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
Tenure of Tax Reforms Commission extended for 90 days
ISLAMABAD: Federal Minister for Finance and Revenue Ishaq Dar has extended tenure of Tax Reforms Commission. The minister, modifying earlier...
FBR to scrutinise income tax returns filed by Axact from 2009 to 2015
KARACHI: The Federal Board of Revenue (FBR) has constituted a special team comprising officials of Regional Tax Officers (RTO) in...
Axact CEO paid only Rs26 tax in FY2014
ISLAMABAD: Pakistan’s 'leading' but scandal-hit IT company, Axact’s Chief Executive Officer Shoaib Ahmed Shaikh paid just Rs26 (26 cents) tax...
Rs31.2 on each 20-cigarette packet: Ministry proposes hike in taxes on tobacco products
ISLAMABAD: In a bid to control use of cigarettes, the government is planning to increase tax on tobacco products. According...
Court extends Ayyan’s judicial remand till May 25, accepts bail plea for hearing
RAWALPINDI: The Banking Court of Rawalpindi on Monday extended model Ayyan Ali’s judicial remand till May 25 in the US...
Customs intelligence seeks another case against Ayyan Ali
RAWALPINDI: The Customs intelligence has sought permission for registration of a new case of money laundering against supermodel Ayyan Ali,...
Govt should ask UAE to provide list of investors
ISLAMABAD: Director General Inland Revenue and Investigation Haroon Tareen directed Director Inland Revenue I&I Dr. Bashir Ahmad to ask government...
FBR issued clarification regarding suspension of IRS officers
ISLAMABAD: The Federal Board of Revenue (FBR) has suspended six IRS officers vide notification dated 03-04-2015 on the charges that...
FBR’s Inland Revenue starts investigation into ‘actual’ assets of Zardari
ISLAMABAD: The Inland Revenue (IR) department of the Federal Board of Revenue (FBR) has started investigations into the assets of...
Customs Intelligence recovers smuggled cloth worth Rs 300,000
ISLAMABAD: Directorate of I&I-FBR Regional Office Rawalpindi has recovered 2,715 yards (568)Kg foreign origin cloth from a car. According to...
Dubai real estate: IR intelligence detecting non-taxpayer Pakistani investors
ISLAMABAD: Directorate General of Intelligence and Investigation of Inland Revenue is planning to trap the Pakistani millionaires who are making...
Ayan Ali ‘D-graded’ in matriculation certificate
LAHORE: Supermodel Ayyan Ali, who became more popular after being arrested in money laundering case on March 14, once again...
ICCI asks govt to heed to business community’s suggestions for budget 2015-16
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Muzzamil Sabri has said that the government should bring ease in...
Rawalpindi ASO seizes 3,800 yard smuggled cloth
ISLAMABAD: The Customs Intelligence and Investigation Rawalpindi’s Anti-Smuggling Organisation has seized the foreign origin non-duty paid 3,800 yard women's cloth...
FTO finalizes recommendations for improving tax collection system
ISLAMABAD: The Federal Tax Ombudsman (FTO) Advisory Committee Wednesday finalized recommendations for evolving a mechanism to improve the revenue collection...
Seema Raza Bukhari reserves decision in TCS, Smart Zone smuggling case
ISLAMABAD: Directorate General of Customs Intelligence and Investigation Adjudication Collector Seema Raza Bukhari has completed the hearing of Courier Company...
Finance Ministry proposes 10pc increase in govt employees’ salaries in next budget
ISLAMABAD: The Finance Ministry has proposed 10 percent increase in government employees salaries in budget 2015-16. The proposal will be...
FTO recommends FBR to direct DG-IR audit to expedite post-refund audit
ISLAMABAD: Federal Tax Ombudsman (FTO) Abdul Rauf Chaudhry has asked Federal Board of Revenue (FBR) to direct the Directorate General...
FBR clarifies media reports about RTOs’ revenue collection
ISLAMABAD: The Federal Board of Revenue (FBR) has clarified a news item regarding negative revenue collection by certain Regional Tax...
Govt imposes 5% sales tax on CNG sector, fertilizer using imported LNG
ISLAMABAD: The federal government has imposed fiver per cent sales tax on liquefied natural gas (LNG) imported for servicing CNG...
