Latest News

Additional Commissioner Intelligence selected as trade officer

PAR May 9, 2015 0

LAHORE: Additional Commissioner Intelligence and Investigation Rizwan Basharat has been selected as trade officer from the Federal Board of Revenue La...

Fraud: Peshawar Customs lodges FIR against Pioneer Cement, custom clearance agent

PAR May 9, 2015 0

PESHAWAR: Customs House Peshawar officials revealed that First Information Report (FIR) has been lodged against staffers of Pakistan Revenue Automatio...

Trade deficit with India plunges in April as compared to March 2015

PAR May 9, 2015 0

LAHORE: Pakistan is importing a number of items from India through Wagha Border and its deficit is increasing gradually. Over the years, trade regula...

Punjab Revenue Authority seals marriage halls, restaurants for tax evasion in Gujranwala division

PAR May 9, 2015 0

SIALKOT: As crackdown on tax defaulters continues, special teams of the Punjab Revenue Authority (PRA) have sealed five more marriage halls and seven...

Shortfall of RS80 million: RTO Gujranwala collects Rs860 million taxes in April

PAR May 9, 2015 0

SIALKOT:  Federal Board of Revenue’s (FBR) Regional Tax office (RTO) Gujranwala has recovered Rs860 million under the heads of different taxes against...

Pakistan Weather Updates As on 8th May 2015

PAR May 9, 2015 0

Synoptic Situation: A shallow trough of westerly wave is affecting eastern boarder of Pakistan and adjoining areas. It is likely to move eastward duri...

PRA seals 7 tax evaders’ catering companies

PAR May 8, 2015 0

LAHORE: Punjab Revenue Authority (PRA) has sealed the businesses of seven catering service providers on not depositing the sales tax on services. PRA...

FBR to introduce ‘informers’ protection law

PAR May 8, 2015 0

ISLAMABAD: Federal Board of Revenue has decided to introduce a law to ensure the security of the informer who will inform the department about any tax...

DG Customs Valuation greeted for getting promotion in BS 21 scale

PAR May 8, 2015 0

LAHORE: Model Customs Collectorate (MCC) Lahore has greeted Director General Customs Valuation Sumaira Nazir for attaining BS 21 scale. The DG visi...

Chief Collector urges action against illegal export of turtle meat

PAR May 8, 2015 0

KARACHI: Chief Collector-Enforcement (South) Muhammad Nazim Saleem has asked the Collector-MCC Exports to take effective action against illegal export...

Budget 2015-16: FBR asked to revisit FTR

PAR May 8, 2015 0

The Tax Reform Commission (TRC) has recommended to the Federal Board of Revenue (FBR) to revisit the current scheme of Final Taxation Regime (FTR) and...

FED on beverages may be increased in budget

PAR May 8, 2015 0

The government is likely to increase federal excise duty (FED) on beverages from 6 to 9 percent in the upcoming budget (2015-16) without creating any...

ACADEMIA EMPHASIZES HIGHER ALLOCATION OF FUNDS FOR SOCIAL SECTOR

PAR May 8, 2015 0

Islamabad—A Pre-Budget Seminar on State of the “Economy and Federal Budget 2015-16 was held by Centre for Policy Studies, CIIT. Rana Muhammad Afzal Kh...

IPR suggests govt to switch gears for economy’s revival

PAR May 8, 2015 0

The Institute for Policy Reforms (IPR) has urged government to switch from a policy of stabilisation to revival of the economy in order to ease diffic...

Pakistan Weather Updates As on 7th May 2015

PAR May 8, 2015 0

Synoptic Situation: A shallow trough of westerly wave is affecting along the western border of the country and expected to move eastward in next 24h....