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

Record increase of 14 % revenue collection during first six months of CFY

ISLAMABAD: During the month of December, 2014, FBR has made a net collection of Rs.270,216 million as against net collection...

FBR forms unit on transfer pricing to identify operational issues

Unit headed by Special Assistant to FBR Chairman Dr Muhammad Iqbal is likely to meet in last week of...

Manufacturing sector gains growth rate of 5.5pc in FY 2013-14

ISLAMABAD: The manufacturing sector gained a milestone growth rate of 5.55% in the fiscal year 2013-14 which was 1.2% higher...

Customs courts authorised to hear tax evasion cases

ISLAMABAD: The Federal Government has authorized few courts to prevent tax theft. The Federal Board of Revenue has given authority...

DG Lutfullah appoints counsel to help grieving families

ISLAMABAD: Director General of Customs Intelligence and Investigation Lutfullah Virk has made Assistant Director Khuldoonul Haq the counsel to provide...

RTO Superintendent dismissed over inefficiency, misconduct, corruption

ISLAMABAD: Federal Board of Revenue has dismissed Nawaz Ali Shaikh, Superintendent (BS-16), Regional Tax Office, Karachi (presently posted in Directorate...

Customs Examiner dismissed over inefficiency, misconduct

ISLAMABAD: Federal Board of Revenue (FBR) has dismissed Ejaz Ahmed, Examiner (BS-16), Model Customs Collectorate of Export, Karachi over inefficiency...

Chief collector Nadir Khan lauds officials for seizing 23kg smuggled gold worth Rs 100m

ISLAMABAD: The Federal Board of Revenue (FBR) and Model Customs Collectorate Chief Collector Nadir Khan have appreciated Customs Investigation and...

Customs to deposit amount equal to 23kg of gold in national exchequer

ISLAMABAD: The Model Customs Collectorate has started process to submit the amount of 23 kg gold in national exchequer. The...

Bajwa wants to bring mega investment of black money by Pakistanis in UAE, Malaysia under tax net

ISLAMABAD: Showing concern over mega investment of untaxed money by Pakistanis in other countries, Federal Board of Revenue (FBR) Chairman...

Finance Ministry denies stoppage of credits, loans in Swat

ISLAMABAD: The Finance Ministry has turned down the perception of stoppage of issuance of loans and credits to the people...

ADC Amir releases 5 import consignments on provision of genuine documents

ISLAMABAD: Model Customs Collectorate Additional Collector Adjudication M.M Amir has released five import supply items out of 11 after getting...

Chief Collector North Nadir Khan fines two companies on tax theft

ISLAMABAD: Model Customs Collectorate Chief Collector North Nadir Khan Hoti has rejected the appeal against the decision of Sialkot Deputy...

Finance Ministry, PC to brief NA body on privatisation of public sector entities

06/01/2015

ISLAMABAD: The Finance Ministry and Privatisation Commission (PC) are going to brief the National Assembly’s Standing Committee on Finance, Revenue,...

FBR chairman Bajwa leaves for Saudi Arabia to perform Umrah

byMahmood Idrees

06/01/2015

ISLAMABAD: Federal Board of Revenue Chairman Tariq Bajwa has left for Saudi Arabia to perform Umrah here the other day....

Rubina Athar to lead delegation to discuss Pak-Afghan-Tajik trade agreement

06/01/2015

ISLAMABAD: Pakistan has nominated Commerce Ministry Additional Secretary Rubina Athar as focal person to lead Pakistani Technical Group to discuss...

Rs68b likely shortfall: Govt yet to revise Rs2.81tr target; Rs1,652b to be collected in 6-month

ISLAMABAD: The Federal Board of Revenue will have to collect Rs 1,652 billion in remaining six months (January-June) of the...

FBR to review impact of budgetary measures on revenue collections for fiscal year 2014-15

ISLAMABAD: The Federal Board of Revenue (FBR) is carrying out an exercise to measure the possible impacts on revenue collections...

FBR misses collection target, faces shortfall of Rs 86b in first 6 months

byMonitoring Report

KARACHI: The Federal Board of Revenue could not achieve revenue target in first six months of the fiscal year and...

Pakistanis in Dubai, Oman contribute in growth of remittances during Q2