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

Home Category Islamabad

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

Pakistan Steels Mills awaits appointment of financial adviser despite incurring heavy losses

26/01/2015

ISLAMABAD: The Finance Ministry has failed in hiring of financial adviser to seek a strategic partnership for Pakistan Steel Mills...

Member Accountant, Commissioner-IR to retire in April

ISLAMABAD: Federal Board of Revenue (FBR) has issued notifications of retirement of two Inland Revenue Service (IRS) officers of BS-20....

FBR recovers Rs 1300 million in 12 tax evasion cases against housing societies

ISLAMABAD: The Federal Board of Revenue (FBR) has recovered Rs 1300 million in twelve cases of tax evasion committed by...

Agencies to investigate TCS, Smartzone case: PM

ISLAMABAD: Prime Minister Pakistan Nawaz Sharif has handed over the investigation case of Korean Company TCS and Smartzone to agencies...

Three Senate bodies discuss current petrol crisis

ISLAMABAD: Three relevant standing committees of the Senate deliberate on the prevailing petrol crisis on Friday in a joint meeting...

Islamabad Customs Collectorate to celebrate Int’l Customs Day on Jan 26

ISLAMABAD: Model Customs Collectorate Chief Collector Nadir Khan Hoti has given directions to celebrate international customs day on Jan 26....

RTOs issue notices to 54,789 potential tax payers under orders of FBR

ISLAMABAD: The Federal Board of Revenue has assigned the task of registration of new taxpayers to Regional Tax Offices. The...

Universal Gateway given one more week to submit reply in Rs 16m tax evasion case

ISLAMABAD: Universal Gateway Company allegedly charged for tax evasion of almost Rs 16 million has failed to answer the notice...

DG Intelligence IR likely to get more powers to investigate Suspicious Transaction Reports

ISLAMABAD: The Government is considering enhancing powers of the Director General of Intelligence & Investigation Inland Revenue (IR) to analyze...

Pakistan Bureau of Statistics claims country’s economy moving on right track

ISLAMABAD: The country's economy is moving on right track because of prudent economic policies of the government despite challenges on...

DG WHT, four Customs, Inland officers of BS-18 relinquish/assume charge

ISLAMABAD: Federal Board of Revenue (FBR) has issued different notifications regarding charge relinquishment/assumption by the Inland Revenue Service (IRS) and...

Senate Finance body endorses partial amendments in Privatization Commission Act 2013

ISLAMABAD: The Senate Standing Committee on Finance and Revenue here Thursday endorsed amendments in the Privatization Commission Amendment Bill 2013...

Collector Seema issues show-cause notices to two firms for illegal import of fabric from China

ISLAMABAD: Adjudication Collector Seema Raza Bukhari has issued show cause notices to the proprietor of Universal Gateway Corporation Haji Muhammad...

South Korean govt takes up Smart Zone case with PM

ISLAMABAD: The TCS and Smart Zone case has become an issue between Pakistan and South Korea. The Smart Zone is...

Customs Preventive seizes smuggled Toyota Hilux Surf

ISLAMABAD: Model Customs Collectorate preventive department has seized the smuggled Toyota Hilux Surf Model 1992 and sent it to the...

Chairman FBR asks RTOs and LTUs for second quarterly report

ISLAMABAD: Chairman FBR Tariq Bajwa has asked all Regional Tax Offices and Large Tax payer Units for the second quarterly...

IHC issues notices to FBR, OGRA on five percent increase in GST

ISLAMABAD: The Islamabad High Court issued notices to Secretary Ministry of Finance, Chairman Federal Board of Revenue and Chairman Oil...

IHC restrains Govt from levying 32 percent sales tax over CNG

ISLAMABAD: The Islamabad High Court restrained Government from levying 32 percent sales tax on CNG station owners. IHC ordered to...

FBR Chief angry on provision of inaccurate data to TRC

ISLAMABAD: Chairman Federal Board of Revenue Tariq Bajwa has shown his annoyance over the negligence on part of FBR tax...

FBR to earn Rs 17 billion out of 5pc increase in sales tax on POL products