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
Production of counterfeit cigarettes: Rapid deployment force in the making to curb business
ISLAMABAD: The DG Intelligence and Investigation (I&I) Inland Revenue (IR) has decided to establish a Rapid Deployment Force (RDF), comprising...
FBR yet to probe smuggling of Iranian POL products
ISLAMABAD: The Federal Board of Revenue (FBR) has appeared to be indifferent towards the ongoing smuggling of Iranian POL products...
Broadening tax net: FBR collects Rs100m from unregistered persons
ISLAMABAD: The Federal Board of Revenue has collected approximately Rs100 million from over 25,000 unregistered persons who received notices under...
SRO 15(1)/2010 withdrawn: Cotton yarn import no more duty-free
ISLAMABAD: In view of the threat to the local cotton yarn industry due to the rising import of cotton yarn,...
EDF to be utilized only for viable projects: Dastgir
ISLAMABAD: Federal Commerce Minister Khurram Dastgir has stressed that the money collected under the Export Development Fund (EDF) should be...
Body set up to probe tax non-payment by MPs
ISLAMABAD: National Assembly Speaker Sardar Ayaz Sadiq has constituted a 10-member special committee to investigate the non-payment of taxes by...
Dar directs FBR to develop master plan for integrated transit trade system
ISLAMABAD: The Federal Minister for Finance Senator Mohammad Ishaq Dar directed Federal Board of Revenue to chalk out a comprehensive...
Phasing out concessionary regime: Withdrawal of SROs likely in budget
ISLAMABAD: The government is likely to announce withdrawal of Statutory Regulatory Orders (SROs) and allow reduced duty/tax rate across the...
Islamic Mode of Financing: PBA for amend to 7th Banking Schedule
ISLAMABAD: The Pakistan Banks Association (PBA) has proposed amendment to Seventh (Banking) Schedule of the Income Tax Ordinance, 2001 to...
17pc sales tax: Low tax-to-GDP ratio may not allow ST rate slash
ISLAMABAD: Low tax-to-GDP ratio has left the government with no option but to keep the sales tax rate, the major...
Gwadar ‘free port’ to be a game changer for whole region: Nawaz
GAWADAR: Prime Minister Nawaz Sharif on Thursday said the current government plans to develop Gwadar as a ‘free port’ on...
Ali Salman Abbasi assumes charge as Member (Enforcement & WHT), FBR
ISLAMABAD: Ali Salman Abbasi (PCS/BS-21) has assumed the charge of the post of Member (Enforcement & WHT), Federal Board of Revenue (Hq), Islamabad. He had relinquished the charge of the post of Director General, Directorate of Training & Research (Customs), Sub office, Lahore w.e.f. 21-04-2014.
Govt withholds Rs97b refunds, admits FBR chief
ISLAMABAD: The top taxman of the country admitted on that the government was withholding Rs97 billion refunds of taxpayers –...
PM visits Gwadar port today
ISLAMABAD: Prime Minister Nawaz Sharif will reach Gwadar today to review progress on the deep-sea port, located at the apex...
Dar takes credit for success: 3G, 4G auction fetches $1.1b
ISLAMABAD: The government raised more than $1.1 billion in its long-delayed auction of next-generation telecommunications licences, snapped up by the...
17pc ST being charged on CNG supply: Bajwa
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Bajwa said that the government was charging 17 percent sales tax on...
Wizards fail to woo MPs: Senate body rejects ST Amend Bill
ISLAMABAD: Sensing violation of the Supreme Courts orders, the Senate Standing Committee on Finance rejected Sales Tax (Amendment) Bill 2014,...
Rs 58m sales tax fraud: Q Mobile clears Rs40m after accountant’s arrest
ISLAMABAD: FBR Official Spokesperson and Member Inland Revenue Shahid Hussain Asad has confirmed that Q Mobile accountant was apprehended during...
Fruit export volume can be enhanced by following int’l standards: Dastgir
ISLAMABAD: Federal Commerce Minister Khurram Dastgir has said that Pakistani fruit exporters can enhance export volume of fruits if they...
Blockage of Rs415b ST refunds questioned: Senate’s body doubts increase in revenue collection
ISLAMABAD: Members of the Senate Standing Committee on Finance took Finance Minister Ishaq Dar to task for his claim regarding...
