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Tax exemptions: Govt balking at stripping VIPs of privilege
ISLAMABAD: The federal government is balking at the possibility of withdrawing income tax exemptions from VIPs holding public offices on...
Govt urged to step in to arrest decline in exports
LAHORE: The textile exporters have expressed grave concern over the declining exports despite grant GSP Plus status by the European...
LHC suspends SRO on capacity tax
LAHORE: The Lahore High Court (LHC) suspended a statutory regulatory order (SRO) which divided the beverage industry, caused embarrassment to...
Raise in WHT on power, gas bills on the anvil
ISLAMABAD: The Federal Board of Revenue (FBR) is seriously contemplating increasing the withholding tax rates on electricity and gas bills...
FBR may miss twice-revised revenue target
ISLAMABAD: The Federal Board of Revenue (FBR) is most likely to miss the twice-revised revenue collection target of Rs2,275 billion...
Assessment under Section 122: LHC tells FBR to first decide jurisdiction
LAHORE: The Lahore High Court (LHC) while taking a petition, directed the Federal Board of Revenue to decide the question...
Rs71.3m duty evasion: Contravention Report made against M/s Fazal Sardar textile mill
KARACHI: Model Customs Collectorate of Exports has made the Contravention Report (CR) against M/s Fazal Sardar Textile Mills in the...
FBR vows to raise business cost for non-taxpayers
ISLAMABAD: The Federal Board of Revenue (FBR) has made a firm decision to make business extremely difficult for non-taxpayers from...
Customs swings into action against vehicle import on fake MoC documents
KARACHI: MCC Appraisement-West has withheld two out of seven vehicles imported on fake permission letter of Ministry of Commerce while...
FBR seizes Al-Makkah Press bank accounts, recovers Rs 1,235,000 tax
LAHORE: Federal Board of Revenue (FBR) regional office has recovered Rs 1,235,000 tax from bank accounts of Al-Makkah Press (Pvt) Ltd...
I-pad, computer tablets provided to KICT staff for efficient output
KARACHI: Model Customs Collectorate of Appraisement-West has provided I-pad and computer tablets to the examination staff of Karachi International Container...
ANF Lahore seizes opium, charas, vehicles
LAHORE: Anti Narcotics Force (ANF) Monday recovered huge quantity of opium, charas and seized vehicles. ANF Lahore Road Check Team recovered...
Abdul Rasheed appointed as Chairman Pakistan Shippers Council
KARACHI: President FPCCI Zakaria Usman has appointed Abdul Rasheed Jan Mohammad as Chairman of Pakistan Shippers Council for the year...
Auction of 21 new Mitsubishi vans, PVC scrap lights today
KARACHI: Model Customs Collectorate of Appraisement-East is going to hold auction of vehicles and PVC scrap lights at Motor-shed, East...
Esbani takes charge as Director PCA
KARACHI: Perwez Esbani, a Grade-20 officer of Pakistan Customs, has assumed the charge as Director, Post Clearance Audit (PCA), in...
Suspected of spying, drone turns out smuggling vehicle
KALININGRAD: After two weeks of investigations by Russian authorities which had detained a Lithuanian drone suspected of spying it has...
Fishermen harbour in Dubai completed
DUBAI: Dubai Customs has completed the fishermen harbours development project in Jumeirah and Umm Suqeim. The project aims to support...
Five PCS officers promoted to Grade 19 on regular basis
ISLAMABAD: Federal Board of Revenue has announced promotions of five officers of Pakistan Customs Service to Grade 19 on regular...
Law to curb undervaluation of property discussed
ISLAMABAD: The government is planning introducing a new law in budget (2014-15) to empower the Federal Board of Revenue (FBR)...
Punjab likely to tax ads display at highways, hostels, guesthouses
LAHORE: The Punjab government is considering taxing display of advertisements at highways hostels, guesthouses and on internet, and reviewing the...
