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Region A collects Rs 750m as property tax in seven months of FY 2014-15
LAHORE: The Excise and Taxation Department's Region A has recovered Rs 750 million in the first seven months of the...
No WHT exemption is available to foreign institutional investors: FBR
KARACHI: The Federal Board of Revenue (FBR) has notified that no exemption, whatsoever, from withholding tax (WHT) under Eighth Schedule...
Multan Dry Port generates Rs 128m tax through Rs 1.882b export, Rs 524m import in Jan
MULTAN: The Multan Dry Port Trust (MDPT) has handled Rs 1.882 billion of export during the month of January in...
All E-forms uploaded at WeBOC, sent for bank verification
KARACHI: “E-forms are being uploaded at WeBOC automated system at ratio of 100 percent and sent to the private banks...
FIA seizes smuggled goods worth Rs 50m from warehouse
LAHORE: The Federal Investigation Agency (FIA) has seized five trucks carrying smuggled items from Misri Shah area of Lahore. The...
Collector Appraisement-East Manzoor Memon holds meeting with R&D officials
KARACHI: Collector MCC Appraisement-East Manzoor Hussain Memon has held a meeting with the officials of Research and Development (R&D) Section....
Punjab Excise Dept seizes documents of 450 vehicles in one week for non-payment of token tax
LAHORE: The Excise and Taxation Department is taking strict actions against people who have not paid token tax in Lahore...
Lahore: Regional Tax Office-I to issue notices to 135 non-filers
LAHORE: The Federal Board of Revenue (FBR) Regional Tax Office-I (RTO-I) Lahore is going to issue 135 show cause notices...
Multan: ASO seizes smuggled cloth worth Rs 0.5m
MULTAN: The Anti-Smuggling Organisation (ASO), in an operation, seized six sacks of Indian cloth from the office of Haneef Cargo...
Multan: Customs seizes 56,000 litres of smuggled furnace oil worth Rs 2.5m
MULTAN: The Model Customs Collectorate Multan has seized an oil tanker carrying 56,000 litres of smuggled furnace oil during an...
Customs Internal Audit awaits response on Rs 640m audit paras sent to field formation collectorates
KARACHI: The Directorate General of Internal Audit-Customs has detected and sent audit paras amounting to Rs 240 million – in...
Pak rupee remains firm against dollar at 102.1 in open market
KARACHI: The Pakistani rupee Tuesday remained firm against US dollar both in open market and interbank. As per local currency...
Australian dollar declines after US stocks tumble
SYDNEY: The Australian dollar is lower, after US stocks fell ahead of Congressional testimony from US Federal Reserve Chair Janet...
FBR Union president dismissed
LAHORE: Federal Board of Revenue (FBR) has dismissed the central president of its workers union, Mian Abdul Qayyum, from service....
FBR serves notices to companies for not paying taxes in due rates
ISLAMABAD: The Federal Board of Revenue (FBR) has served notices to tax evaders on a large scale with an objective...
Commerce Ministry pursues diversification of markets policy vigorously
ISLAMABAD: The Ministry of Commerce (MoC) is pursuing agenda of diversification of new markets for Pakistani products especially in Europe....
ADC Irfan, Akram ask Customs officials to submit all documents regarding clearance of 1900 vehicles
KARACHI: A two-member committee comprising Additional Collector (ADC) Irfan Javed and Additional Collector Akram Ahmed formed for investigating the dubious...
ANF seizes heroin worth Rs 15m, arrests two drug smugglers
LAHORE: The Anti-Narcotics Force (ANF) claimed to have arrested two accused at the Allama Iqbal International Airport for attempting to smuggle...
Appraisement-West to take disciplinary action against ATT staffers
KARACHI: The authorities concerned of Model Customs Collectorate MCC Appraisement-West have decided to take disciplinary action against the Afghan Transit...
Major reshuffling of Excise and Taxation officers soon
LAHORE: The Excise and Taxation Department is expected to reshuffle employees on a large scale, as a number of irregularities...
