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 Islamabad

FBR says more than Rs300b recovery cases pending in courts

byCT Report
26/04/2017
in Islamabad
Share on FacebookShare on Twitter

ISLAMABAD: Federal Board of Revenue (FBR) has apprised the Public Accounts Committee (PAC) of Parliament that over Rs.300 billion recovery cases were pending before the courts due to stay orders.

The committee which met here with Acting Chairman Sardar Ashiq Hussain Gopan reviewed audit paras of FBR for fiscal year 2013-14. Briefing the committee FBR chairman Dr Muhammad Irshad told the committee that FBR was facing immense problems due to prolong stay orders in recovery cases and sought the parliament support and legislation in this regard.

You might also like

Pakistan not seeking new financing from friendly countries: Aurangzeb

28/04/2026

Pakistan advances PIA privatisation as Arif Habib Consortium secures full ownership

28/04/2026

The PAC directed FBR to block Computerized National Identity Cards (CNICs) of those people who were hesitating depositing public money. FBR was further directed to take up the issue with interior ministry and proper process should be started into the matter.

The FBR Chairman said recovery process has already been expedited and steps were being taken to pursue cases in light of PAC direction.

He said high courts and others courts were requested to constitute special benches to hear the cases. He said a software has also been prepared to monitor tax collection.

The PAC directed the Chairman FBR to ensure holding of departmental audit committee meetings in time and took stern action against responsible officials for their failure to recover public money.

Dr Irshad said earlier there were no legal wing in FBR and services of competent lawyers were hired to pursue the cases.

Mehmood Khan Achakzai was of the view FBR was unable to recover the amount during the last five years. He said the audit report reflected that no action was taken against anyone for their failure.

Related Stories

Pakistan not seeking new financing from friendly countries: Aurangzeb

byCT Report
28/04/2026

SLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Aurangzeb has said that Pakistan has no intention to seek new...

Pakistan advances PIA privatisation as Arif Habib Consortium secures full ownership

byCT Report
28/04/2026

ISLAMABAD: A significant breakthrough has emerged in the privatisation of Pakistan International Airlines, with the Arif Habib Consortium acquiring 100...

Pakistan to launch $250m Panda Bond in May 2026

byCT Report
28/04/2026

ISLAMABAD: Finance Minister Muhammad Aurangzeb just announced a major financial strategy. Pakistan will launch a $250 million Panda bond this...

FBR clarifies tax relief for builders under special regime

byCT Report
28/04/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a clarification regarding the applicability of advance tax on property transactions...

Next Post

SHC orders Customs to release baby diaper consignment

  • 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.