Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Islamabad

Auditor General asks FBR to bring NLC & FWO under tax net

byM. Faizan
08/01/2019
in Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: Auditor General of Pakistan Javaid Jahangir has recommended to Federal Board of Revenue to bring National Logistic Cell (NLC)  and Frontier Works Organization (FWO) under tax net by invoking Article 165 A of the Constitution of Islamic Republic of Pakistan instead of granting exemption under section 49 (4) of the Income Tax Ordinance, 2001

Sources told Customs Today that Auditor General has informed the Federal Board of Revenue that efforts were made to obtain data and auditable record from Frontier Works Organization and National Logistic Cell by involving chief commissioner Regional Tax Office Rawalpindi where jurisdiction of both these organizations fell but no response was received till the close of audit activity in November, hence audit had to rely upon the information and data only available in the form of withholding tax statements submitted by these organization.

You might also like

PM Shehbaz directs FBR to accelerate tax reforms

10/08/2026

World Bank’s Rs115b Balochistan flood project restructured

10/08/2026

Auditor General briefed the FBR that audit mainly relied upon the soft data of income tax returns and sales tax returns along with withholding tax statements and financial statements of the taxpayers as available on the system of Federal Board of Revenue.

Some other sources of data included hard form like withholding statements submitted by National Logistic Cell to Regional Tax Office Rawalpindi on monthly or annual basis. Auditor General suggested to Federal Board of Revenue to keep close liaison with authorities of National Logistic Cell and Frontier Works Organization for ensuring availability of auditable record.

Related Stories

PM Shehbaz directs FBR to accelerate tax reforms

byCT Report
10/08/2026

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to further accelerate the implementation of ongoing...

World Bank’s Rs115b Balochistan flood project restructured

byCT Report
10/08/2026

QUETTA: The government has restructured a Rs. 115 billion World Bank-funded flood rehabilitation project in Balochistan amid allegations of mismanagement...

BoP set to issue Rs30b shares to Punjab govt in major equity move

byCT Report
10/08/2026

LAHORE: The Bank of Punjab (BoP) has just announced a massive financial move. The bank plans to issue up to...

xr:d:DAFGZLzySpE:597,j:42004660331,t:22112408

Future belongs to entrepreneurs who embrace AI, biotechnology: President ICCI

byCT Report
10/08/2026

ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has called for a fundamental transformation in Pakistan’s...

Next Post
Traders work  inside the trading room of the Borsa Stock Exchange in Istanbul Turkey, June 25, 2018, Kostas Tsironis

Sri Lanka customs officers against ex-Navy officer as new chief

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.