Business

Punjab Revenue Authority Launches Crackdown on Food Chains Over Tax Violations

The Punjab Revenue Authority (PRA) has announced plans to intensify action against major food chains allegedly involved in tax violations across the province. The move comes as authorities seek to strengthen tax compliance and improve revenue collection from businesses operating in the food and hospitality sector. During a recent review meeting, PRA Chairman Moazzam Iqbal…

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Business

Experts Propose Phased FED Reduction to Boost Revenue and Investment in Pakistan’s Beverage Sector

As Pakistan prepares for the upcoming federal budget, policymakers are exploring new strategies to bridge revenue gaps without placing additional pressure on the country’s already burdened formal sector. Among the proposals gaining attention is a phased reduction in the Federal Excise Duty (FED) on the beverage industry, a move experts believe could stimulate growth, attract…

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