Posts tagged as: tax

New York Attorney General Eric Schniederman files lawsuit against Sprint Nextel for failing to pay taxes – Part 1

New York Attorney General Eric Schniederman filed a lawsuit against Sprint Nextel in New York for the allegedly unpaid sales taxes to the State and the city. The Attorney General followed the whistleblower lawsuit filed in March, 2012 against the cellphone carriers. According to Schniederman, Sprint failed to report the collection and payment of sales […]

New York Attorney General Eric Schniederman files lawsuit against Sprint Nextel for failing to pay taxes – Part 2

“This complaint is without merit and Sprint categorically denies the complaint’s allegations,” the company said in a statement. “We have collected and paid over to New York every penny of sales taxes on mobile wireless services that we believe our customers owe under New York state law. “With this lawsuit, the Attorney General’s office is […]

Government has no plans on imposing new taxes assures Abdul Hafeez Shaikh

Government has no plans on imposing new taxes assures Abdul Hafeez Shaikh Tuesday, April 10, 2012: Abdul Hafeez Shaikh, Finance Minister, has  assured that the reigning Government of Pakistan has no plans to impose new taxes in the upcoming budget and will work to increase its revenue by amending the corrupt system and by adding […]

Huge income tax evasion scandal revealed by FBR

Federal Board of Revenue (FBR) has exposed a massive income tax evasion case in Faisalabad on Wednesday. The new intelligence wing of the authority unearthed the scandal, which involved benami bank transactions, under which huge taxable income was channeled in the hands of a low-paid employee through a local bank, who was not an existing […]

Tobacco: It contains some positives as well

Tobacco: It contains some positives as well Whenever we hear of the word ‘tobacco’, we suddenly attach it to cigarettes, second-hand smoke, lung cancer, and early death. Well that is right but there are few people that know a little about the positive side of tobacco. The benefits of tobacco can be seen in its […]

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