Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Karachi

Declare assets by Nov 30 or face discontinuation of allowance, FBR tells officers

bySyed Muhammad Aslam
25/11/2014
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Failure to declare assets held and acquired for the fiscal year by all Field Formations officers of Inland Revenue Service and Pakistan Customs Service by November 30 would result in the discontinuation of the performance allowance.

A reminder issued by Revenue Division, FBR on November 17 said that a number of officers have still not submitted their declaration of assets despite an earlier letter issued by the FBR on August 5, 2014. The letter titled “Declaration of Assets held & Acquired by Govt Servants for the year ended June 30”, further said that the “Competent Authority has taken a serious view of the situation and has directed to initiate process to discontinue performance allowance of officers who fail to file the declaration of assets by November 30, 2014.”

You might also like

BOI showcases one-window business facilitation centre at ICCI awareness session

17/07/2026

FBR import blunders cost Pakistan Rs356 crore, audit reveals

17/07/2026

It is therefore intimated, the letter read, that the performance allowance of officers who fail to submit all declaration of their assets by November 30 will be discontinued/denotified after November 30.

“Your are requested to circulate the above information to the concerned officers working under your administrative control. The complete declaration of assets may be addressed to Mr. Muhammad Adil Khan, Second Secretary (ERM-II) FBR (Hq), Islamabad”, the reminded concluded. The reminder was signed by Muhammad Majid, Secretary (Mgt-IR-I).

 

Tags: Failure to declare assets held and acquiredFBR on November 17 saidIt is therefore intimatedMr. Muhammad Adil Khan

Related Stories

BOI showcases one-window business facilitation centre at ICCI awareness session

byCT Report
17/07/2026

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI), in collaboration with the Board of Investment (BOI), organized an awareness...

FBR import blunders cost Pakistan Rs356 crore, audit reveals

byCT Report
17/07/2026

ISLAMABAD: Pakistan’s customs authorities incurred revenue losses exceeding Rs. 3.56 billion due to the incorrect classification and undervaluation of imported...

FBR scrutinises foreign income in Pakistan’s real estate investments

byCT Report
17/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has intensified scrutiny of foreign income linked to Pakistan’s real estate sector by...

Karachi Port sets 138-year cargo handling record

byCT Report
17/07/2026

KARACHI: Pakistan's maritime sector has achieved a major milestone as Karachi Port set a new record in its 138-year history...

Next Post

Excise Dept issues notices to 3,000 owners of car, bike showrooms

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.