FBR urged to update property rates in Bahawalpur region
KARACHI: The Federal Tax Ombudsman (FTO) has concluded its investigation into the valuation of real estate in Bahawalpur region and has advised the Federal Board of Revenue (FBR) to keep…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Federal Tax Ombudsman (FTO) has concluded its investigation into the valuation of real estate in Bahawalpur region and has advised the Federal Board of Revenue (FBR) to keep…
KARACHI: The Federal Tax Ombudsman (FTO) has concluded an inspection under Section 17 of FTO Ordinance, 2000 and recommended a way for the Federal Board of Revenue (FBR) to recover…
KARACHI: Representations/Appeals filed by Federal Board of Revenue Rejected/Dismissed by Dr. Arif Alvi, Honourable President of Islamic Republic of Pakistan. The President of Islamic Republic of Pakistan has dismissed/rejected 81…
KARACHI: While investigating a complaint, FTO has unearthed a mega scam of billions in the form of fake sales tax supplies in cement sector. Accordingly Tax Ombudsman has directed FBR…
KARACHI: Tax Ombudsman Asif Mehmood Jah has directed FBR to enforce effective monitoring and enforcement mechanism plugging all loopholes in point of sale regime. FTO’s recommendations were made while conducting…
RAWALPINDI: Chief Commissioner Inland Revenue, RTO, Rawalpindi has assured a visiting delegation of Rawalpindi Islamabad Tax Bar Association (RITBA) that honest tax payers would not be harassed while tax evaders…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising JusticeIrfan Sadaat Khan and Justice Arshad Hussain Khan on Monday disposed of a petition filed by Nelson Paints Ltd…
KARACHI: Advisor to Prime Minister on Revenue Affairs Haroon Akhtar Khan presided a meeting of lawyers on panel of Pakistan Customs and reviewed the cases involving huge money. About 22…
KARACHI: International Customs Day was celebrated by the officers and staff of Pakistan Customs throughout the country with zeal and fervor on January 26, 2017. Proceedings started with flag hoisting…
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: A divisional bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi disposed of a Income Tax Reference Application (ITRA) filed by…
KARACHI: The Federal Board of Revenue (FBR) has withdrawn zero-rated sales tax on supply of electricity granted to four export oriented companies. The facility available to Rana Weaving, Mushtaq &…
KARACHI: Chief Commissioner RTO-I Karachi has nominated a Deputy Commissioner as the focal person regarding evacuation of illegal occupants of the FBR’s land in Mauripur of 4,605 acres. Earlier, Omar…
KARACHI: The Federal Board of Revenue (FBR) through amendments in Sales Tax Rules, 2006 has relaxed the procedure of sales tax registration. FBR has relaxed the condition of computerized submission…
KARACHI: Minister of State and Special Assistant to the Prime Minister on Revenue, Haroon Akhtar, has saidon Friday that the government will consider to withdraw penalty notices issued against non-filing…
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Abdul Malik Gaddai on Friday reserved judgment in a case questioning levy of Capital…
KARACHI: As per the directives of Federal Board of Revenue (FBR), the Inland Revenue formations hare carrying on an awareness campaign regarding the Voluntary Tax Compliance Scheme throughout the country.…
KARACHI:-A division bench of High Court of Sindh (SHC) comprising Chief Justice Fasial Arab and Justice Iqbal Kalhoro restrained Collection Unit, Sanghar from recovering Sales Tax from a petitioner Cotton…
KARACHI: The Federal Board of Revenue (FBR) was directed by a division bench of High Court of Sindh (SHC) on Monday to decide the representations made by public (government) sector…
KARACHI: The KSE Brokers Association has demanded penal action against Regional Tax Office (RTO) Zone-1 for demanding illegal duty from tax complaint stocks brokers. Yasin Lakhani, president of the association,…