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DTOs lone solution to double or triple tune of revenue collection

PAR Aug 6, 2018 0

In the wake of emerging challenges on the economic and financial horizons, the Federal Board of Revenue (FBR) can only meet the future requirements of...

13 more FIRs soon against Khurram Aziz, Haleem Siddiqui of PICT & Marine Group, Evergreen, Greenpak, KMTC, United Marine

PAR Aug 3, 2018 0

KARACHI: A few shipping lines, their agents with connivance of PICT are blackmailing importers to get additional demurrage and detention charges. Th...

FBR collects Rs247b against assigned target of Rs224.2b during July

PAR Aug 2, 2018 0

ISLAMABAD: Federal Board of Revenue (FBR) collected Rs247 billions of tax revenue during the first month (July) of current fiscal year 2018-19 against...

Rs15b scam of Evergreen, Greenpak, KMTC, United Marine, PICT unearthed, FIR soon

PAR Aug 1, 2018 0

KARACHI: Some of the shipping lines in connivance and conspiracy with PICT Ltd. and also some senior Customs officials are robbing the businessmen of...

FBR rebuts news report regarding payment of tax under tax amnesty

PAR Jul 18, 2018 0

ISLAMABAD: Federal Board of Revenue (FBR) Tuesday strongly rebutted a news report published in a section of the national press regarding payment of ta...

700 gm heroin seized near Indo-Pak border, farmer held

PAR Jul 16, 2018 0

A farmer was nabbed by BSF personnel along the India-Pakistan border fencing in Punjab's Ferozepur district after 700 gram of heroin seized from h...

SHC dismisses urgent petition filed by M/s Dawn Leather

PAR Jul 9, 2018 0

The Sindh High Court (SHC) has dismissed urgent hearing petition filed by filed by M/s Dawn Leather Industries against detention of three consignments...

Customs Court grants bail to suspects involved in betel nuts smuggling case

PAR Jul 9, 2018 0

The Customs Court granted bail to suspects namely Ihsan Ullah son of Muhammad Ullah and Abdul Rahman son of Abdul Baqi against the surety of Rs100,000...

Appraisement West collects Rs32,924m in June

PAR Jul 3, 2018 0

KARACHI: The Customs Collectorate of Appraisement West generated Rs32,924 million during the last month of June 2018. According to details, Apprais...

Tax evasion: Customs Court seeks comments on acquittal petition

PAR Jul 3, 2018 0

KARACHI: The Customs Court directed counsel for the Customs department to submit comments on petition under section 265K for acquittal filed by susp...

FBR faces revenue shortfall due to exemptions granted to Chinese companies

PAR Jul 3, 2018 0

ISLAMABAD: Federal Board of Revenue (FBR) faced revenue shortfall due to 100% tax exemption on shipping services to Chinese companies, it is learnt...

Islamabad Dry Port earns Rs317m CD in June

PAR Jul 3, 2018 0

ISLAMABAD: The Islamabad Dry Port (IDP) earned Rs317 million under the head of customs duty during the month of June 2017-18. IDP was assigned Rs58...

slamabad Customs will surpass assigned revenue collection target: Additional Collector Ashfaq

PAR Jun 26, 2018 0

SLAMABAD: The Customs Collectorate is showing exemplary performance and is all set to make a record collection during current Fiscal Year 2017-18. Wh...

Karachi University moves SHC against over Rs34m tax recovery notice

PAR Jun 13, 2018 0

KARACHI: Sindh High Court (SHC) directed officials of the Federal Board of Revenue (FBR) to file their comments on a constitutional petition filed b...

Govt announces tax exemption to Pakistan Mortgage Refinance Company for five years

PAR May 31, 2018 0

Federal government has provided income tax and capital gain tax exemption to Pakistan Mortgage Refinance Company (PMRC) for five years, with effect fr...