Islamabad

ISLAMABAD: The federal government has called provincial revenue authorities to discuss issues pertaining to general sales tax (GST) on services....

IHC admits contempt plea against TDAP CEO SM Muneer

ISLAMABAD: Islamabad High Court admitted contempt of court plea against Chief Executive Officer of TDAP S.M. Muneer. Sources told Customs...

FBR issues notice to Cafe Irum due to tax evasion

ISLAMABAD: The Federal Board of Revenue (FBR) has completed an inquiry against the Cafe Irum Commercial Center in G-6/2 Islamabad. According...

PRA issues notice to 150 snooker clubs to pay 16pc sales tax

ISLAMABAD: The Punjab Revenue Authority has sent notices to 150 snooker and body building clubs of Rawalpindi after imposition of...

FBR assures traders of extension in tax submission date, amnesty scheme

ISLAMABAD: The Federal Board of Revenue (FBR), after the successful talks with traders, has decided to extend the last date...

FBR Chairman Nisar Mohammad Khan defends Rs 40 billion regulatory duty on luxury items

byM Arshad

ISLAMABAD: In a meeting of the Senate Standing Committee on Finance and Revenue, Federal Board of Revenue (FBR) Chairman Nisar Muhammad...

Customs to hold auction of seized vehicles on Dec.21

ISLAMABAD: Customs Collectorate Islamabad is going to hold auction of impounded vehicles, and other miscellenous items on December 21. The...

FBR decides to provide record of FY 2014-15 to APGR for audit

ISLAMABAD: The Federal Board of Revenue (FBR) has agreed to provide record of Fiscal Year 2014-15 to Auditor General of...

Govt, traders considering three options to resolve issue of WHT

ISLAMABAD: The government and traders considered three options during their negotiations to resolve the issue of withholding tax. According to...

FBR takes notice of decrease in collection of withholding tax

ISLAMABAD: The Federal Board of Revenue (FBR) has taken notice of decrease in withholding tax collections during the last five months...

FBR collects Rs 50.75 billion taxes in first 12 days of December

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs 50.75 billion taxes from December 1 to December 12, 2015,...

Merit essential to convert pledges into actions: Member Waqar Ahmad

ISLAMABAD: Discouraging favouritism and sticking to merit will not only make the Federal Board of Revenue (FBR) a prestigious department...

Finance Committee meeting to take on Rs 40 billion new taxes issues

byM Arshad

ISLAMABAD: The Federal Board of Revenue (FBR) and Finance Ministry are likely to come under severe criticism over the levy...

Chief Collector Sarwat Tahira to supervise promotions in Customs-North

byAftab Channa

KARACHI: Customs-North Chief Collector Sarwat Tahira Habib has been assigned to supervise the promotions in the Pakistan Customs by the...

Dar says FBR makes headway to resolve WHT issue

byCT Report

ISLAMABAD: Finance Minister Ishaq Dar said that with the cooperation of the business community, the Federal Board of Revenue (FBR)...

Customs Peshawar impounds truck loaded with illegal cigarettes worth 4.7m

ISLAMABAD: Federal Board of Revenue (FBR), Inland Revenue (IR) intelligence and investigation Peshawar has impounded a truck loaded with illegal...

FBR finds 458 persons involved in smuggling and tax evasion

ISLAMABAD: Federal Board of Revenue (FBR) intelligence and investigation detected 458 persons who have gone on 320 foreign tours during 365...

Token Tax: Excise Rawalpindi challans 288 vehicles during general hold up

ISLAMABAD: The Excise and Taxation Department has challand 288 vehicles during general hold up against the token tax defaulters and...

Customs seizes 400 cell phones worth Rs 9 million at Islamabad airport