Revenue Protection
East African cement manufacturers are increasingly using Digital Tax Stamps (DTS) to tackle counterfeit products, enhance tax compliance, and ensure product integrity. The Uganda Revenue Authority introduced DTS in 2019 to digitize tax administration and curb revenue leakages in key sectors like cement. Since then, the system has successfully reduced
Revenue Protection
In an increasingly interconnected world, the collaboration between the European Union (EU) and New Zealand to combat serious crime and terrorism represents a significant leap forward in global security efforts. Announced by Europol, this partnership not only addresses immediate concerns related to crime and terrorism but also has profound implications
Revenue Protection
Sri Lanka is grappling with an escalating issue of fake revenue stamps being used to evade taxes on alcohol, signaling the rise of an illegal industry that threatens the nation's financial integrity. The recent discovery of counterfeit tax stamps in multiple regions has sparked concern, with investigations revealing
Revenue Protection
Pakistan's Federal Board of Revenue (FBR) is grappling with significant issues surrounding its track and trace system, a critical element of the $400 million Pakistan Raises Revenue project. Despite 81.98% of funds being disbursed, the system’s inefficacy is hindering progress in key Disbursement Linked Indicators (DLIs)
Revenue Protection
Enabling Local Environment for Track & Trace (T&T) The FBR should foster an environment that not only encourages but also supports sectors in adopting T&T by acknowledging the unique challenges and solutions present within Pakistan. Providing policy support to both sectors and local providers is crucial.
Revenue Protection
* Delegates responsibility to Minister of State for Finance to oversee transformation project * Pays tribute to martyred police officers and personnel fore their unprecedented sacrifices LAHORE: Prime Minister Shehbaz Sharif Sunday set a target for his economic team to speed up the process of transformation of the Federal Board of Revenue