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Pak Customs seeks verified data of petrol pumps within 48hrs
KARACHI: Pakistan Customs has directed the oil marketing companies to provide verified data of all legal petrol pumps within 48...
July-April: Central region customs duty collection up by 9pc
LAHORE: Central region’s customs duty collection has increased by 9 per cent during the period from July to April during...
FBR holds taxpayers facilitation workshop in Haripur
HARIPUR: Facilitation and Taxpayers Education (FATE) Wing of the Federal Board of Revenue (FBR) organized a daylong workshop on e-portal...
FBR recovers Rs 30m taxes from re-rolling mills
LAHORE: Federal Board of Revenue regional tax office Wednesday recovered Rs 30 million from Jamal Re-Rolling Mills Badami Bagh. FBR...
Budget preparation: FBR bars visitors’ entry
ISLAMABAD: Due to heavy engagements of Chairman and Members of FBR in the Budget related exercise and for the purpose...
Pak-China Economic Corridor reflects durable future
URUMQI: Senate’s Chairman Syed Nayyer Hussain Bukhari has said that Pakistan-China Economic Corridor envisages close trade and commercial relations and industrial...
TDAP to patronize agro-food sector on priority
ISLAMABAD: Trading Corporation of Pakistan (TDAP), Agro Food Division has been geared up by Chief Executive SM Muneer and Secretary...
Non-taxpayers making bulk of land transactions: FBR
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Bajwa has said that out of 56,000 land transactions in Karachi, 28,000...
Rupee appreciation toughens revenue collection: Bajwa
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Bajwa informed the Senate Standing Committee on Finance that the board was...
3,395 availed PM incentive package, Rs87.7m tax deposited
ISLAMABAD: A total of 3,395 returns were filed and tax amounting to Rs87.7 million was deposited under the Prime Minister...
27pc consignments being cleared under green channel
ISLAMABAD: FBR Member Customs Nisar Muhammad has said that the Pakistan Customs had framed and notified vide SRO 121(1)12014 new...
RTO Karachi urges filing IT returns to avoid legal action
KARACHI: A large number of potential taxpayers are approaching the income tax department for compliance. The department has also advised...
FTO Rauf orders timely refunds to exporters
ISLAMABAD: Federal Tax Ombudsman Abdur Rauf Chaudhry has ordered Federal Board of Revenue to issue due refunds to all the...
FBR set for phasing out tax exemptions in 3 years, Bajwa tells senate
ISLAMABAD: Federal Board of Revenue is all set for phasing out all the tax exemptions within three years as the...
FBR seizes Rs17m tax from Sinaco Industries account
LAHORE: Federal Board of Revenue Regional Tax Office has recovered Rs 17,354,394 from account of Sinaco Industries (Pvt) Limited, a...
Kyrgyzstan all set to join Customs Union
BISHKEK: Kyrgyzstan’s government has approved a draft version of the road map for Kyrgyzstan to join a Russia-led customs union....
Dastgir arrives in US to hold trade talks
ISLAMABAD: Commerce Minister Khurram Dastgir has arrived at Washington DC to attend a meeting on Trade and Investment Framework Agreement...
Punjab to tax big houses, luxury items in budget
LAHORE: The Punjab government will impose a new tax on big houses and luxury items in the next fiscal year,...
Budget to set the pace: FBR gearing up for phasing out SROs
ISLAMABAD: The Federal Board of Revenue (FBR) is likely to withdraw sales tax, income tax and customs duty exemptions granted...
FBR does’t on board: NA body okays tariff structure for auto industry
ISLAMABAD: The National Assembly Standing Committee on Industries and Production worked out a five-year new tariff regime for auto sector,...
