Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Supreme Court of Pakistan has admitted Additional Commissioner Inland Revenue (IRS) as the competent authority to issue notice a taxpayer under section 122(5A) of the Income Tax Ordinance…
KARACHI: On the intimation of the US, the government has directed Pakistan Customs to tighten up the vigilance to prevent the entry of anti-Islam movie into Pakistan’s soil. The US…
The tax authorities have exerted further pressure on media to keep their voices shut against the proposed tax amnesty scheme, and threatened to make public portfolios of people who whitened…
KARACHI: The Federal Board of Revenue (FBR) has notified transfers and postings in Inland Revenue Services (IRS) with immediate effect. According to details, Dr. Aftab Imam (IRS/BS-19) Additional Commissioner Regional…
KARACHI: The Federal Board of Revenue (FBR) has notified transfers and postings of eight senior officials in Pakistan Customs Services with immediate effect. According to details, Amer Rashid Sheikh )PCS/BS-19)…
KARACHI: The tax authorities have adopted a zero-tolerance policy for launching the proposed tax amnesty scheme that even the media has been shushed through, what one might say, unethical move.…
KARACHI: Chairman Federal Board of Revenue (FBR) has linked officials’ promotions and other fringe benefits with meeting the ambitious revenue target and asked them to go all out to increase…
KARACHI: The Federal Board of Revenue (FBR) through amendments in Customs Rules 2001, has made it mandatory for the transport operator that the operator after taking delivery of goods from…
KARACHI: The Federal Board of Revenue (FBR) has authorized Chief Controller, Computer Wing, Income Tax Department to allow genuine corrections on challans’ data as well as collection automation programme data…
KARACHI: The Federal Board of Revenue (FBR) has allowed extension in time limitation for issuance of ‘credit notes’ by companies manufacturing food items in terms of section 9 of the…
KARACHI: The Federal Board of Revenue (FBR) has negated the government drive of austerity measures in government departments as officials of revenue collecting machinery have consumed 86 percent of allocated…
KARACHI: At least four officers of Customs and Inland Revenue groups have been promoted to Grade-22 on approval of Prime Minister. Sources said that the Prime Minister of Pakistan approved…
KARACHI: The customs authorities have identified habitual evaders who incurred huge losses to exchequer through misdeclaration on chemical imports. An FIR has been lodged against the importer Zeeshan Trading Company…
KARACHI: Model Customs Collectorate (MCC) PaCCS has resented the order passed by the Federal Tax Ombudsman (FTO) in a stolen and subsequently encashed of a financial instrument saying the department…
KARACHI: Customs officials are stunned over a decision of collector appeals by declaring ‘misunderstanding’ in a number of cases where officials detected unscrupulous persons removing the goods illegally and without…
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KARACHI: The contractors for supplying food and general goods to NATO forces in Afghanistan are allegedly disposing of the expired goods inside Pakistan, which was disallowed by the government after…
KARACHI: Model Customs Collectorate of PaCCS has issued recovery notices amounting about Rs350 million to tiles importers, who defrauded the government functionaries by presenting bogus financial instruments. The collectorate has…
KARACHI:  Pakistan Customs has issued new valuation ruling for determination of duty on import of toilet soaps and goods declaration filed under automated electronic system. The authorities issued Valuation…
KARACHI: About 30 officers and staff members of Model Customs Collectorate of Appraisement will attain age of superannuation during year 2013 and will stand retired. The name, designation and date…