Islamabad

IMF approves $1.2bn loan tranche for Pakistan

byCT Report

Pakistan likely to receive $1.2b IMF tranche as board meets today

FCC declares Section 7E Property Tax unconstitutional, strikes down levy nationwide

Pakistan, Saudi Arabia explore oil refinery upgrades, energy cooperation

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Islamabad

Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people

Majority of FBR officials fails to submit assets’ details

byWaqar Ahmed Ansari

ISLAMABAD: The Federal Board of Revenue has announced July 31 as the last date for the officials to submit the details of assets....

Customs authorities seek court permission to arrest money laundering suspect

ISLAMABAD: The Directorate General of Customs Intelligence and Investigations has got solid proofs against accused Ejaz Baig who was arrested...

IT companies strongly reject 8pc tax

ISLAMABAD: The companies dealing in Information Technology have showed reservations on the imposition of 8 percent tax on IT sector...

ANF planning to stop usage of drugs in educational institutions

ISLAMABAD: The Anti-Narcotic Force (ANF) has decided to take action against groups involved in drugs dealing in educational institutions of...

95 lawmakers shy of paying tax during FY 2014-15

ISLAMABAD: At least 95 members of the national and provincial assemblies and Senate have paid minor taxes during the fiscal year 2014-15....

Distinction between haram and halal must to make accountability system result-oriented: Abdullah

byCT Report

ISLAMABAD: Renowned academician, scholar and former Chief Secretary KPK, Mr. Abdullah has delivered a lecture to FBR officers on “Morality,...

Traders divide over strike call

ISLAMABAD: The government has succeeded in dividing the traders' community in two group as one group is in favour of strike...

FIA fails to decode Ayyan Ali’s cell phone

ISLAMABAD: The Federal Investigation Agency (FIA) has failed to decode super model Ayyan Ali’s cell phone while Intelligence Bureau is...

Traders to observe strike on August 1 against WHT

ISLAMABAD: All Pakistan Anjuman-e-Tajaran announced to reject all three committees formed by Federal Board of Revenue (FBR) and to stage...

ASF arrests drug peddler, recovers 600 grams heroin

ISLAMABAD: Airport Security Force (ASF) has foiled an attempt of heroin smuggling to Bahrain at Benazir Bhutto International Airport Islamabad and...

Bodies formed to resolve issue of withholding tax on banking transactions

byCustoms Today Report

29/07/2015

ISLAMABAD: The federal government has formed three committees to address the issue of 0.3 per cent withholding tax imposed on...

Govt fixes SST/PhD allowance for employees of all ministries, departments

byMatiur Rehman

ISLAMABAD: The federal government has fixed Special Science & Technology/PhD allowance for the officers of all the ministries and departments....

FBR introduces SMS service 9966 to facilitate taxpayers

byMatiur Rehman

ISLAMABAD: Federal Board of Revenue (FBR) has introduced a new mobile SMS service “9966” for verification of status on Active...

FBR makes mandatory for officers to attend management courses

ISLAMABAD: The Federal Board of Revenue (FBR) has developed a code of conduct to discourage those officers who avoid attending...

Withholding Tax: Final round of talks between govt, traders today

ISLAMABAD: Talks between government and Federation of Pakistan Chambers of Commerce result in failure, after this traders announce to hold...

UAE not providing assets’ details of Pakistani investors to FBR

ISLAMABAD: The United Arab Emirates (UAE) government has denied giving bank accounts and details of assets of Pakistani investors and...

Ayyan’s case adjourned till August 21

ISLAMABAD: Model Ayyan Ali’s currency smuggling case hearing has been adjourned till August 21 as the special judge of Customs...

FBR, GIZ meeting held to review ‘Support to Good Governance’ programme

ISLAMABAD: The meeting of steering committee of the Federal Board of Revenue (FBR) on ‘Support for Good Governance – Result...

FBR to start crackdown against beauty parlors/saloons

byWaqar Ahmed Ansari

KARACHI: The Regional Tax Office-II is has geared up efforts to start a major crackdown against beauty parlors and saloon which...

FBR to make more simplified system for taxpayers