Pakistan Customs, Tax, Shipping & Business News Resource
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has apprised that Mr. Rashid Mahmood Langrial, Chairman of the Federal Board of Revenue (FBR), has agreed, in an exclusive, candid and detailed…
Pakistan’s tax return filers can soon enjoy government incentives for active taxpayers, as the Federal Board of Revenue (FBR) will publish the new Active Taxpayer List (ATL) on November 1,…
KARACHI: The Federal Board of Revenue (FBR) has announced new assignments for several Inland Revenue Service (IRS) officers, effective from various dates in October 2024. These changes are part of…
KARACHI: The second meeting of the Board was held on Tuesday, October 8, 2024, at the Federal Board of Revenue (FBR) headquarters in Islamabad. The meeting, presided over by Chairman…
KARACHI: In a move aimed at streamlining and centralizing operations, the Federal Board of Revenue (FBR) has issued SRO 1637(I)/2024, which redefines the structure and jurisdictions of Customs departments in…
In a surprising turn of events, the Federal Board of Revenue (FBR) has directed all Customs and Inland Revenue Service (IRS) field formations to immediately stop the recruitment process for…
KARACHI: Finance Minister Muhammad Aurangzeb has revealed that total revenue leakage and evasion in Pakistan amounts to approximately PKR 7 trillion, with half of this figure attributed to sales tax…
ISLAMABAD: The Establishment Division has announced that the Central Selection Board (CSB) will soon convene to consider promotions within the Inland Revenue Service (IRS) and Pakistan Customs Service (PCS). The…
As the Federal Board of Revenue (FBR) implements its ambitious Transformation Plan, several newly established field formations in various regions, including the Sargodha Collectorate, D.I. Khan Collectorate, Karachi Ports Collectorate,…
Islamabad: In a significant move aimed at enhancing efficiency and streamlining operations, the Federal Board of Revenue (FBR) has announced a series of re-designations, mergers, and changes in reporting lines…
KARACHI: The Federal Bureau of Revenue (FBR) has extended the deadline for submitting tax returns for the financial year 2024 to October 14, a 14-day extension. This extension is in…
KARACHI: President SITE Association of Industry Muhammad Kamran Arbi, Chief Coordinator Saleem Parekh, Senior Vice President Hanif Tawakkal, Vice President Farhan Ashrafi along with the entire Executive Committee, have demanded…
KARACHI: The United Business Group (UBG) has appealed to the Federal Board of Revenue (FBR) to extend the income tax return filing deadline by one month and simplify the process…
KARACHI: The Federal Board of Revenue (FBR) has announced transfers and postings of senior Pakistan Customs Service (PCS) officers with immediate effect. Dr. Tahir Qureshi (Pakistan Customs Service/BS-20) is transferred…
KARACHI: In a move towards enhancing efficiency and transparency, the Federal Board of Revenue (FBR) has established multiple committees within Inland Revenue and Pakistan Customs to spearhead reforms. These committees…
KARACHI: FBR has notified transfers and postings of PCS officers of BS-20 and BS-19. Mr. Masood Ahmed (Pakistan Customs Service/BS-20) Director I&I Karachi is s assigned the look after charge…
KARACHI: The Federal Board of Revenue (FBR) has announced the appointment of Muhammad Junaid Jalil (BS-21) as Member Customs – Operations. Junaid is known as a very competent and honest…
KARACHI: The federal government has appointed Secretary Power Rashid Mahmood Langrial as the new Chairman Federal Board of Revenue (FBR). Chairman FBR Amjad Zubair Tiwana had sought early retirement. Severe…
KARACHI: Federal Board of Revenue (FBR) Chairman Amjad Zubair Tiwana will continue to serve in his position for 15 more days until his retirement. Tiwana had sought premature retirement, which…
KARACHI: There have been significant developments at Federal Board of Revenue (FBR), wherein certain officers were moved from Admin Pool, SHC has summoned Customs I&I Karachi Officers in contempt proceedings,…