Karachi

KARACHI: Federal Board of Revenue Chairman Tariq Bajwa arrived here in Karachi on Thursday morning and held a meeting with...

Directorate of Transit Trade accuses US focal person, authorized agents of cargo pilferage

KARACHI: The Directorate General of Transit Trade has prepared contravention reports registering focal person nominated by US Office of the...

Collector Memon lauds performance of officials on exceeding revenue target

Appraisement-East surpasses Rs 206b target of FY2014-15 KARACHI: The Model Customs Collectorate Appraisement-East surpassed the revenue target of Rs 206.06...

Punjab’s power crisis, Sindh’s lawlessness cause 9pc reduction in exports

KARACHI: The worst ever power crisis in Punjab and law and order situation in Sindh, particularly in Karachi, has brought...

RTO-I detects over Rs 3 billion tax evasion by steel sector

KARACHI: The Federal Board of Revenue’s (FBR) Regional Tax Office-I (RTO-I) Karachi has detected over Rs 3 billion sales tax...

Customs Collectorate-Exports misses Rs 5.664 billion revenue target for FY 2014-15‏

KARACHI: With significant reduction in country’s exports, the Model Customs Collectorate (MCC) of Export has too missed the revenue target...

FBR to levy tax on Google business in Pakistan

byWaqar Ahmed Ansari

KARACHI: The Federal Board of Revenue (FBR) is considering imposing tax on Google. Sources told Customs Today that board is...

Collector Saleem congratulates staff on surpassing Rs 217b revenue target of FY2014-15

KARACHI: Collector of Model Customs Collectorate Appraisement-West, Muhammad Saleem has appreciated the efforts of officials for surpassing the revenue target...

Gwadar Port collects Rs 1.654 billion customs duty against target of Rs 601.94 million in 2014-15

KARACHI: With its significant contribution to the national kitty, the Gwadar Port has proved that it will spur economic activities...

Enforcement-South attains Rs 25.593 billion customs duty target for FY 2014-15

KARACHI: The Model Customs Collectorates Preventive, Hyderabad, Exports, Quetta, Gwadar of Enforcement-South Region and Export (Port Muhammad Bin Qasim) have...

Sindh govt launches Real Estate Investment Trust to rationalize transfer duties, taxes

KARACHI: Aimed at rationalizing the transfer duties and taxes and facilitating real estate developers, the Sindh government has launched the...

Most of the FBR officials fail to submit tax returns

byWaqar Ahmed Ansari

KARACHI: Despite the passage of last date of the fiscal year 2014-15, a majority of Federal Board of Revenue (FBR)...

FBR to conduct audit of withholding tax of land developers

byWaqar Ahmed Ansari

KARACHI: The Federal Board of Revenue (FBR) has decided to conduct audit of withholding tax of land developers. Sources close...

Customs Adjudication –I orders PTCL to pay Rs1.977b against evasion of duties/taxes

01/07/2015

KARACHI: Collector of Customs Adjudication-I, Dr. Fareed Iqbal Qureshi upheld the contravention case against Pakistan Telecommunication Limited (PTCL) made by...

NATO/ISAF pilferage case: Defence ministry seeks details from Directorate General of Transit Trade

01/07/2015

KARACHI: The Ministry of Defence (MoD) has sought a detailed report on investigation made by Directorate General of Transit Trade...

All field formation Collectorates expedite efforts for achieving revenue targets of FY 2014-15

bySohail Rab

KARACHI: The authorities concerned of all field formation Collectorates i.e. MCC-Appraisement-East, MCC-Appraisement-West and MCC-Port Muhammad Bin Qasim have expedited their...

FBR seeks consent of grade 20 officers to attend National Management Course

KARACHI: The Federal Board of Revenue (FBR) is holding 103rd National Management Course (NMC) at National Management College, Lahore. The...

K-Electric defaulter of Rs 1.36 billion electricity duty‏

KARACHI: Though the K Electric Limited (formerly KESC) has been involved in power outages, over billing etc, the power utility...

FBR authorizes IOCO to implement SRO 608 (I)/2014