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Tag: Track and Trace System

T&T system
Business
  • Shahzad Paracha
  • May 26, 2024
FBR’s delay tactics exposed in failure to implement track and trace system

Within the four affected sectors, there are a total of 649 production lines spread across 146 factories. However, in FBR’s tender documents only account for 290 production lines.

FBR
Pakistan
  • Shahzad Paracha
  • Apr 28, 2024
PM tasks finance secretary to identify FBR officials delaying TTS

According to the sources, the FBR has partially implemented the TTS in sugar, cement, fertilizer and tobacco industries

The FBR has fallen short of its revenue target with a shortfall of over Rs48 billion in the first ten months of the current fiscal year.
Pakistan
  • Shahzad Paracha
  • Apr 03, 2024
Track and Trace System helps FBR surpass annual revenue targets

Partial implementation of the Track and Trace System across the sugar, fertilizer, and tobacco sectors has significantly contributed to revenue enhancement for the tax authority

tax evaders
Latest
  • Shahzad Paracha
  • Mar 25, 2024
PM Shehbaz orders tightened measures against tax evaders

Mandates formation of an inquiry committee tasked with pinpointing liabilities and individuals involved in tax evasion

tile manufacturing sector
Latest
  • Web Desk
  • Mar 01, 2024
FBR to introduce track and trace system in tile manufacturing sector

The real-time production monitoring capabilities offered by the track and trace system signify a notable departure from traditional retrospective auditing methods

FBR Tax
Business
  • Web Desk
  • Nov 18, 2023
Caretaker setup mulling to establish National Tax Authority

The government plans to add more sectors in the Track and Trace System and also introduce an electronic invoicing system to reduce or eliminate the risk of smuggling.

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