The Senate Standing Committee on Interior's subcommittee expressed serious concern over disparities in tax-exempt imported raw materials, directing the FBR to vigorously pursue tax leakages. Officials were instructed to investigate alleged evasion, particularly in high-value sectors like ghee, to recover substantial revenue. The committee emphasized strengthening the tax system by identifying loopholes and preventing misuse of exemptions. These efforts to improve Pakistan's fiscal health could potentially strengthen the Pakistani Rupee (PKR) and influence local gold prices.
بحوالہ / Source: www.dawn.com