Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Businessmen Panel Progressive (BMPP) Secretary General and former Vice President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Khurram Ejaz, has expressed serious concern over the…
KARACHI: A storm of confusion has erupted among Pakistan’s traders as the Federal Board of Revenue (FBR) fumbles the rollout of a controversial new tax regulation, leaving businesses scrambling to…
KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muhammad Jawed Bilwani has strongly urged Prime Minister Muhammad Shehbaz Sharif to take immediate notice of the ongoing technical failures in…
PCDMA Chairman Urges FBR to Conduct Awareness Sessions on SRO 55(i)/2025: KARACHI: The new conditions introduced by the Federal Board of Revenue (FBR) through SRO 55(i)/2025, which require the filing…
Karachi: In recent developments, three key Directors have been tasked with overseeing cases fixed before the Supreme Court. They are required to coordinate with relevant field formations to ensure that…
KARACHI: President SITE Association of Industry Muhammad Kamran Arbi, Chief Coordinator Saleem Parekh, Senior Vice President Hanif Tawakkal, Vice President Farhan Ashrafi along with the entire Executive Committee, have demanded…
KARACHI: With help of newly introduced Highly-Sophisticated Digitalization Initiatives/IT Systems introduced by Prime Minister of Pakistan in FBR as per Reforms Agenda, the FBR’s Directorate of Internal Audit-Inland Revenue Karachi…
Karachi: Mr. Atif Ikram Sheikh, President FPCCI and Dr. Gohar Ejaz, former federal commerce minister – who are jointly chairing FBR’s Anomaly Committee 2024 from the business side – called…
KARACHI: The Federal Board of Revenue’s (FBR) Directorate of Law and Prosecution (L&P), established in 2019 to combat tax evasion and streamline litigation processes, remains in a state of paralysis.…
KARACHI: Directorate of Internal Audit-Inland Revenue-Karachi has uncovered a colossal tax fraud amounting to a staggering Rs. 314 billion. The investigation, initiated under the directives of Mr. Bakhtiar Muhammad, Director…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while vociferously slamming the Federal Board of Revenue (FBR) for its discriminatory attitude towards the rest of the…
KARACHI: Members of a delegation from Automotive Traders & Importers Association (ATIA) led by President ATIA Ch. Amir Ali Khan expressed deep concerns over Excise & Taxation (E&T) Department’s unjust…
KARACHI: The Federal Tax Ombudsman (FTO) in pursuance of Own Motion (OM) investigation initiated while exercising powers conferred under Section 9(1) of the Federal Tax Ombudsman Ordinance, 2000 (FTO Ordinance),…
Karachi (PR): Mian Nasser Hyatt Maggo President FPCCI thanked Dr. Muhammad Ashfaq Ahmad Member Inland Revenue (Operations) and his team including Dr. Afta Imam, Chief Corporate Tax Office, Hameed Memon…
KARACHI: Member Inland Revenue – Operations, Federal Board of Revenue (FBR) Dr. Muhammad Ashfaq Ahmad has said that for the next budget, FBR’s priority is to cut the cost of…
KARACHI: A customs appellate bench of High Court of Sindh restrained the custom officials from taking any coercive action against petitioner company Home Services without proper adjudication and affording an…
KARACHI: A large scale transfers and postings of BS-21 and BS-20 officers of Federal Board of Revenue (FBR) are likely to be notified today (Friday). Sources said that the new…
KARACHI: The Ministry of Finance through Federal Board of Revenue (FBR) spends millions of rupee for improving tax recovery system and appoints commissioners, assistant commissioners and tax specialist lawyers, but…
KARACHI: Customs Enforcement South headed by Chief Collector Mohammad Zahid Khokhar has been quite instrumental against the FBR’s anti-smuggling campaign, which is reflected in the revenue collection surpassing all targets.…
KARACHI: The anti-smuggling campaign recently launched by Pakistan Customs suffers a set back after officials are threatened and attacked, while the authorities seem helpless against the smugglers and criminals. In…