Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Financial Monitoring Unit (FMU) of the State Bank of Pakistan has forwarded the case of Amin Mohammad Lakhani and Anika Amin Lakhani to Inland Revenue Intelligence & Investigation…
KARACHI: A division bench of High Court of Sindh (SHC) on Tuesday allowing a petition filed by Balaji Enterprises represented by Ms Dil Khurram Shaheen advocate ordered restoration of Sales…
KARACHI: Pakistan government is considering revamping and restructuring its revenue collection body Federal Board of Revenue (FBR), wherein some of FBR powers will be devolved to other ministries in the…
KARACHI: The Federal Board of Revenue (FBR) should devise a policy regarding transfers and postings of officials and officers across the board to promote circulation of work and discourage corruption.…
KARACHI: The government is planning to segregate Sales Tax from the Inland Revenue forming a new group, sources said. The decision in this regard is expected in the coming week.…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Abdul Rasool Memon and Justice Agha Faisal on Thursday ordered Commissioner Appeal, Income Tax Department to decide an…
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Agha Faisal restrained Chief Commissioner, Inland Revenue from recovery of rupees 50,903,958 (Salex…
KARACHI: Commissioner Regional Tax Office-III, Karachi has taken notice of misuse of SRO 1125(I)/2011 by fake importers and manufacturers. The investigation and prosecution branch of RTO-III is conducting investigation against…
KARACHI: An appellate bench of High Court of Sindh headed by Justice Aqeel Ahmed Abbasi will hear a constitution petition challenging vires of Section 58, sub section B and T,…
KARACHI: The Federal Board of Revenue (FBR) has deprived chief commissioners, chief collectors and director generals of the power to transfer and post officers and officials of any grade. According…
KARACHI: The Federal Board of Revenue (FBR) has notified promotion of 37 Inspectors Inland Revenue and Assistant Private Secretaries of BS-16 as Inland Revenue Officers in BS-16.
KARACHI: The Federal Board of Revenue (FBR) has notified that Inland Revenue Audit Officers have been upgraded to BS-18 from earlier BS-16. The Finance Division had agreed to up-grade the…
KARACHI: The Federal Board of Revenue (FBR) has notified Inland Revenue Welfare Funds Rules, 2016, which will apply to central inland revenue fund maintained at FBR headquarters and regional inland…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Maalik Gaddi disposed of a Special Tax Reference Application filed by Interflow…
KARACHI: Member Judicial Appellate Tribunal Inland Revenue Muhammad Jawaid Zakarya has stayed the recovery of tax amount and granted a 30-day relief to M/s Awan Trading Co. Pvt Ltd, a…
KARACHI: The Federal Board of Revenue (FBR) has advised all the formations of Pakistan Customs and Inland Revenue to work out the budget estimates for the ‘Allowance A01220-Fixed FBR Incentive’…
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi on Tuesday restrained the Inland Revenue (IR) department from harassing…
KARACHI: Inland Revenue Appellate Tribunal Muhammad Javed Zakarya has set aside the order of DC Inland Revenue who had rejected 25 percent of the claim of purchases in the trading…
KARACHI: Inland Revenue Appellate Tribunal comprising Muhammad Javed Zakarya has set aside the penalties imposed on M/s Resilience Xpert Pvt Ltd by Commissioner Inland Revenue for non-filing of withholding tax…
KARACHI: The Federal Board of Revenue (FBR) has notified that all field offices of Customs and Inland Revenue will remain open and observe extended working hours i.e. 09:00 am to…