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Govt intends to slash tax rate: FTO takes up pending refunds issue with FBR chief
ISLAMABAD: Federal Tax Ombudsman Abdur Rauf Chaudhry said that the FTO was closely monitoring the income tax and sales tax...
Govt asked to enhance non-agricultural export
ISLAMABAD: The sub group of Economic Advisory Council (EAC) on industry and trade, headed by Abdur Razzak Dawood, has recommended diversification...
Wide range of tax reforms proposed: Reorientation of customs duty role sought to boost industry
ISLAMABAD: Federal Board of Revenue (FBR) Tax Advisory Council Member Dr Manzoor Ahmed has proposed that the primary role of...
Customs withholds 150 consignments of cell phones
ISLAMABAD: Pakistan Customs has withheld 150 consignments of cell phones due to inability of Pakistan Telecommunication Authority to provide clearance...
No remedy in sight: Tyre smuggling depriving national kitty of Rs15b annually
KARACHI: The smuggling of an estimated 2.5 million new and used tyres into Pakistan has been causing a revenue to...
OIC FTOs conference being held today
ISLAMABAD: Federal Tax Ombudsman Abdur Rauf said that all arrangement had been finalized for the two-day 27 OIC member countries'...
Trade with neighboring countries inevitable to make economic progress: Dastgir
LAHORE: Trade with the neighbors is inevitable in order to make economic progress. Energy crisis and extremism are the two...
Smuggled goods case: Collectorate of Adjudication issues ONO, recovers Rs1.4 crore
KARACHI: The Collectorate of Adjudication-I has issued Order-in-Original (ONO) No.545/2013-14 against Bismillah, son of Muhammad Shah, resident of Gatta Bagh...
Collector Shahanshah issues 3 ONOs against Green Star Social Marketing, recovers Rs1.5 crore
KARACHI: The Collector Syed Shahanshah Hasnain of the Collectorate of Adjudication-I has issued three Order-in Original (ONOs) containing numbers: 547/2013-14,...
Customs Adjudication committed to quick disposal of cases: Collector Sumera Nazir
LAHORE: The Customs Collectorate (Adjudication) is committed to speedy dispensation of justice through timely disposal of cases registered at various...
Albania and Kosovo to have joint customs
TIRANE: Albania and Kosovo are taking steps for a new cooperation chapter which include the establishment of a joint customs...
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...
KPT gets new chairman
KARACHI: Vice Admiral Shafqat Jawed has taken charge as Chairman of Karachi Port Trust. He is the 31st Chairman of...
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...
Directorate gears up to add bulk oil, export modules in WeBOC
KARACHI: The Directorate of Reforms and Automation-FBR is gearing up to install the modules including bulk oil and raw materials...
