Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Federal Board of Revenue (FBR) has informed its officials that the Netherlands government will no more accept online fellowship program. The FBR said that Dutch Embassy had informed…
KARACHI: Karachi Tax Bar Association (KTBA) has sent suggestions and proposals for income tax returns 2014 that is uploaded on web portal of the Federal Board of Revenue (FBR). The…
ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date for filing income tax return and statement for the tax year 2014 by one month considering ongoing political confrontation…
KARACHI: The Federal Board of Revenue (FBR) has said that under sales tax laws all wholesalers and dealers prescribed as withholding agents are liable to get sales tax registration. In…
KARACHI: The Federal Board of Revenue (FBR) has extended the last date for one week for payment of sales tax and federal excise duty and filing of sales tax/federal excise…
KARACHI: A two-member team of Federal Board of Revenue (FBR) is visiting Switzerland on August 25 to discuss money transferred by Pakistani individuals and corporate entities to Swiss banks, sources…
KARACHI: The Federal Board of Revenue (FBR) has made mandatory for the airlines to deposit the collected advance tax within seven days from the date when the tax from person…
KARACHI: The Federal Board of Revenue (FBR) has notified large scale transfers and postings of Grade-20 officers in Pakistan Customs Service. According to details, Junaid Akram has been posted as…
KARACHI: Karachi Tax Bar Association (KTBA) has praised the Federal Board of Revenue (FBR) for achieving unrealistic target for the fiscal year 2013/2014 and for issuing early the draft income…
KARACHI: The Federal Board of Revenue (FBR) is bound to provide revenue data collected by customs and Inland Revenue separately to International Monetary Fund (IMF) within seven days of each…
KARACHI: The Federal Board of Revenue (FBR) on Thursday amended the Sales Tax Special Procedure Rules, 2007 to impose sales tax on retailers as announced in the federal budget 2014/2015.…
KARACHI: The Investigation Committee, formed by the Federal Board of Revenue on the recommendations of Federal Tax Ombudsman (FTO) to investigate clearance of older vehicles misusing the interpretation-of the provisions…
ISLAMABAD: Finance Minister Ishaq Dar in his budget speech to announce formation of a commission to deliberate single stage sales tax rate and to revert the field formation of Federal…
KARACHI: The Federal Board of Revenue (FBR) has imposed restrictions on information system usage during Federal Budget 2014-15. Internet service will remain unavailable in FBR (HQ) till conclusion of budget…
ISLAMABAD: The Federal Board of Revenue (FBR) on Monday imposed penalty on officers of Inland Revenue and Pakistan Customs for not filing income tax returns for the tax year 2013…
ISLAMABAD: The Federal Board of Revenue (FBR) has announced that due to extensive exercise of budget 2014/2015 and revenue collection, all the field offices would remain open on all Saturdays…
KARACHI: The Directorate General of Intelligence and Investigation, Karachi has arrested an official of leading mobile phone company – Q-Mobile – on Wednesday and raids were carried for arrest of…
KARACH: Federal Board of Revenue (FBR) has received nomination of officers from different collectorates against the five posts at World Customs Organization Secretariat (WCO). The posts at the WCO are…
ISLAMABAD: Tax experts have proposed setting up an independent body for monitoring the working of Federal Board of Revenue (FBR) to check corruption and ensure transparency. The experts said that…
KARACHI: The Directorate General of Customs Valuation has issued guidelines for conducting market survey pertaining to determination of valuation rulings and has defined the responsibilities of directors and assistant directors.…