Slider News

26/02/2015

KARACHI: The Federal Board of Revenue (FBR) has completed its work in order to make the Collectorate of Intellectual Property...

Shortage of ADCs at Appraisement-West disturbs routine work

KARACHI: The Model Customs Collectorate MCC Appraisement-West has faced yet another setback in terms of its working strength at official...

Region A collects Rs 750m as property tax in seven months of FY 2014-15

LAHORE: The Excise and Taxation Department's Region A has recovered Rs 750 million in the first seven months of the...

No WHT exemption is available to foreign institutional investors: FBR

byCustoms Today Report

KARACHI: The Federal Board of Revenue (FBR) has notified that no exemption, whatsoever, from withholding tax (WHT) under Eighth Schedule...

All E-forms uploaded at WeBOC, sent for bank verification

KARACHI: “E-forms are being uploaded at WeBOC automated system at ratio of 100 percent and sent to the private banks...

Collector Appraisement-East Manzoor Memon holds meeting with R&D officials

KARACHI: Collector MCC Appraisement-East Manzoor Hussain Memon has held a meeting with the officials of Research and Development (R&D) Section....

Punjab Excise Dept seizes documents of 450 vehicles in one week for non-payment of token tax

LAHORE: The Excise and Taxation Department is taking strict actions against people who have not paid token tax in Lahore...

Lahore: Regional Tax Office-I to issue notices to 135 non-filers

byMahmood Idrees

LAHORE: The Federal Board of Revenue (FBR) Regional Tax Office-I (RTO-I) Lahore is going to issue 135 show cause notices...

Customs Internal Audit awaits response on Rs 640m audit paras sent to field formation collectorates

KARACHI: The Directorate General of Internal Audit-Customs has detected and sent audit paras amounting to Rs 240 million – in...

FBR serves notices to companies for not paying taxes in due rates

byM Arshad

ISLAMABAD: The Federal Board of Revenue (FBR) has served notices to tax evaders on a large scale with an objective...

ADC Irfan, Akram ask Customs officials to submit all documents regarding clearance of 1900 vehicles

KARACHI: A two-member committee comprising Additional Collector (ADC) Irfan Javed and Additional Collector Akram Ahmed formed for investigating the dubious...

Appraisement-West to take disciplinary action against ATT staffers

KARACHI: The authorities concerned of Model Customs Collectorate MCC Appraisement-West have decided to take disciplinary action against the Afghan Transit...

Major reshuffling of Excise and Taxation officers soon

LAHORE: The Excise and Taxation Department is expected to reshuffle employees on a large scale, as a number of irregularities...

Collector Saleem orders Customs officers to prepare SOPs regarding clearance of vehicles

KARACHI: The Customs officials of Car Group (Group-VII) Model of Customs Collectorate (MCC) Appraisement-West while following the directives of Collector...

FBR decides to bring “professionals” into tax net

KARACHI: The Federal Board of Revenue (FBR) has decided to bring “professionals” into tax net and punitive measures are being...

WHT zone of RTO-II achieves 98% revenue target in 7 months

byMahmood Idrees

LAHORE: The withholding tax (WHT) zone of the Regional Tax Office-II (RTO-II) has achieved 98 percent of its target during...

FBR freezes seven bank accounts of MLW, recovers Rs 4.8m

LAHORE: The Federal Board of Revenue (FBR) has frozen seven bank accounts of MLW Private Limited and recovered Rs 4.8...

KSE loses early gains, 100-index sheds 30pts to reach 33963pts

byCustoms Today Report

23/02/2015

KARACHI: The Karachi Stock Exchange benchmark 100-index Monday lost 30 points and dropped from 34000 points mark to 33962.92 points...

Lahore: Anti-Narcotics Cell arrests 5, recovers 4.5kg drugs