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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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

Court rejects bail plea of suspect involved in tax evasion since 2012

01/07/2015

ISLAMABAD: The Lahore High Court Rawalpindi bench has rejected bail application of accused Hammad Akbar Khan who was arrested by...

IFC to establish business centre at Wagah to facilitate Pak-India trade

byCT Report

ISLAMABAD: The International Finance Corporation (IFC), a member of World Bank Group, will set up a business centre at the...

Court awards jail term, fines to accused involved in drug smuggling

ISLAMABAD: The Special Court of Anti-Narcotics has heard different smuggling cases and announced sentence of jail imprisonment and fine to...

Govt revises rate of regulatory duty on imported goods

ISLAMABAD: The regulatory duty of different imported products/goods has been revised by the government. According to the details, 15 percent...

ANF foils bid to smuggle heroin to Sri Lanka

ISLAMABAD: Anti-Narcotics Force has thwarted an attempt to smuggle heroin to Sri Lanka at Benazir Bhutto Shaheed Airport Islamabad during...

FBR’s income tax notices to bear bar codes

byCT Report

29/06/2015

ISLAMABAD: Federal Board of Revenue (FBR) will issue income tax notices bearing verifiable bar codes from next financial year. The...

FBR introducing Urdu version of income tax returns form to facilitate taxpayers

29/06/2015

ISLAMABAD: The Federal Board of Revenue (FBR) will issue for the first time income tax returns form in Urdu along...

FBR lodges FIR against furniture company for millions of rupees sales tax envision

29/06/2015

ISLAMABAD: The Directorate of Intelligence and Investigation, Inland Revenue, of the Federal Board of Revenue (FBR) has caught millions of...

Dar directs FBR to achieve revenue collection targets

ISLAMABAD: Federal Finance Minister Ishaq Dar has directed Federal Board of Revenue (FBR) to work hard to meet the revenue...

Inland Revenue’s Intelligence issues Rs 1 billion tax notice to Asif Zardari

ISLAMABAD: The Federal Board of Revenue Inland Revenue’s Investigation and Intelligence has served a notice on former president Asif Ali...

Ayyan Ali’s case: Rawalpindi bench forwards bail plea of suspect to LHC

ISLAMABAD: Rawalpindi bench of the Lahore High Court has forwarded the application of Muhammad Awais, allegedly involved in selling and...

ANF seizes drugs worth Rs 26 billion during seven operations this month

ISLAMABAD: The Anti-Narcotics Force (ANF) has seized drugs worth Rs 26 billion and arrested 10 accused in seven operations until June 25, 2015. According to...

Bajwa directs Collector Faisalabad to clear 240 containers immediately

ISLAMABAD: Federal Board of Revenue Chairman Tariq Bajwa has directed Collector Customs Faisalabad Dry Port to clear 240 containers immediately....

FBR attaches Ayyan’s bank account, recovers Rs 3.5 million

ISLAMABAD: Federal Board of Revenue has seized bank account of model Ayyan Ali in Karachi and recovers Rs 3.5 million....

Dar terms last days of June as important for FBR to meet revenue target

Finance minister appreciates FBR’s efforts in preparation of budget ISLAMABAD: The Federal Minister for Finance, Senator Mohammad Ishaq Dar said...

FBR field offices to observe extended working hours on 29th, 30th

ISLAMABAD: Federal Board of Revenue (FBR) has announced that all its field offices will observe extended working hours till 10:00pm...

Banks to remain open on 27th, 29th, 30th to facilitate taxpayers

ISLAMABAD: On request from Federal Board of Revenue (FBR), the State Bank of Pakistan (SBP) has announced to keep its...

All FBR field offices to observe extended working hours on 29th, 30th

ISLAMABAD: Federal Board of Revenue (FBR) has announced that all its field offices will observe extended working hours till 10:00pm...

Tax officials asked to file assets returns by June 30

ISLAMABAD: Federal Board of Revenue Member Administration Shahid Hussain Jatoi has directed all the officers and employees of the department...

FBR issues Rs 36 million notice to Ayyan Ali