Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Federal Board of Revenue (FBR) has discontinued ‘performance allowance’ of hundreds of Customs and Inland Revenue officers of BS-16 as these officials had not submitted the Declaration of…
KARACHI: The Ministry of Defense, on the proposal of US ODRP, has recommended amendments in Customs General Order (CGO)-10 in a bid to protect their patsy. The prime objective of…
KARACHI: The Federal Board of Revenue (FBR) is considering to equip Chief Collectors of Appraisement and Enforcement with ‘eyes’ i.e. centralized intelligence wings directly reporting to the Chief Collectors, which…
KARACHI: Federal Board of Revenue (FBR) has notified promotion of 09 BS-18 officers of Pakistan Customs Service (PCS) into BS-19 on regular basis. These officers include Muneeza Majeed, Asdaq Afzal…
KARACHI: The Federal Board of Revenue (FBR) has notified that imports of second-hand/used clothing of all origins will pass through WeBOC red channel. However, in order to avoid choking of…
KARACHI: The Federal Board of Revenue (FBR) has suspended three BS-16 officers of MCC Islamabad for three months. In exercise of powers conferred under Rule 5(1) of the Government Servants…
KARACHI: The Federal Board of Revenue (FBR) has notified large scale reshuffling of officers ranging from BS-19 to BS-21 in the Inland Revenue Service (IRS). The officers transferred and posted…
KARACHI: In order to encourage officers joining the mandatory management courses, the Federal Board of Revenue (FBR) has adopted this policy to transfer officers who avoided the management courses. An…
KARACHI: Secretary Aviation Shujaat Azeem has contacted Chairman Federal Board of Revenue (FBR) for de-blocking of NTN of M/s PIA so that the imports by national flag carrier could be…
KARACHI: The Federal Board of Revenue (FBR) has notified transfers and postings of BS-21 and BS-20 officers of Inland Revenue Service (IRS). The BS-21 officers moved include Dr. Ikram Ghani…
KARACHI: The Federal Board of Revenue (FBR) has notified large scale re-shuffling in Pakistan Customs Service; a number of BS-19 and BS-20 officers have been transferred to different positions. According…
KARACHI: Large scale transfers and postings in Pakistan Customs Service (PCS) have been finalized and are likely to be notified today, reliable sources told Customnews.pk. According to details, a mega…
KARACHI: The Federal Board of Revenue (FBR) has made it mandatory for all individuals withdrawing taxable salary to file their income tax returns electronically from tax year 2015 onwards. According…
KARACHI: The Federal Board of Revenue (FBR) and business leaders have agreed on devising a simplified performa for the new taxpayers. Through the Finance Act 2015, a new section 236P…
KARACHI: A high level meeting of the representatives of textile industry was held in FBR (HQs) to discuss issues relating to viability of textile sector and issues of textile industry…
KARACHI: The government is having consultation with all leading chambers and trade bodies to take their input and suggestions for resolving the issues concerning withholding tax (WHT) on bank instruments…
KARACHI: Finally, the Federal Board of Revenue (FBR) has formed a committee to ascertain the extent of involvement of Customs officers in wheat import scam, wherein shipping agent and importer…
KARACHI: Chairman Federal Board of Revenue (FBR) Tariq Bajwa has left for Dubai on Friday to attend the meeting with IMF, Member Customs Nisar Mohammad Khan is already in Dubai…
KARACHI: The Federal Board of Revenue (FBR) has notified revised rates of withholding tax for Section 231B of the Income Tax Ordinance, 2001 effective July 01, 2015. Advance tax on…
KARACHI: The Federal Board of Revenue (FBR) has suspended an official of Pakistan Customs for three months on charges of inefficiency. According to a notification, the FBR said that the…