Pakistan Customs unearthed ‘money laundering’ worth Rs.3.5 billion in Sindh’s Hyderabad district on Monday. According to details, the documents said that HSJI company in Hyderabad evaded tax of Rs.70 million and imported 14,392 metric tons of raw steel bars but avoided paying tax on it as per customs facility. The documents further stated that the company was allowed to import raw material for steel bars and pay taxes after turning it into a finished product.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Saudi Arabia rolls over $3bn deposit support for Pakistan

Saudi Arabia has extended the term of its $3 billion deposit placed…

Putin signs decree taking over Russian assets of foreign firms

President Vladimir Putin has signed a decree establishing temporary control of the…

اداکارہ پریانکا چوپڑا کے ہاں سروگیسی کے ذریعے بچے کی پیدائش

بالی وڈ اداکارہ پریانکا چوپڑا اور نک جونس کے ہاں سروگیسی کے…

Ministry of Health reveals an increase in Aids patients in Pakistan

In comparison to other Asian countries, the number of AIDS patients in…