Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Directorate of Post Clearance Audit (Customs) has prepared two contravention reports creating a cumulative demand of Rs135.589 million, which M/s Karachi International Container Terminal (KICT) evaded by claiming…
KARACHI: Director General I&I Customs and Federal Board of Revenue (FBR) nominated focal person (ASO) Lutfullah Virk would chair an important anti-smuggling meeting at Custom House Karachi today (Thursday). Chief…
KARACHI: A large-scale operation planned by government against corrupt officers of Federal Board of Revenue (FBR) has been re-initiated. This operation including dismissal from service of officers had been postponed,…
KARACHI: The Federal Board of Revenue (FBR) is likely to notify large-scale reshuffling in the Pakistan Customs Service (PCS), which is anticipated to come as a big surprise. Sources said…
KARACHI: A meeting of Chairman Federal Board of Revenue (FBR) with Supreme Court of Pakistan has developed consensus on clubbing and early hearing of cases. The meeting decided that FBR…
KARACHI: The Federal Board of Revenue (FBR) has notified promotions of Grade-17 officers of Inland Revenue Service (IRS) and Ex-cadre (DR&S) in to Grade-18 on Friday. The 39 BS-17 officers…
KARACHI: MCC Port Qasim has issued an Alert to the Customs formations to remain vigilant regarding bilateral trade of agro-commodities through Pak-Afghan border in violation of Pakistan Plant Quarantine Act…
KARACHI: Federal Board of Revenue (FBR) on Wednesday notified transfers/postings of officers of Inland Revenue Service (BS-17-20) with immediate effect and until further orders. Mohammad Qasim Samad Khan (Inland Revenue…
KARACHI: The Federal Board of Revenue (FBR) has announced it will not impose penalty and default surcharge on filing of income tax return and payment for tax year 2014 by…
KARACHI: Tariq Bajwa, Chairman, Federal Board of Revenue (FBR) has been urged to extend the date up to December 31, 2014 for filing of income tax returns as submitting forms…
KARACHI: The Federal Board of Revenue (FBR) has decided to establish Integrity & Performance Management Unit (IPMU) at HR Wing, FBR HQs, to introduce and maintain a system of accountability…
KARACHI: Zakaria Usman, President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and ECO CCI on Monday said the government can earn more revenue from income tax on rentals…
KARACHI: Abdullah Zaki, president, Karachi Chamber of Commerce and Industry (KCCI) has urged the Federal Board of Revenue (FBR) to simplify the income tax return. In a statement issued Monday,…
ISLAMABAD: In order to get support of business community during difficult political scenario, the government accepted the demand of trade bodies and formed a tax reform commission to resolve tax…
KARACHI: Tanvir Ahmed Sufi, Chairman, Pakistan Soap Manufacturers Association (PSMA) has said that the Federal Board of Revenue (FBR) should not be allowed to devise economic policies. “It (FBR) should…
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday urged the Federal Board of Revenue (FBR) to extend the last date for filing of income tax return…
KARACHI: Chairman Federal Board of Revenue (FBR) has expressed dismay over the attitude of senior officers of Inland Revenue (IR) and directed that the senior officers in the field should…
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…