• Download the Constitution of Pakistan
  • Advertise
Monday, June 9, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Business

PM Imran Khan fires senior FBR official for illegally approving Rs. 58 million income tax refunds

by Web Desk
July 30, 2021
in Business, Politics
Reading Time: 1 min read
0
FBR
Share on FacebookShare on TwitterLinkedinWhatsapp

Prime Minister Imran Khan has dismissed from services a senior Inland Revenue official (Grade-20) of the Federal Board of Revenue (FBR) for illegally approving income tax refunds of Rs. 58,606,508 to a company without fulfilment of laid down rules and regulations.

In this regard, the FBR has issued a notification ((Dismissal from Service) here on Thursday against the Director (Enforcement), FBR (HQ), Islamabad.

Under the notification, the disciplinary proceedings were initiated against Director (Enforcement), FBR (HQ), Islamabad under Government Servants (Efficiency & Discipline) Rules, 1973, on account of “Inefficiency”, “Misconduct” and “Corruption”.
Asim Ahmad (IRS/BS-21), the then Director-General, Directorate General of Intelligence and Investigation (IR), Islamabad was appointed as Inquiry Officer who submitted the inquiry report on April 22, 2020. The Inquiry Officer concluded that Rajabuddin (IRS/BS-20) approved and authorized the issuance of legally inadmissible Income Tax refunds in indecent haste in the case of M/s Digicom Trading (Pvt) Limited (NTN: 3412455-1), amounting to Rs. 58,606,508/-, ignoring patent information on law/rules, in connivance with his subordinates, in spite of the fact that the condition for opting out of “Presumptive Tax Regime” was not met.

Hence, the officer caused a massive loss of revenue to the exchequer. He issued permission for revision of return of Income for the Tax Year 2013 in terms of section 114(6)(a) of the Income Tax Ordinance, 2001 on an incomplete and invalid return of M/s Digicom Trading Company (Pvt) Limited.

Tags: corruptionDigicomFBRGrade-20PM Imran Khan
Web Desk

Web Desk

Related Posts

Pakistan likely to unveil Rs17.68 trillion budget 2025-26 on June 10

Pakistan likely to unveil Rs17.68 trillion budget 2025-26 on June 10

by News Publishing
June 4, 2025
0

The Government of Pakistan is expected to present the federal budget for the fiscal year 2025-26 on June 10, with...

Pakistan unveils first govt-led Strategic Bitcoin Reserve

Pakistan unveils first govt-led Strategic Bitcoin Reserve

by News Publishing
May 29, 2025
0

In a groundbreaking move, Pakistan has officially launched its first government-led Strategic Bitcoin Reserve, marking a significant step in the...

PIA

PIA Class B Shares Jump Rs18,000, PSX Seeks Clarification

by Anum Arif
May 26, 2025
0

Karachi – May 26, 2025:In a startling development during the ongoing privatization efforts of Pakistan International Airlines (PIA), the price...

GDP 2025

Pakistan’s Economy Grows 2.4% in Q3 FY2024-25

by Anum Arif
May 20, 2025
0

Pakistan’s economy posted a gross domestic product (GDP) growth of 2.4% in the third quarter (January–March) of the fiscal year...

PM Shehbaz arrives in Karachi on day-long visit

PM Shehbaz arrives in Karachi on day-long visit

by News Publishing
May 19, 2025
0

Prime Minister Shehbaz Sharif has arrived in Karachi on a one-day visit. Upon his arrival in Karachi, Minister for Education...

Trump praises Pakistanis as 'brilliant', touts trade as peace tool again

US President Trump praises Pakistanis as ‘brilliant’, touts trade as peace tool again

by News Publishing
May 17, 2025
0

In a recent interview with Fox News, former U.S. President Donald Trump lauded Pakistanis as “brilliant people” and expressed a...

Next Post
Nauka

Russia's Nauka module briefly tilts the International Space Station

Leave a Reply Cancel reply

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

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters