FBR devising simplified performa for new taxpayers
KARACHI: The Federal Board of Revenue (FBR) and business leaders have agreed on devising a simplified performa for the new taxpayers. Through the Finance Act 2015, a new section 236P…
Sales Tax registration of retailers having Rs5.0 million turnover no longer binding
KARACHI: The Sales Tax Committee, one of the three committees constituted by the government last week to facilitate talks and resolve issues facing the business community, has dispelled the fears…
Meeting at FBR discusses issues of textile industry
KARACHI: A high level meeting of the representatives of textile industry was held in FBR (HQs) to discuss issues relating to viability of textile sector and issues of textile industry…
A number of senior PCS officers set to retire in next 5 years
KARACHI: A large number of senior officers of Pakistan Customs Service (PCS) in the next five years which would create vacancies for junior officers to be upgraded in senior grades.…
Pakistan’s petroleum gases import register huge jump in July
KARACHI: Pakistan’s petroleum gases and gaseous hydrocarbon imports have surged massively to Rs7.958 billion in July 2015 as compared with Rs2.145 million in July 2014, as reported by Customs Appraisement…
MCC Preventive foils gold smuggling bid
KARACHI: The MCC Preventive staff at Jinnah Terminal has foiled a bid to smuggle large quantity of gold bars, mobile phones and laptop and tablets etc worth Rs7.4 million. Four…