No proposal to change Rs5000 currency notes : Asad Umar
ISLAMABAD: Federal Minister for Finance and Revenue Asad Umar on Monday denied reports regarding discontinuation of Rs5,000 currency notes, and...
RITBA expresses concerns over continued delay of hearing of tax cases involving Rs1,260b
ISLAMABAD: Rawalpindi Islamabad Tax Bar Association (RITBA) showed concerns over continued delay in announcing the decisions about tax cases involving...
New govt should take notice of misuse of green channel facility: RITBA President Syed Tauqeer
ISLAMABAD: Rawalpindi-Islamabad Tax Bar Association (RITBA) President Syed Tauqeer Bukhari has said a new and equitable tax system is imperative...
AG directs FBR to recover inadmissible allowances of Rs24.50m from 519 officials
ISLAMABAD: Federal Board of Revenue (FBR) and its eleven field formation offices have paid inadmissible pay and allowances of Rs24.50...
FBR’s notices to Pakistanis having assets in UK, Dubai resulting in harassment among taxpayers: RITBA President
ISLAMABAD: Rawalpindi Islamabad Tax Bar Association (RITBA) President Syed Tauqeer Bukhari has said that FBR’s decision to issue notices to...
Collector Adjudication Seema Bokhari issues show-cause notice to owner of NDP goods
ISLAMABAD: Collector Adjudication Seema Raza Bokhari has issued a show-cause notice to Muhammad Haroon and Akhtar Wali who are nominated...
FBR takes notice of unlawful refunds of Rs2097.22m to taxpayers
ISLAMABAD: Federal Board of Revenue (FBR) field formations are involved in issuance of unlawful refunds of Rs 2,097.22 million without...
Ministry directs KPT to recover royalty of $50m from M/s Hutchison Port Holdings Ltd
ISLAMABAD: Ministry of Maritime and Fisheries (Port & Shipping) directed Karachi Port Trust to recover royalty of $50 million from...
New govt will make major changes in tax system: Imran Khan
ISLAMABAD: The expected Prime Minister Imran Khan has given indication regarding major changes in tax authority (Federal Board of Revenue)...
Eight field formations refused to provide record of 4,909 cases to AGP
ISLAMABAD: Auditor General of Pakistan office has disclosed in audit report that eight field formations of Federal Board of Revenue...
FBR directs CRTO Lahore to take action against M/s Habib Construction Services Pvt Ltd
ISLAMABAD: Federal Board of Revenue (FBR) ordered the Corporate Regional Tax Office (CRTO) Lahore to take immediate corrective action under...
FBR directs four companies to pay evaded amount of Rs230m on priority basis
ISLAMABAD: Federal Board of Revenue (FBR) issued notices to four companies to pay Rs230 million in the head of sales...
Ministry directs KPT to recover Rs128.137m from M/s Grand Leisure Corp Pvt Ltd
ISLAMABAD: Ministry of Maritime, Port & Shipping ordered Karachi Port Trust (KPT) to recover the outstanding royalty and delay charges...
FBR orders field formations to recover evaded ST amount of Rs1120.98m
ISLAMABAD: Federal Board of Revenue (FBR) ordered to 16 field formation including Karachi, Peshawar and Faisalabad to expedite efforts for...
No pressure or political interference will be applied on FBR: Asad Umar
ISLAMABAD: Future Finance Minister Asad Umar has said that PTI government will facilitate exporters, industrialist and business community to promote...
Current Tax Amnesty Scheme is last chance for tax evaders, black money holders: Additional Commissioner IR Ali Adnan
ISLAMABAD: Additional Commissioner (Inland Revenue) Large Taxpayers Unit Ali Adnan said that under the automatic exchange of information program of...
Pakistanis must take advantage of Tax Amnesty Scheme: Ghulam Mustafa Hassan
ISLAMABAD: Chief Commissioner Large Taxpayer Unit FBR Ghulam Mustafa Hassan has said that present amnesty scheme is the most successful...
Senate Standing Committee seeks report over closure of power loom units in Faisalabad
ISLAMABAD: Senate Standing Committee on Commerce and Textile in its meeting discussed the matter of collapse of power loom sector...
22 projects of CPEC worth $28.6b are under implementation: Dr Shamshad
ISLAMABAD: Minister for Finance, Planning, Development & Reforms Dr Shamshad Akhtar said that substantive growth has been made in China-Pakistan...
Concessions to people of FATA/PATA & Malakand division are still in place: Dr Iqbal
ISLAMABAD: The meeting of Senate Standing Committee on Finance, Revenue and Economic Affairs was held under the chairmanship of Senator...
