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FBR embarks on drafting budget for 2015
ISLAMABAD: The Federal Board of Revenue has started the process for drafting budget for the next fiscal year (2014-15). In...
Revenue grows by 16pc: FBR collects Rs1.45tr from July to March 21
ISLAMABAD: The Federal Board of Revenue provisionally collected Rs1,453.531 billion from July 1 to March 21 (2013-14) against Rs1,249.938 billion...
Govt to invoke tougher laws for taxation: Shahid Asad
KARACHI: Federal Board of Revenue Official Spokesman Shahid Hussain Asad has said that Prime Minister’s Tax Incentive Scheme has failed...
Aminullah named as DG IST, KPR
PESHAWAR: Former Federal Board of Revenue (FBR) Sardar Aminullah Khan has been appointed as IST Director General of newly-established Khyber...
Abdullah formally named member of Tax Advisory Council
KARACHI: Karachi Chamber of Commerce and Industry President Abdullah Zaki will represent KCCI in the Tax Advisory Council formed by...
ECC approves dismantling unserviceable impounded vehicles
ISLAMABAD: Finance Minister Ishaq Dar, while chairing a meeting of Economic Coordination Committee, has approved the proposal of Revenue Division...
Collective efforts can uplift economy: LCCI
LAHORE: All segments of the society would have to work hand in hand to make the country a land of...
PIAF hails govt’s steps in energising economy
LAHORE: PIAF Chairman Malik Tahir Javed has said that business community was feeling the heat since last couple of years...
Veg, fruit traders want exports under ATT in rupee
PESHAWAR: Rejecting the government decision regarding declaring dollar as currency for exports to Afghanistan, the vegetable and fruit merchants have...
Verdict on 485 identical petitions: SHC rules SRO to ST Law ultra vires
KARACHI: Sindh High Court (SHC) declared a detailed judgment on as many as 485 petitions filed in mega sales tax...
Collection of duties/taxes: Banks to remain open on 29th, 31st
ISLAMABAD: The Federal Board of Revenue (FBR) has announced that authorised branches of State Bank of Pakistan, National Bank of...
Foreign investors’ delegation visits LTU
KARACHI: An investor delegation headed by Dr. Talat Mahmood and consisting of Ludwig Schwegmann and Dr. Andreas Waldraff from Germany and...
4 declared proclaimed offenders for misappropriation in duty
LAHORE: Special Judge of Customs has declared four accused of misappropriation in customs duty as proclaimed offenders. The Special Judge...
Customs impounds 50 LED TVs, cloth, food items
LAHORE: Anti-smuggling wing of Model Customs Collectorate Lahore has seized non customs duty paid goods and articles worth millions of...
SHC issues orders for release of stuck cell phones without TAC
KARACHI: The Sindh High Court (SHC) has issued orders to Pakistan Customs and other authorities concerned to release and clear...
Committee disgusted over pace of development at Gwadar port
ISLAMABAD: Senate’s Standing Committee on Ports and Shipping has expressed concerns over delay in the Gwadar’s development projects and warned...
FTO terms delay in refund as maladministration
ISLAMABAD: Federal Tax Ombudsman (FTO) Chaudry Abdur Rauf has ruled that delay in issuance of refunds was tantamount to maladministration...
Dastgir for enhancement of Pak-Bahrain trade ties
ISLAMABAD: Minister for Commerce Khurram Dastgir has invited the business community of Bahrain to take the maximum benefit from the...
Curb on terror financing, money laundering: Finance Bill likely to spell out measures
ISLAMABAD: To effectively curb money laundering and do away with ways of terrorism financing, the government is contemplating introduction of...
Lowering of set revenue target most likely
ISLAMABAD: The finance ministry is likely to revise the targets of revenue collection designed by Federal Board of Revenue, it...
