Skip to content
Skardu Times

View from the Top

FIA flags 27 firms in Rs1.12tr tax exemption probe

Senate panel questions the investigation after FIA says it cannot locate the firms, seeks report within a month.

Skardu Times desk1 min read

ISLAMABAD: The Federal Investigation Agency has flagged 27 firms in an investigation into tax exemptions worth Rs1.12 trillion, Pakistan Today reported on Tuesday.

According to Investify, FIA officials told a Senate panel that the agency has been unable to locate the 27 firms. The panel questioned the pace and direction of the investigation and directed the FIA to submit a report within one month.

The reports did not provide further details about the identities of the firms or the nature of the tax exemptions under scrutiny.