Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Federal Board of Revenue (FBR) has notified promotions of 56 Inspectors, Intelligence Officers and Assistant Private Secretaries of Customs Department to the post of Superintendent (BS-16) with immediate effect.
KARACHI: The Federal Board of Revenue (FBR) has advised all Chief Collectors that relevant staff from Enforcement may be transferred/posted into Appraisement as the function of monitoring of gates of…
KARACHI: The Federal Board of Revenue (FBR) has notified promotion of 43 Inland Revenue Service (IRS) officers into BS-18 with immediate effect. The promoted IRS officers include: Mr. Azzam-ul-Asad Mazhar…
KARACHI: Karachi Customs Agents Association (KCAA) has urged the authorities including Federal Board of Revenue (FBR) and ministries to take appropriate measures towards the trade facilitation in view of ongoing…
KARACHI: In line with the recommendations of the Prime Ministers Steering Committee on Anti-smuggling, Pakistan Customs being the country’s lead Anti-Smuggling Organization has accordingly stepped up enforcement actions in coordination…
KARACHI: The Federal Board of Revenue (FBR) has advised the taxpayers to update their online registration profile in the light of SRO 1190(I)/2019 to entitle them to claim exclusion from…
KARACHI: The Pakistan Customs Officers Association has asked the Federal Board of Revenue (FBR) high-ups to share the details/document on restructuring of FBR and proposed formation of Pakistan Revenue Authority…
KARACHI: The Federal Board of Revenue (FBR) has barred Inland Revenue officers from meeting taxpayers in their offices. In pursuance of international best practices to facilitate the taxpayers by minimizing…
ISLAMABAD: The Ambassador of China in Pakistan has offered assistance and cooperation of State Taxation Administration of the People’s Republic of China in streamlining affairs at Federal Board of Revenue…
KARACHI: After Implementation of Benami Transactions (Prohibition) Rules, 2019.The Federal Board of Revenue (FBR) has clarified that a Benami property means any property which is subject matter of Benami transaction…
KARACHI: Federal Board of Revenue (FBR) has issued an advice to the State Bank of Pakistan (SBP) for making payment of sales tax refunds amounting to Rs7.236 billion to facilitate…
KARACHI: The Federal Board of Revenue (FBR) on Tuesday has bound the banking companies to report details regarding account holders earning profit on deposits while relieving the banks from the…
KARACHI: Finance Minister Asad Umar has directed Federal Board of Revenue (FBR) to complete the exercise of valuation of property to address the anomaly of difference between fair market value…
KARACHI: The Financial Monitoring Unit (FMU) of the State Bank of Pakistan (SBP) has detected a number of suspicious transactions, and the reports in this regard have been forwarded to…