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
Existing scheme of ST collection to continue: FBR
ISLAMABAD: Federal Board of Revenue has clarified that the news appearing in a section of the press regarding introduction of...
Rs 47.110b ST fraud: Directorates infighting over jurisdiction mars probe
ISLAMABAD: Jurisdiction infighting between the Directorate General Intelligence and Investigation (DGI&I)-FBR and Directorate of Intelligence & Investigation (DI&I) Inland Revenue...
SROs elimination looming: Duty cut likely to boost automobiles import
ISLAMABAD: The government is planning a considerable cut in customs duty on import of up to three-year-old automobiles of all...
Computer hardware Import: I&I DG cautions IT firms against ‘business model’
ISLAMABAD: The FBR Directorate General of Intelligence and Investigation Inland Revenue (IR) Islamabad has cautioned leading international IT companies against...
PM’s tax incentive scheme expires
ISLAMABAD: The deadline for availing the Prime Minister Tax Incentive Scheme has expired amid failure to attract investors for declaring...
CAA seeks Rs7.99b refund paid as income tax
ISLAMABAD: The Federal Board of Revenue (FBR) has received a request from the Cabinet Secretariat (Aviation Division), seeking refund of...
Rs167b revenue collected in April
ISLAMABAD: Provisional revenue collection figures compiled by the Federal Board of Revenue in the tenth month of the current fiscal...
Only Rs468m recovered: Poor ST, FED dues recovery draws FBR ire
ISLAMABAD: The slow pace of recovery of sales tax and federal excise duty arrears by about 21 Large Taxpayer Units...
FBR sees adverse implications: Food Ministry proposal for duty-free potatoes import opposed
ISLAMABAD: The proposal for the duty-free import of 200,000 metric tonnes of potatoes to stabilise its prices in the local...
Finance Ministry, FBR adamant: Food Ministry wants 10pc GST on tractor
ISLAMABAD: The Finance Ministry and Federal Board of Revenue (FBR) have reportedly refused to help out local tractor industry. However,...
FBR may take stern action against big guns
ISLAMABAD: Federal Board of Revenue has reportedly decided to act sternly against the tax defaulters amongst the big guns of...
Study to weigh up pros of slash in ST rate underway
ISLAMABAD: A comprehensive study is being conducted to weigh up benefits of lowering rate of sales tax and expected increase...
Bajwa briefs lawmakers: FBR proposes e-volume tracing
ISLAMABAD: If the proposal accepted in the budget for 2014-15, the Federal Board of Revenue (FBR) will introduce “electronic volume...
Around 1500 PRAL employees deprived of their monthly salary
KARACHI: The staffers of PRAL Department are deprived of their monthly salary of March, 2014. The sources in PRAL Department...
Govt intends to slash tax rate: FTO takes up pending refunds issue with FBR chief
ISLAMABAD: Federal Tax Ombudsman Abdur Rauf Chaudhry said that the FTO was closely monitoring the income tax and sales tax...
Govt asked to enhance non-agricultural export
ISLAMABAD: The sub group of Economic Advisory Council (EAC) on industry and trade, headed by Abdur Razzak Dawood, has recommended diversification...
Wide range of tax reforms proposed: Reorientation of customs duty role sought to boost industry
ISLAMABAD: Federal Board of Revenue (FBR) Tax Advisory Council Member Dr Manzoor Ahmed has proposed that the primary role of...
Customs withholds 150 consignments of cell phones
ISLAMABAD: Pakistan Customs has withheld 150 consignments of cell phones due to inability of Pakistan Telecommunication Authority to provide clearance...
OIC FTOs conference being held today
ISLAMABAD: Federal Tax Ombudsman Abdur Rauf said that all arrangement had been finalized for the two-day 27 OIC member countries'...
Smuggled goods case: Collectorate of Adjudication issues ONO, recovers Rs1.4 crore
KARACHI: The Collectorate of Adjudication-I has issued Order-in-Original (ONO) No.545/2013-14 against Bismillah, son of Muhammad Shah, resident of Gatta Bagh...
