3.84%
SUGAR #11 WORLD 14.23 14.28
13.98
0.26
1.86%

Chart of the Day


Latest News
April 28, 2026 at 05:57 PM GMT+05:00

UAE walks away from OPEC amid energy turmoil


April 28, 2026 at 05:30 PM GMT+05:00

CNERGY Delivers Massive Turnaround, Hits Rs17.1bn Profit


April 28, 2026 at 05:19 PM GMT+05:00

Packages Limited delivers 5.7x profit surge


April 28, 2026 at 04:58 PM GMT+05:00

Matco Foods earnings rise 39% despite sales dip


April 28, 2026 at 04:47 PM GMT+05:00

TOMCL 9MFY26 profit falls 16%



Top 5 things to watch in this week

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