Pakistan Customs, Shipping & Business News Resource
KARACHI: In order to facilitate the taxpayers, the Federal Tax Ombudsman Secretariat has set up a Facilitation Desk of the FTO in its premises, which was formally inaugurated by Tax…
KARACHI: Federal Tax Ombudsman (FTO) Asif Mehmood Jah has appreciated the services of Rashid Habib Khan, collector Quetta, in implementing directions of FTO in complaints filed by the taxpayers. “The…
KARACHI: Federal Tax Ombudsman, Dr. Asif Mehmood Jah has appointed President Rawalpindi Women Chamber of Commerce & Industry Ms.Uzma Shahid Butt as honorary Business Coordinator on 29th of July 2022.…
KARACHI: Federal Tax Ombudsman comes to the rescue of the Taxpayers in complaints against FBR seeking sanction of refunds, Physical Verification, Review of Assessment Order, Transfer Of Jurisdiction and Development…
KARACHI: Twenty four Complaints were filed against FBR Islamabad and Pak Suzuki Motor Company Limited, in terms of Section 10(1) of the Federal Tax Ombudsman Ordinance, 2000 (FTO Ordinance) for…
KARACHI: M/s. Roofline (Pvt.) Limited being manufacturers of Bituminous for the past seven years had been facing difficulty in issuance of exemption certificate U/s 148 of Income Tax Ordinance 2001,…
KARACHI: Federal Board of Revenue (FBR) has rescinded all circulars and instructions previously issued on the matter of foreign remittances exemption. In Pakistan taxation or non-taxation of foreign remittances has…
Only 4 to 5pc cases to be sent for audit by third-party, Finance Minister: KARACHI: Federal Minister for Finance and Revenue Shaukat Tarin has announced that with effect from July…
KTBA-221 – 28-12-2020 – Taxpayer’s Profile – Us-114A – Member-IR Operations_ FI
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra has requested the government to extend the last date for filing Income Tax returns up to January 31,…
KARACHI: Large Taxpayers Unit (LTU), Karachi (the prime field formation of Federal Board of Revenue) has been successful to record half yearly growth at 15%. LTU Karachi has collected Rs.688…
KARACHI: The government through Finance Bill 2019 has proposed a business licensing scheme with a view to detect future taxpayers. Through the proposed Section 181D in Customs Act, 1969, Finance…
KARACHI: The revenues of Pakistan Customs shrank after the government linked import of used cars with payment of duty/tax with foreign exchange, which resulted in delayed issue of Customs rebate…
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: President Karachi Chamber of Commerce & Industry (KCCI) Junaid Esmail Makda has stressed that keeping in view the complications in the revised form this year, the previous form should…
ISLAMABAD: A full bench of Supreme Court of Pakistan dismissed appeals filed by Lahore based Husnain Cotex Limited, Ghulam Rasool and Co. Pvt Ltd and Sarwar & Company (Pvt) Ltd…
KARACHI: Federal Tax Ombudsman (FTO) Abdul Rauf Chaudhry has said that the number of FTO offices has successfully been raised to nine by setting up four more offices in numerous…
KARACHI: Taxpayers are facing severe in respect of the Tax Year 2017 i.e year ending June 30, 2017. Karachi Tax Bar Association in a letter to chief commissioners of Regional…
KARACHI: The Karachi Tax Bar Association (KTBA) has approached the Federal Board of Revenue (FBR) to extend the due date of filing monthly withholding tax statements for the months of…
KARACHI: A larger bench of Appellate Tribunal Inland Revenue Karachi has barred the tax officers from forwarding unlimited enquiries to the taxpayers under section 122(5A) of the Income Tax Ordinance,…