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’s process of scrutiny of workers asset declaration kicks off

byM Arshad
29/10/2014
in Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: The Federal Board of Revenue (FBR) has delegated responsibility to newly-appointed chief management to scrutinize the information furnished by the employees in their asset declarations forms.

Malik Tanvir Akhtar has been asked to hold tight scrutiny of the information provided by the FBR officials and employees in the annual asset declaration forms. Under Revised Conduct Rules 1964, submission of asset declaration forms is mandatory for all employees after the closure of every financial year.

You might also like

“Young entrepreneurs can reshape Pakistan’s economic future”

17/10/2026

NBP inks MoU with PowerChina arm for green financing collaboration

17/10/2026

A well-placed source at FBR told this scribe here on Tuesday that with the appointment of newly appointed Chief Management Malik Tanvir Akhtar, serious efforts in this regard had kicked off. The source said that Asset Declaration Form carried information of total income of employees, his or her spouse, expenditures incurred on education of children, foreign trips, membership fee of clubs and household. Form also carried information about all moveable and immovable assets, his or her spouse and dependants.

“Details of banks accounts are also part of this information,” the source said, adding: “Submission of reconciliation of increase or decrease is also must”. The source said that nothing significant had been happened in this regard in the past, however, the incumbent government had taken this issue seriously ensured that all employees should submit these forms.

“Under the directions of the government that FBR took strict action against those officials and employees who failed in submitting their asset declaration and as per punishment stopped payment of their performance allowances,” the source said. The source further said that new Chief Management had been given a task to scrutinize the verbosity of the declared information in those asset declaration forms.

“This mechanism is targeted to ensure integrity and honesty in the organization and which can be very effective, however, innocent officials may have to bear the brunt in case of incorrect scrutiny as well as any biased approach of the official given the task scrutiny,” the source added.

 

Tags: Asset Declaration FormbusinessChief Management Malik Tanvir AkhtarCustoms NewsFBRFederal Board of Revenue (FBR)fee of clubforeign tripsMalik Tanvir Akhtarmembership fee of clubs

Related Stories

“Young entrepreneurs can reshape Pakistan’s economic future”

byCT Report
17/10/2026

ISLAMABAD: The president of the Islamabad Chamber of Commerce and Industry has called for turning Pakistan's youth into a driver...

NBP inks MoU with PowerChina arm for green financing collaboration

byCT Report
17/10/2026

LAHORE: National Bank of Pakistan (NBP) has signed a Memorandum of Understanding (MoU) with PowerChina|Integrity Energy Storage (Shanghai) Technology Co....

FBR implements faceless tax audit and assessment system from October 15

byCT Report
17/10/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has implemented a new framework for conducting tax audits, assessments and related proceedings...

Pakistan explores new funding options with three UAE Banks to ease debt pressure

byCT Report
17/10/2026

ISLAMABAD: Finance Minister Muhammad Aurangzeb held separate meetings with delegations from Sharjah Islamic Bank, Abu Dhabi Commercial Bank and Ajman...

Next Post

Commerce Ministry to set up land ports at Chaman, Wagah, Torkham

  • 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.