FTO declares salary income of a master mariner of foreign vessels exempt from income tax
KARACHI: While disposing of a complaint, FTO Dr. Asif Jah has directed FBR to revisit the tax order, in case of a Pakistani seafarer who is a Master Mariner sailing…
Salf Ullah Khan, President KCAA, nominated as the Honorary Coordinator (Customs Matters) to FTO, Karachi
5th time, elected KCAA President He is a respected among Customs agents fraternity, KARACHI: Mr. Salf Ullah Khan, President of Karachi Custom Agents Association, is nominated as the Honorary Coordinator…
President FPCCI has appointed Khurram Ijaz as Special Advisor
KARACHI: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has appointed Khurram Ijaz as Special Advisor to President FPCCI for FBR Affairs and Cross Border Trade for 2022.…
FTO asks FBR to be more considerate to octogenarian overseas Pakistanis
KARACHI: While disposing of a complaint, FTO has directed FBR to revisit the impugned order for tax year 2016 in terms of section 122A of the ordinance, in case of…
Customs Quetta seizes smuggled goods worth Rs100mn
QUETTA: Dalbandin and Rukhni Field Enforcement units of Customs Quetta have seized large quantity of foreign origin smuggled goods worth Rs 100 million. With the assistance of Levies, Customs Quetta…
Income tax on low paid employees held illegal
KARACHI: Representations/Appeals filed by Federal Board of Revenue Rejected/Dismissed by Dr. Arif Alvi, Honourable President of Islamic Republic of Pakistan. The President of Islamic Republic of Pakistan has dismissed/rejected 81…
DVD players with LCD for cars classified under heading 8527.2910
KARACHI: The Customs Classification Committee has determined that DVD players with LCD including essential character of radio broadcasting and for specific use in cars are appropriately classified under heading 8527.2910.…
Custom Declaration by all inbound/outbound International Passengers
KARACHI: With reference to government of Pakistan instructions conveyed by HOCAA regarding submission of Custom Declaration (includes currency declaration) by all inbound/outbound International Passengers, a meeting has been chaired by…
Acting Governor unveils Commemorative Banknote to mark 75 years of Pakistan’s Independence
Acting Governor State Bank of Pakistan (SBP) Dr. Murtaza Syed unveiled a Rs. 75 Commemorative Banknote to mark the 75th Anniversary of Pakistan’s Independence in a ceremony held at the SBP Museum, Karachi on…
SHC custom bench discourages un-necessary litigation
KARACHI: An appellate bench of High Court of Sindh seized with the hearing of custom, sales tax and income tax matter is discouraging the un-necessary litigation’s. The bench in a…
Internal Audit Inland Revenue identifies mastermind of Tamna Industries scam
KARACHI: The Directorate of Internal Audit-Inland Revenue-FBR Karachi has identified mastermind and real beneficiary of tax fraud case of M/s Tamna Industries in which FIR was lodged last month. On…
FTO asks FBR to be more considerate to octogenarian overseas Pakistanis
KARACHI: While disposing of a complaint, FTO Dr. Asif Jah has directed FBR to revisit the impugned order for tax year 2016 in terms of section 122A of the ordinance,…
FTO asks FBR to investigate fake sales tax supplies amounting to billions of rupees in cement sector
KARACHI: While investigating a complaint, FTO has unearthed a mega scam of billions in the form of fake sales tax supplies in cement sector. Accordingly Tax Ombudsman has directed FBR…
SHC allows fifteen day time to Pakistan Customs in Ketamine case
KARACHI: Justice Aftab Ahmed Gorar of High Court of Sindh on Friday allowed a time of fifteen days to Pakistan Customs to make a firm statement regarding alleged recovery of…
Sharjeel Jamal demands forensic audit of WeBOC system
KARACHI: Sharjeel Jamal of UTrade Logistics has said that WeBOC system is a flop system, which is unable to stop smuggling and facilitate legitimate trade. The risk management system of…
Dr. Jah inaugurates Taxpayers Facilitation Desk at FTO Secretariat Islamabad
KARACHI: In order to facilitate the taxpayers, the Federal Tax Ombudsman Secretariat has set up a Facilitation Desk of the FTO in its premises, which was formally inaugurated by Tax…
Customs Enforcement Karachi seizes large quantity of smuggled goods
KARACHI: Customs Enforcement Karachi has seized large quantity of smuggled goods worth millions of rupees. On the instruction of Collector Feroz Alam Junejo and Additional Collector Honak Baloch, Deputy Collector…
Enforcement Karachi lodges FIR against several for bonded cargo replacement
KARACHI: Customs Enforcement Karachi has booked several including bonded carrier M/s Saif-ur-Rehman & Brothers Pvt Ltd, M/s Shippo Pakistan Pvt Ltd, M/s Emirates Logistics Pvt Ltd and Shokatullah for smuggling,…