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Provisional valuation disallowed on existing Valuation Ruling
ISLAMABAD: Importers will not be allowed to avail of the facility of provision valuation for goods declaration when the valuation...
Strategy being evolved to catch tax evaders: Chairman FBR
ISLAMABAD: Chairman Federal board of Revenue (FBR) Dr Ishfaq Ahmad has said a comprehensive strategy was being evolved to catch...
CCoE approves winter incentive package on incremental consumption
ISLAMABAD: The Cabinet Committee on Energy (CCoE) approved the summary submitted by Power Division on the winter incentive package on...
Govt wants autonomous, people-friendly FBR: Tarin
ISLAMABAD: The government is fully committed to grant the Federal Board of Revenue (FBR) operational and financial autonomy to rule...
Direct subsidy being provided to 12.5 million households: Finance Minister
ISLAMABAD: Finance Minister Shaukat Tarin says the government is taking a number of measures to absorb the upward pressure on...
LHC declares FBR’s sales tax audit illegal
LAHORE: The Lahore High Court declared the current procedure of the Federal Board of Revenue’s sales tax audit illegal. Justice...
SHC lifts stay on customs duty for wheat imports
KARACHI: The Sindh High Court removed a six-year-long injunction on customs duty on wheat imports. On 17 September 2021, a...
PAF Air War College delegation visits KCCI
KARACHI: A delegation comprising senior officers of PAF Air War College led by Air Vice Marshal Hussain Ahmed Siddiqui visited...
Customs Court approves physical remand of accused in mobile accessories smuggling case
KARACHI: The Customs Court sent suspect namely Hassan Abbas son of Muhammad Hanif to customs preventive custody on physical remand...
SHC seeks comments on petition filed by M/s Ahsan Enterprises for return of security amount
KARACHI: The Sindh High Court (SHC) directed customs officials to make sure filing their respective para wise comments on next...
Bid documents of Sukkur-Hyderabad motorway approved
ISLAMABAD: The board of Public-Private Partnership Authority (P3A) approved the bid documents of the landmark Sukkur-Hyderabad Motorway Project proposed to...
FBR announces not to extend return filing date
ISLAMABAD: Federal Board of Revenue (FBR) on Friday reiterated its resolve for not extending the last date for filing annual...
President Alvi promulgates new tax laws containing fresh penalties for non-filers
ISLAMABAD: President Arif Alvi has promulgated new tax laws, empowering the authorities to disconnect mobile phones/SIMS, electricity and gas connections...
Shipbuilder Hyundai Heavy sails away on market debut
SEOUL: Shares in the world’s biggest shipbuilder Hyundai Heavy Industries more than doubled from their initial public offering price when...
Finance Minister finalizes contours of KPP in consultation with all relevant stakeholders
ISLAMABAD: A meeting chaired by Finance Minister Shaukat Tarin in Islamabad on Friday finalized the contours of Kamyab Pakistan Program...
Dry-docking at Engro LNG terminal completed: Hammad Azhar
ISLAMABAD: Federal Minister for Energy Hammad Azhar has said the process of dry docking at the liquefied natural gas (LNG)...
Provinces to continue to tax restaurants: Shaukat Tarin
ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin presided over the meeting of the National Tax Council (NTC) at...
Communication, collaboration & cooperation most important to run organizations: Ambreen Tarar
LAHORE: Collectorate of Customs Sialkot Collector Sialkot Ambreen Ahmed Tarar has termed communication, collaboration and cooperation as three most important...
Pakistan, Afghanistan trade soars following Taliban takeover
PESHAWAR: Exporters from Pakistan have resumed supplying goods to Afghanistan after more than three weeks of uncertainty in Kabul. After...
Pakistan’s economy shifting from consolidation to growth phase: Tarin
ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin underlined that due to prudent fiscal policies and strict financial discipline,...
