Show Cause Notice against Coca Cola set aside
KARACHI: The Customs Appellate Tribunal has set aside the order in appeal of Collector (Appeals) that established the charge against Coca Cola Beverages Ltd for unlawfully obtaining benefit of SRO…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Customs Appellate Tribunal has set aside the order in appeal of Collector (Appeals) that established the charge against Coca Cola Beverages Ltd for unlawfully obtaining benefit of SRO…
KARACHI: The Federal Board of Revenue (FBR) has notified that the income of Joint Ventures (JVs)/Association of Persons (AoP) in which one partner is a non-resident company, is neither exempt…
KARACHI: The disparity between the revenues of telecom companies particularly the cellular service providers and deposit of withholding tax has compelled the Federal Board of Revenue (FBR) to consider assessment…
KARACHI: The Supreme Court of Pakistan has admitted Additional Commissioner Inland Revenue (IRS) as the competent authority to issue notice a taxpayer under section 122(5A) of the Income Tax Ordinance…
The tax authorities have exerted further pressure on media to keep their voices shut against the proposed tax amnesty scheme, and threatened to make public portfolios of people who whitened…
KARACHI: The Federal Board of Revenue (FBR) has notified transfers and postings in Inland Revenue Services (IRS) with immediate effect. According to details, Dr. Aftab Imam (IRS/BS-19) Additional Commissioner Regional…
KARACHI: The tax authorities have adopted a zero-tolerance policy for launching the proposed tax amnesty scheme that even the media has been shushed through, what one might say, unethical move.…
KARACHI: Chairman Federal Board of Revenue (FBR) has linked officials’ promotions and other fringe benefits with meeting the ambitious revenue target and asked them to go all out to increase…
KARACHI: The Federal Board of Revenue (FBR) has authorized Chief Controller, Computer Wing, Income Tax Department to allow genuine corrections on challans’ data as well as collection automation programme data…
KARACHI: The Federal Board of Revenue (FBR) has allowed extension in time limitation for issuance of ‘credit notes’ by companies manufacturing food items in terms of section 9 of the…
KARACHI: The Federal Board of Revenue (FBR) has negated the government drive of austerity measures in government departments as officials of revenue collecting machinery have consumed 86 percent of allocated…
KARACHI: At least four officers of Customs and Inland Revenue groups have been promoted to Grade-22 on approval of Prime Minister. Sources said that the Prime Minister of Pakistan approved…