Tag: income tax

Faisalabad customs release consignments after receiving evaded taxes

PAR Jun 7, 2017 0

FAISALABAD: The Customs Intelligence and Investigation released the consignments worth Rs3.00million after receiving the evaded amount of duty and tax...

PCA detects 36 cases of tax evasion and mis-declaration involving Rs 210.377m during May

par Jun 1, 2017 0

KARACHI: The Directorate of Post Clearance Audit (PCA) has made remarkable performance during the month of May 2017 and detected 36 cases involving re...

Customs Appellate Tribunal, ATIR hear important tax matters during 3rd week of May

par May 22, 2017 0

ISLAMABAD: Customs Appellate Tribunal and Appellate Tribunal Inland Revenue continued the hearing of tax matters involving field offices of the Federa...

Offshore company owners ready to pay evaded tax to national exchequer

par May 12, 2017 0

KARACHI: The Custom (Taxation & Anti-Smuggling) Court was informed that absconding accused named Bashir Dawood and Mariyam Dawood are ready to pay...

Faisalabad appraisement faces shortfall of Rs220m in April

par May 3, 2017 0

FAISALABAD: The Customs Collectorate Appraisement collected Rs775.21million during April 2017 against the set target of Rs995.43million, so the shortf...

Low oil prices, zero rating exports, tax refunds hurdles to achieve target in third quarter: Essam

par Apr 28, 2017 0

LAHORE: Essam Anwar Khokhar is currently posted as Deputy Commissioner Zone-IV, Corporate Regional Tax Office. This zone holds the jurisdiction of Aud...

Customs Court sends suspect to jail on judicial remand in tax evasion case

PAR Apr 20, 2017 0

KARACHI: Customs Taxation and Anti-Smuggling Court Judge Syed Faiz Rasool Rashdi has sent Shah Rukh Easir, proprietor of M/s Easir Traders, to Central...

Internal Audit finds Rs3.8 b worth ‘irregularities’ in MCC Port Qasim

PAR Apr 17, 2017 0

KARACHI: The Customs Internal Audit has unearthed several irregularities in the affairs of Model Customs Collectorate Port Qasim during fiscal year 20...

Customs Appraisement surpasses revenue target Rs 8055.56 million in three months

PAR Apr 7, 2017 0

FAISALABAD: The Model Customs Collectorate has collected Rs 8055.56 million during three month (January-March) of fiscal year 2017 against the set tar...

Malaysia keen to develop CPEC-linked maritime projects

PAR Apr 6, 2017 0

Islamabad, April 06: Malaysia on Wednesday expressed keen interest in helping Pakistan develop projects, such as ferry service, port terminals and ind...

CPEC energy projects near completion, as Minister promises 'no load-shedding after Novermber'

PAR Apr 5, 2017 0

Islamabad, 05 April: The government yesterday gave fresh dateline of November 2017 for ending loadshedding in the country, amid the long hours of unan...

Multan Customs surpasses assigned revenue collection target of March

PAR Apr 4, 2017 0

MULTAN: The Customs Collectorate has exceeded its customs duty collection target by collecting Rs960.065 million against the assigned target of Rs.767...

Tax Dept restrained from recovery of amount from M/s Alakh Industries

PAR Apr 3, 2017 0

KARACHI: The Sindh High Court (SHC) restrained the Tax Department from enforcing recovery till the next date of hearing on a constitutional petition f...

AFU facing decline due to too many exemptions on imports: Shahid Jan

PAR Apr 3, 2017 0

ISLAMABAD: There are too many exemptions on imports under the head of Income Tax. Because of this, the Air Freight Unit (AFU) has been facing decline...

Tax evasion: Post Clarence Audit issue notice to M/s Sheraz Traders in duty evasion case

PAR Mar 30, 2017 0

LAHORE: Customs Lahore Post Clarence has summoned M/s Sheraz Traders in duty and tax evasion of Rs 148243 by on the import of tarpaulin. The PCA La...