Clarification: Asim Ahmed to continue his term as Chairman FBR
KARACHI: The Federal Board of Revenue has clarified that Chairman Asim Ahmed will continue his term as Chairman FBR. FBR has clarified that Asim Ahmed is not leaving on June…
FBR seeks clarification from Collector Customs Hyderabad
KARACHI: Federal Board of revenue has taken a strong notice of alleged mis-representation of facts while filing a constitution petition CP-D-6198. 2022 (in respect of a consignment of commercial construction…
FTO directs FBR to issue clarification on admissibility or otherwise of income tax on judicial allowance o district judiciary
KARACHI: On a complaint filed by an Additional SessionJudge, FTO has asked FBR to clarify the legal status of withoilding tax on judicial and special judicial allowance admissible to district…
Clarification on Inflation target and forecast
In some sections of the media, SBP’s average inflation forecast of 7-9% in FY22 is being interpreted as the “inflation target” and being compared to the inflation targets of other…
KTBA seeks clarification about acceptability of declarations filed after banking time on July 03
KARACHI: Karachi Tax Bar Association (KTBA) on Thursday sought a clarification from Federal Board of Revenue about the acceptability of the declaration filed under the Asset Declaration Ordinance, 2019. In…
Clarification
The news item appearing in Customsnews.pk regarding disappearance of one bullet proof Land Cruiser Cygnus from Directorate of Intelligence & Investigation, Quetta and under performance of the subject office is…
SHC seeks clarification from petitioner, adjourns Petroleum distillate case till Aug 9
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Muhammad Yousuf Ali Saeed on Wednesday adjourned hearing of a constitution petition and a…
SHC reserves judgment in concession case filed by Ginners, Generator Importers, Pharmaceutical companies
KARACHI: An appellate bench of High Court of Sindh comprising Justice Aqeel Ahmed Abbasi and Justice Nazar Akbar on Friday reserved the judgment in dozens of cases pertaining to concession…
Construction Machinery cases: Hearing adjourned till Aug 02
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Irfan Saadat Khan and Justice Arshad Hussain on Wednesday adjourned hearing of two petitions filed by Haji Ihsanullah…
Faizan Steel case: SHC seeks clarification on difference between declared, assessed values of Steel sheets
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan on Tuesday summoned the details regarding valuation of Hot…
Clarification: M/s Fazal Elahi & Sons-Lahore found involved in fiscal fraud
KARACHI: Apropos to a news story uploaded on Customnews.pk dated November 13, 2015 titled ‘Customs recover Rs70 million from M/s Fazal Elahi & Sons’, it is clarified that due to…
CLARIFICATION: Dismissal of bureaucrats’ promotion; Establishment Division to challenge IHC order
Apropos to the news captioned ’Dismissal of bureaucrats promotion; Establishment Division to challenge IHC order’, it is stated that the order of Islamabad High Court was under-reported. As the complete…