FBR Chairman inaugurates LTU-II
KARACHI: Federal Board of Revenue (FBR) Chairman Nisar Mohammad Khan has inaugurated Large Taxpayers Unit-II here on Tuesday. In order to cater higher tax collection in country, the FBR expanded…
SHC allows petition by family members of Captain Haleem Siddiqui
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan on Tuesday disposed of a constitution petition filed by…
SHC direct Customs to produce all FIR’s against clearing agent by Wednesday
KARACHI: Pakistan Customs, Appraisement (West) was directed by a divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan to place…
Pakistan Customs revenue collection posts 12.5 percent growth
KARACHI: The overall revenue collection by Pakistan Customs in the fiscal year so far i.e. eight months (July-February 2016) has surged by 12.5 percent to Rs677 billion as against Rs602…
Confusion prevails after IHC judgment against Judicial Member Tribunals
KARACHI: The Income Tax Appellate Tribunal, Karachi has stopped work after the judgment by a single member bench of Islamabad High Court announced on Feb 24, 2016 declaring the appointment…
Tax return filing date extended; WHT on banking transactions raised to 0.4pc
ISLAMABAD: Minister for Finance Ishaq Dar on Monday announced extension of date for the Voluntary Tax Compliance Scheme (VTCS) up to March 15, 2016 to give more opportunities and relief…
MCC Appraisement West recovers Rs10.138 million
KARACHI: MCC Appraisement West has recovered Rs10.138 million, which M/s F.F.K Construction Company short-paid/evaded through misusing the benefits of SRO 567. The importers imported old/used dump trucks under the SRO…
Customs Lahore seize smuggled goods
KARACHI: Customs Lahore has detained a container loaded with foreign origin juices, chocolates and polyester worth Rs10 million approximately. The container No.E5604 was detained at Shahdara. It was going to…
MCC Appraisement West re-distributes assignments
KARACHI: MCC Appraisement West has notified re-distribution of assignments amongst the additional collectors. Ms. Zeba Bashir Ahmed, Additional Collector-I would look after Establishment, Administration, Budget Accounts, Treasury, Revenue Analysis, Statistics,…
SHC remands suit against Valuation Ruling for Kraft Liner Board
KARACHI: Justice Junaid Ghaffar of High Court of Sindh (SHC) on Monday disposed of a suit filed by Nishat Paper Products against Valuation Ruling 721/2015 remanding the controversy to the…
SHC issues notice in SCRA filed by Customs against alloy importer
KARACHI: An appellate bench of High Court of Sindh comprising Justice Munib Akhtar and Justice Sadiq Hussain Bhatti on Monday issued notice to the defendant/respondent Muhammad Imroz in a Special…