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Tag Archives: SC

Customs Today exposes Maersk sales tax mega scam, SRB starts audit

KARACHI: Pakistan’s biggest ever fraud of sales tax is exposed by Customs Today where M/s Maersk Pakistan (Pvt) Ltd has evaded billions of rupees sales tax in terms of services provided to its local clients. After Customs Today unearthed this mega scam of sales tax, Chairman Sindh Revenue Board (SRB) Khalid Mehmood has finally decided to conduct audit of Maersk ... Read More »

Maersk sales tax mega scam: Appeal to SC to take legal action for recovery of looted amount

KARACHI: Pakistan’s biggest ever fraud of sales tax is unearthed where Maersk shipping line has evaded billions of rupees sales tax in terms of services provided to its local clients whereby the Centre for Investigative Journalism (CIJ) appealed to the Supreme Court of Pakistan to intervene and investigate connivance of Maersk and Sindh Revenue Board in the alleged mega scandal. ... Read More »

SC directs NAB to probe MD PSO’s appointment

ISLAMABAD: The Supreme Court on Saturday summoned National Accountability Bureau (NAB) to probe into the matter regarding the appointment of Managing Director (MD) of Pakistan State Oil (PSO). Chief Justice of Pakistan Justice Mian Saqib Nisar ordered the NAB to also inform the court of its probe into Liquefied Natural Gas (LNG). While observing the irregularities of the government, CJP ... Read More »

PIAF welcomes Rs10b relief through cut in oil prices

LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) Chairman Irfan Iqbal Shiekh has appreciated the caretaker government for reducing the prices of petroleum products by lowering the general sales tax on directives of the Supreme Court of Pakistan (SC). While issuing a press statement along with Senior Vice Chairman Tanvir A Sufi and Vice Chairman Shahzeb Akram, PIAF chairman said ... Read More »

SC orders LHC to start proceedings against Gen Kayani, others

ISLAMABAD: Chief Justice Mian Saqib Nisar has directed the Lahore High Court registrar to fix a case regarding the alleged involvement of former army chief Ashfaq Parvez Kayani and others in closing down a “legally established” medical store depot, and manufacturing, procuring and supplying substandard and spurious medicines to 27 Combined Military Hospitals (CMH). The order was issued on a ... Read More »

Money-laundering case: SC bars FIA from summoning Zardari, Faryal Talpur

ISLAMABAD: The Supreme Court on Thursday directed the Federal Investigation Agency (FIA) to temporarily halt its investigation against former president Asif Ali Zardari and sister Faryal Talpur till July 25 in the fake bank accounts case. A two-member bench of the apex court, headed by Chief Justice of Pakistan (CJP) Mian Saqib Nisar, resumed hearing of a suo motu case ... Read More »

Interior secretary directed to bring back Ishaq Dar immediately

ISLAMABAD: The Supreme Court on Thursday directed the interior secretary to take steps to bring back former finance minister Ishaq Dar to the country on an urgent basis. “Is Dar present today?” Chief Justice of Pakistan (CJP) Mian Saqib Nisar asked the interior secretary as he headed a three-judge bench of the apex court. The bench was hearing a suo ... Read More »

SC declares donations for construction of dams tax-free

ISLAMABAD: The Supreme Court has maintained that the contributions made to the Diamer-Bhasha and Mohmand Dams Fund would not be liable to any tax/duty whatsoever. A four-member bench passed the written orders while hearing the case regarding construction of the two dams and contribution in a fund being established for the purpose. The top court had emphasized the urgent need ... Read More »

New PIA chairman to assume charge soon: SC told

ISLAMABAD: Supreme Court (SC) has been told that Naseer S M Jaffar, the news chairman of PIA, will soon assume charge of his office. A 3-member bench of SC headed by Chief Justice of Pakistan (CJP) Nasir ul Mulk took up PIA chairman appointment case for hearing Thursday. Attorney General (AG) while presenting report in the court told chairman PIA ... Read More »

SC allows govt to sell 322 million OGDCL shares

ISLAMABAD: The Supreme Court of Pakistan has ‘conditionally’ allowed the federal government to privatise Oil and Gas Development Company (OGDCL) and directed that 322 million or 10 per cent OGDCL shares be sold out to companies with higher bids. A three-judge bench headed by Chief Justice Nasir-ul-Mulk has ordered the federal government to deposited the amount generated from selling OGDCL ... Read More »

Customs to move SC against SHC verdict in 24 mixture trucks case

  KARACHI: The legal branch of Pakistan Customs will approach Supreme Court to challenge the Sindh High Court verdict which granted release of 24 mixture trucks. FBR sources told Customs Today that the increasing misuse of mixture trucks has become a cause of great concern for the Customs authorities. The government has allowed the import of used mixture trucks to ... Read More »