Income Support Levy withdrawn on anger of rich
KARACHI: The tall claims of the government of pro-poor budget exposed as it witdrew the income support levy on the pressure of rich class of the country as they had…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The tall claims of the government of pro-poor budget exposed as it witdrew the income support levy on the pressure of rich class of the country as they had…
KARACHI: Dr. Muhammad Irshad, Chief Commissioner of Regional Tax Office (RTO-1) Karachi has directed the field formation not to impose penalty without hearing taxpayers. In a letter circulated to the…
KARACHI: The Federal Board of Revenue (FBR) on Thursday issued a list of 822,636 active taxpayers for income tax deduction at source. The FBR issued the details including name, CNIC…
KARACHI: The Directorate General of Customs Valuation has notified the tentative import values of fabrics or ladies shirting and blended fabrics for men’s suiting at the rate of $7.11 per…
KARACHI: Tariq Huda, Collector, Model Customs Collectorate (MCC) Preventive on Wednesday announced on behalf of customs officials to donate one-day salary annually for the deserving students of Institute of Business…
KARACHI: On the request of Karachi Tax Bar Association (KTBA), the Chief Minister of Sindh has extended the date of Taxpayers’ Incentive Package for non-compliant taxpayers who have not paid…
KARACHI: The Customs Preventive has taken fool proof security measures in the surroundings of Customs House Karachi following a report by a sensitive agency that Customs House may be a…
KARACHI: The Federal Board of Revenue (FBR) is going to take help from anti-corruption agencies to strengthen its internal controls for combating corruption. FBR sources said that the FBR had…
KARACHI: The R&D Section of MCC Appraisement East has discovered a massive evasion of revenue by M/s Z.A Pharma through availing undue tax concession by the use of a fake…
KARACHI: Sindh government has reduced the sales tax rate on services rendered in the province to 15 percent from July 01, 2014 with the aim to provide substantial relief to…
KARACHI: The taxpayers are facing serious problems in getting adjustment of input tax related to sales tax paid on provincial services as web portal of the Federal Board of Revenue…
ISLAMABAD: The Federal Board of Revenue (FBR) has warned that the performance allowance of officers would be stopped for at least three months on failure to file their income tax…
KARACHI: The review petition filed by M/s Kinjhar International against Valuation Ruling No. 50/2014 has been rejected as the importers failed to substantiate their claim. In its order, the Director…
KARACHI: The review petition of M/s. Mehran Enterprises filed against Valuation Ruling No. 589 has been rejected on the grounds that the petitioners failed to approach the legal forum within…
KARACHI: A delegation of Karachi Customs Agents Association (KCAA) led by its President Ifikhar Ahmed and General Secretary Faisal Mushtaq visited Gerrys Danata and also met ADC AFU, Tahir Quershi.…
KARACHI: The Director General of the Directorate General of Customs Valuation has rejected a revision petition against Valuation Ruling No. 578/13 by M/s. Bismillah Agencies on the grounds that despite…
KARACHI: The Directorate General of Customs Valuation has advised Director Customs Valuation Karachi that valuation of goods namely ‘printing ink’ decided in the Valuation Ruling No.634/2014 needs to be revisited…
KARACHI: The Directorate General of Customs Valuation has revised the Customs values of ‘Head Phone’ vide Valuation Ruling No.676/2014. The valuation of Head Phone was initially decided vide Valuation Ruling…
KARACHI: Auction for fresh/leftover/rejected lots to be held on June 11, 2014 to onwards at PICT East Wharf by Pakistan Customs, circular said. The following auction-able goods are included: CADU-7031408…
KARACHI: Auction for general cargo will be held on June 24, 2014 at SNK Bond, Karachi by Pakistan customs, notification said on Monday. The following auction-able goods are included: PWL-02/90-PB…