SHC seeks comments from Special Judge Customs within a week
KARACHI: Sindh High Court (SHC) issued a letter to Mr Sohail Jabbar Malik, Special Judge, Customs, Taxation & Anti-Smuggling, Court I, Karachi seeking his comments in a complaint made by…
FPCCI Predicts a Negative Growth Rate in FY23 Irfan Iqbal Sheikh
Karachi (PR): Mr. Irfan Iqbal Sheikh, President FPCCI, has highlighted the glaring anomalies in the fiscal discipline; management of external account and economic growth rate; which are being observed by…
Public private partnership needed for development of tourism industry
KARACHI: “Public private partnership can ensure and cultivate our ever-growing tourism industry to grow expeditiously and help boost the economy by earning foreign exchange and revenues for the government.” These…
FBR prepares draft of special taxation package for builders and developers
KARACHI: The Federal Board of Revenue (FBR) has prepared the draft of Income Tax Special Procedure Rules for Builders and Developers in a bid to provide relief and support to…
FBR notifies taxation on builders/developers rules
KARACHI: The Federal Board of Revenue (FBR) has notified that builders and developers would pay advance tax at the rate of 5.0 percent of the tax liability at the time…
Parliamentarians’ roundtable meeting on taxation
ISLAMABAD: Research and Advocacy for the Advancement of Allied Reforms (RAFTAAR) hosted a parliamentarians’ roundtable meeting in Islamabad. The meeting was attended by political party representatives from various political parties.…
Mastermind of bogus ST refund scam sent to jail
KARACHI: The Federal Special Court of Customs Taxation and Anti-Smuggling has sent a prime suspect of multi-million bogus refund scam Faraz Haroon Memon to jail who was arrested by the…
Meeting at FBR discusses issues of textile industry
KARACHI: A high level meeting of the representatives of textile industry was held in FBR (HQs) to discuss issues relating to viability of textile sector and issues of textile industry…