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Daily Netxpress Wire for April 26, 2014

  • April 26, 2014
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FBR conducts raid against Q Mobile chief against tax evasion

QMobile’s accountant Babar Sultan has been arrested for committing tax evasion. Directorate General of Investigation and Intelligence of Inland Revenue, Federal FBR, Karachi issued orders to arrest Zeeshan Akhtar, the Chief of QMobile as well after DG& I Karachi finalized the case against him where he was accused for having over Rs 450 million in bank account, which was declared as foreign remittance during the investigation.

Microsoft Welcomes Nokia

Microsoft Corp. has announced the acquisition of Nokia Devices and Services business. The deal has been approved by Nokia shareholders as well as governmental regulatory agencies around the world. Nokia and Microsoft are two major companies and their collaboration will bring more innovation to the tech industry.

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