Islamabad

30/03/2015

ISLAMABAD: New policy measures, including by the Finance Ministry through Finance Act, 2014, have made business costly for the tax...

MoC awaits approval of PC-1 of 120,000 training program from Planning Division

30/03/2015

ISLAMABAD: Realizing export potential of textile sector the Ministry of Commerce (MoC) moved a training program of unskilled in value...

FBR Chairman Bajwa impressed by Turkish tax system

29/03/2015

ISLAMABAD: Being overwhelmingly impressed by the Turkish Tax System, Federal Board of Revenue (FBR) Chairman Tariq Bajwa will brief Finance...

Customs court rejects Ayyan’s plea for Class-B prison status, extends remand by 14 days

ISLAMABAD: A Customs court has extended the judicial remand of supermodel Ayyan until April 11 and also rejected her plea...

$0.5m smuggling case takes another twist: Ayyan’s father shot, wounded; remand extended till April 11

RAWALPINDI: Cash smuggling scandal-hit supermodel Ayyan Ali’s father has been shot and wounded, when he was coming back after ‘attending’...

12.5% duty imposed on import of hot-rolled products

ISLAMABAD: Federal Board of Revenue (FBR), making amendments in SRO 568(I)/2014, has imposed 12.5 per cent regulatory duty on imports...

Khawar Saeed posted as DG (OPS) Data Processing Centre

ISLAMABAD: Khawar Saeed Akhtar, an Inland Revenue Service officer of BS-20, has been transferred and posted as Director General (OPS),...

167 units to be monitored: FBR to install cameras on 5 industrial sectors to halt tax avoidance

ISLAMABAD: In a bid to stop tax evasion by the major industries, Federal Board of Revenue (FBR) has planned to...

Chief Collector Nadir Hoti for early disposal of tax evasion cases pending in courts

ISLAMABAD: Model Customs Collectorate Chief Collector Nadir Khan Hoti has told customs lawyers to resolve all cases pending in courts...

Customs officials ask authorities to halt transfer of adjudication cases to Peshawar

ISLAMABAD: Customs Intelligence and Preventive staff have requested the authorities to ask the Federal Board of Revenue (FBR) to appoint...

Customs officials say Ayyan’s currency ownership claim dubious

byCT Report

ISLAMABAD: A day after supermodel Ayyan Ali submitted proof of ownership for the currency she allegedly attempted to launder to...

Ports & Shipping Ministry avoids responsibility of checking illegal fishing thru banned nets in maritime belt of Sindh

ISLAMABAD: The Ministry of Ports and Shipping (MoP&S) avoided claiming responsibility of implementing the rules and regulations to check illegal...

Finance Ministry takes stringent measures to maintain fiscal deficit at 4.9% of GDP

ISLAMABAD: The Finance Ministry has taken numerous steps to maintain fiscal deficit at 4.9% of Gross Domestic Product (GDP) after...

New initiatives in Textile Package result in increasing textile products

ISLAMABAD: The initiatives announced under the Textile Package incorporated in the finance bill 2014-15 has enhanced exports of textile products...

Supermodel Ayyan submits evidence to prove ownership of $500,000

ISLAMABAD: Supermodel Ayyan has submitted evidence to customs authorities regarding the ownership of currency that was being allegedly smuggled by...

FBR collected Rs167b against Rs196.4b target: Political leaders call for bringing the rich in tax net

26/03/2015

ISLAMABAD: A meeting of major political parties was organised by the Islamabad-based Sustainable Development Policy Institute (SDPI) in collaboration with...

Counsel for Ayyan submits application for getting bail

26/03/2015

ISLAMABAD: The counsel for Ayyan has submitted a bail plea in the Lahore High Court’s Rawalpindi Bench, as the hearing...

Ministry of Commerce takes measures to enhance exports of surgical instruments