Islamabad

PM Shehbaz Sharif approves 6-point plan to clear backlog of tax cases

byCT Report

Pakistan set to get fourth IMF tranche under EFF programme: sources

Govt considers cutting taxes on raw materials for locally made vehicles

Pakistan assures IMF to replace 200-unit power subsidy with targeted system

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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

NA committee to take up Port Qasim issues with authorities today

23/02/2015

ISLAMABAD: The National Assembly Standing Committee on Ports and Shipping will take up the issues confronted by exporters and importers...

Pak-US Business Opportunities Conference on Feb 27

23/02/2015

ISLAMABAD: The Pak-US Business Opportunities Conference will be held on February 27 . The Minister for Commerce, members American Business...

Issue of Rs 1 billion capital value tax collection awaits decision to be resolved

23/02/2015

ISLAMABAD: Recovery and submission of Rs 1 billion arrears of capital value tax to the national kitty has become a...

Tax collection increases by 27pc during first 20 days of Feb: FBR

byM. Faizan

22/02/2015

ISLAMABAD: Federal Board of Revenue (FBR) has collected Rs 1471 billion in seven months and 20 days of current financial...

Customs court grants three days remand in Jawad Traders tax fraud case

ISLAMABAD: Customs special court for Anti Smuggling and Taxation has granted three days remand of Wali Muhammad and Hafiz Muhammad...

Customs Intelligence detects tax fraud by Jawad Traders

ISLAMABAD: Directorate General, Intelligence and Investigation (Inland Revenue) Islamabad have arrested employees of Jawad Traders involved in tax fraud. The...

Govt avoids establishing FEDPB offices in provinces

ISLAMABAD: The Federal Export Development and Promotion Board (FEDPB) was reconstituted with the objectives of reviewing export performance of the...

New policy for appointment of commercial attaches next year: Dastgir

ISLAMABAD: Lawmakers have demanded constitution of a committee to legislate on the issue of appointment of commercial attaches (CAs) at...

Dar asks Tax Reforms Commission to finalize its recommendations for upcoming budget

ISLAMABAD: Minister for Finance, Muhammad Ishaq Dar here on Friday directed the Tax Reforms Commission for finalizing its recommendations which...

Customs agents to share their grievances with FBR chairman in upcoming meeting

byM. Faizan

ISLAMABAD: The delegation of All Pakistan Customs Agents Association has decided to meet Federal Board of Revenue (FBR) Chairman Tariq...

DFID-HMRC mission likely to hold meeting with FBR in first week of March

ISLAMABAD: A delegation of British Department for International Development (DFID) and Her Majesty Revenue & Customs (HMRC) will hold dialogue...

FBR imposes 1.5% withholding tax on non-filers

KARACHI: In a bid to increase potential taxpayers, Federal Board of Revenue (FBR) has imposed 1.5 per cent withholding tax...

Shahid assumes charge as IR Directorate I&I Director

ISLAMABAD: Shahid ul Hassan Chattha, an Inland Revenue Service (IRS) officer of BS-20, has assumed the charge of the post...

FBR to issue a new circular to explain SRO No 126(1)/2015 to field officers

ISLAMABAD: The Federal Board of Revenue (FBR) is likely to issue a circular for the field officers to ensure tax...

PM approves appointment of commercial attaché in Pakistani missions abroad

ISLAMABAD: The Ministry of Commerce (MoC) has obtained approval from the competent authority for the appointment of commercial attaché in...

Bank accounts of IPP’s, Discos likely to be seized for recovery of taxes

19/02/2015

ISLAMABAD: Bank accounts of Independent Power Producers (IPP’s) and Power Distribution Companies (Discos) may be seized by federal government for...

FBR issues notification for extension of 90 days in TRC tenure

19/02/2015

ISLAMABAD: After failure of Tax Reforms Commission (TRC) to propose suggestions for tax system reforms within given time, government has...

Financial Monitoring Unit acts on 34 suspicious financial transactions