Tag: Federal Board of Revenue (FBR)

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President House

President held Ministry of Education responsible for non use of Foreign Donation Islamabad; (VOM) : The President held Ministry of Education responsible for criminal waste, inefficiency and irresponsibility for non utilization of Government of Germany’s donation of Rs. 13.707 million since 1993-94. He stated that the donation which was given 30 years ago for purchase...

Senate of Pakistan
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Senate of Pakistan

Senate Committee on Rules of Procedure and Privileges Islamabad :  (VOM). : The meeting of Senate Committee on Rules of Procedure and Privileges was held at Parliament House. Chaired by Senator Muhammad Tahir Bizenjo, the meeting was attended by Senator Irfan-ul-Haque Siddiqui, Senator Manzoor Ahmed Khan Kakar and senior officers of the Ministries and Departments...

President House
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President House

  *President Directs FBR to Bring Unregistered Sugar Dealers into the Tax Net   Islamabad: (VOM). President of Pakistan, Dr Arif Alvi, has directed the Federal Board of Revenue (FBR) to bring into the tax net the unregistered wholesalers, dealers or distributors of sugar buying huge quantities from sugar mills to broaden the tax base....

FBR
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FBR

FBR Resolves Issue of Credit Notes . Islamabad  (VOM)  :  Federal Board of Revenue (FBR) has clarified that the issue of credit notes has been resolved. Therefore, all Sales Tax registered persons, especially importers and retailers, are encouraged to file their pending Sales Tax Returns if any, without further loss of time. The country’s premier...

FBR
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FBR

Seizure of 11 Containers of Smuggled Goods By Customs, Valuing Rs.450 Million.   Quetta (VOM). : In a major operation against smugglers, Pakistan Customs(FBR), Quetta has seized 11 containers fully stuffed with smuggled goods. In a well coordinated and successful operation on Saturday and Sunday nights in two districts bordering Punjab, the anti-smuggling squads of...

FBR
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FBR

*Withholding tax should be on income: FBR Chairman*   Karachi :   Dr. Muhammad Ashfaq Ahmed said the withholding tax (WHT) should be levied on income rather than on transactions. He was addressing at Karachi Chamber of Commerce and Industry (KCCI). Dr. Ashfaq said that he would recommended abolishing further tax. Besides, he said that rationalizing...

Commerce
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Commerce

Human Capital Development is the Cornerstone of Pakistan’s Growth and Development Strategy _Pakistan shows global leadership in initiating programs for poverty alleviation, universal Health Delivery services, environmental protection, improving human capital and curbing corruption, indicates the World Economic Forum data._ Islamabad, (VOM) : The World Economic Forum Shares its Executive Opinion data with the country...

Prime Minister House
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Prime Minister House

*Govt is focused on creating startup-friendly ecosystem to unleash huge potential of e-commerce in the country,” Prime Minister* Islamabad: Prime Minister Imran Khan chairing a meeting of Young Entrepreneurs/Startups. “The future of business in the world is technology-driven e-commerce platforms. Cognizant of its importance, we are working to clear all kinds of impediments hindering its...

Pakistan Customs
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Pakistan Customs

Pakistan Customs (FBR) Seizes Smuggled Contraband Items at Torkham, Valuing Rs.130 Million Intensifying its ongoing crack down against smuggling and in two back to back successful operations, Pakistan Customs (FBR) at Torkham have seized contraband goods of Rs.130 Million. In the first incident, on 8th January and upon credible intelligence, the customs authorities at Customs...

Business Community
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Business Community

Faiz Ullah Kamoka assures to finalize property valuations in consultation with ICCI and stakeholders   Islamabad ( VOM  ) :  Faiz Ullah Kamoka, Chairman, National Assembly Standing Committee on Finance and Revenue assured that the FBR would finalize the new market values of properties in consultation with ICCI and other stakeholders as input of representatives of...