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Pakistanis can now start filing income tax returns for FY2020-21
ISLAMABAD: The Federal Board of Revenue (FBR) announced that citizens can now start filing their returns for the fiscal year...
FBR takes action against unregistered plastic manufacturing units in South Punjab
MULTAN: The Federal Board of Revenue (FBR) has started crackdown against plastic shopping bag manufacturer in South Punjab after detection...
PRA registers growth of 62pc in June
LAHORE: Punjab Revenue Authority (PRA) has registered a growth of 62 percent during the month of June 2021. According to...
Rs100b taxes on different sectors likely to be withdrawn
LAHORE: The National Assembly has passed the Finance Bill 2021-22 with majority whereby the government withdrew Rs100 billion taxes on...
M/s Ahmed International Trading Company approaches SHC challenging VR 1514/2021
KARACHI: M/s Ahmed International Trading Company has moved the Sindh High Court (SHC) and filed a constitutional petition seeking provisional...
Customs Court directs to arrest suspects in removal of seized smuggled goods case
KARACHI: The Customs Court directed investigation officer to arrest suspects namely Rehman Khan, Saddam Hussain, Zohaib Ali Shah, Saleem Khan...
Pakistan, UAE to further enhance cooperation in Customs, Inland taxes
ISLAMABAD: Pakistan and United Arab Emirates (UAE) Thursday agreed to further promote cooperation in the fields of customs and other...
FBR meets tax collection target for current fiscal year 2020-21
ISLAMABAD: The Federal Board of Revenue (FBR) went over its tax collection target of Rs4,691 billion for fiscal year 2020-21...
FBR to boost revenue collection by adopting various revenue measures
ISLAMABAD: The Federal Board of Revenue (FBR) shall boost tax collection through various measures adopted through Finance Act, 2021. The...
FBR to arrest persons on concealment above Rs25m
ISLAMABAD: The Federal Board of Revenue (FBR) has been empowered to arrest a person for concealing above Rs25 million under...
Quetta Customs impounds 4.33m liters of smuggled fuel during FY20-21
QUETTA: Collectorate of Customs Enforcement and Compliance (E&C) has seized 4.33 million liters of smuggled fuel worth Rs305.58 million during...
Govt approves Rs2 hike in petrol price from July 1
ISLAMABAD: Government approved an increase of Rs2 per litre in the price of petro with effect from July 1, 2021l....
SECP becomes first govt agency to offer WhatsApp Support Service
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), to promptly response public queries regarding incorporation of companies, has introduced...
Karachi Industrialists ink MoU with SSGC for one-day Gas Holiday
KARACHI: Industrialists of Karachi have decided under a joint strategy with the SSGC to deal with the gas crisis that...
Customs ASO seizes narcotics worth Rs1.27b in different operations: Collector Saquif Saeed
KARACHI: Collectoate of Customs Preventive, Anti-Smuggling Organization (ASO) has seized 165 kilograms of narcotics worth Rs1.27 billion during last quarter...
Customs Court seeks challan against M/s Muhammad Shoukat in sales tax fraud scam
KARACHI: The Customs Court directed investigation officer to complete investigation and submit a progress report against suspect namely Muhammad Shoukat,...
M/s AA Traders approaches SHC for refund of regulatory duty
KARACHI: M/s AA Traders, M/s Ariq International and M/s Global Select approached the Sindh High Court (SHC) and filed a...
AJK budget for next FY with total outlay of over Rs141b presented
MUZAFFARABAD: Azad Jammu and Kashmir budget for the next fiscal year, with total outlay of over 141 billion rupees, was...
Telecom operators reject proposed tax on voice calls
ISLAMABAD: Pakistan’s telecom operators rejected the government’s proposed tax of Rs0.75 on voice calls exceeding five minutes, stating that it...
Petroleum Division devises plan to mitigate LNG shortage
ISLAMABAD: The Petroleum Division has chalked out a plan to control the shortage of Liquefied Natural Gas (LNG) under which...
