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 179,571.27
436.67M
1.06%
1878.35
ALLSHR 108,600.94
844.23M
1.00%
1073.54
KSE30 53,548.42
162.02M
0.99%
525.53
KMI30 256,725.70
154.74M
0.76%
1936.43
KMIALLSHR 70,620.69
563.61M
0.98%
683.55
BKTi 48,625.03
36.31M
1.37%
658.39
OGTi 37,179.52
8.29M
0.94%
345.85
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 59,505.00 63,160.00
58,995.00
-2860.00
-4.59%
BRENT CRUDE 73.17 77.00
73.13
-3.91
-5.07%
RICHARDS BAY COAL MONTHLY 115.00 0.00
0.00
0.50
0.44%
ROTTERDAM COAL MONTHLY 126.50 126.50
125.90
0.50
0.40%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 69.95 73.18
69.63
-3.26
-4.45%
SUGAR #11 WORLD 14.01 14.09
13.81
0.06
0.43%

Chart of the Day


Latest News
June 24, 2026 at 06:36 PM GMT+05:00

Shifa earns historic dual JCI honor


June 24, 2026 at 06:15 PM GMT+05:00

SCRA balance drops Rs915m to Rs26.3bn


June 24, 2026 at 05:00 PM GMT+05:00

Pakistan showcases basmati, eyes deeper EU trade ties



Top 5 things to watch in this week

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