IRS officers of BS-21, BS-20 reshuffled
KARACHI: Federal Board of Revenue (FBR) has notified transfers and postings of BS-21 and BS-20 officers of Inland Revenue Service (IRS). IRS officers of BS-21 transferred include Hafiz Muhammad Ali…
Date extended
KARACHI: The Federal Board of Revenue (FBR) has notified 7-day extension in the date of filing withholding tax (WHT) statements for the tax year 2016 till July 22, 2016. “FBR…
FBR extends deadline
KARACHI: The Federal Board of Revenue (FBR) has notified extension in the date for submission of sales tax returns and federal excise returns for the tax period of June 2016.…
FBR reshuffles cost accountants
KARACHI: The Federal Board of Revenue (FBR) has notified transfers and postings of Cost Accountants (BS-19-20). Nawab Khan (Cost Accountant/BS-20) is moved from the office of Chief, (Pension Cell) Federal…
Government rationalizes additional customs duty
KARACHI: The government of Pakistan has imposed 1.0 percent additional customs duty on import of various products. SRO 476(I)/2016 has notified amendments in SRO 1178(I)/2015. Accordingly, exemption from additional customs…
Exemption allowed to growers of agricultural produce
KARACHI: The Federal Board of Revenue (FBR) has notified special exemption allowed to growers of agricultural produce. Representatives of flour mills and trade bodies have raised the issue of income…
FBR timings in Ramadan
KARACHI: The Federal Board of Revenue (FBR) has notified the office timings for all the formations of Inland Revenue Service (IRS) and Customs during Ramadan. Working hours on 5-day a…
FBR to observe extended working hours
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…
Regulatory duty increased by 15pc on import of furniture
KARACHI: The Revenue Division has notified 15 percent increase in the regulatory duty imposed on import of furniture, iron and steel finished products along with 10 percent duty on aluminum…
MCC Appraisement West re-distributes assignments
KARACHI: MCC Appraisement West has notified re-distribution of assignments amongst the additional collectors. Ms. Zeba Bashir Ahmed, Additional Collector-I would look after Establishment, Administration, Budget Accounts, Treasury, Revenue Analysis, Statistics,…
Pakistan, Czech Republic implement avoidance of double taxation convention
KARACHI: Pakistan and Czech Republic have implemented the convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and to promote…
Establishment Division approves additional nominations for 19th SMC
KARACHI: The Establishment Division has notified additional nominations of BS-19 or equivalent officers for 19th senior management course (SMC) from February 15, 2016 to July 01, 2016. The Inland Revenue…
FBR reshuffles senior Inland Revenue officers
KARACHI: The Federal Board of Revenue (FBR) has notified transfers and postings of 23 senior officers (BS-19-20) of Inland Revenue Service (IRS) with immediate effect and until further orders. The…
Appraisement officers protest against colleague’s suspension
KARACHI: The Customs House Appraisement Association has resorted to strike and all online clearance has stopped. Appraisement staff is protesting against the Chief Collector, Collector Appraisement West and the Federal…