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Author Archives: Mahmood Idrees

Customs revenue shrinks as import of fresh items from India decreases by 70pc

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LAHORE: The import of fresh items like tomatoes, ginger and garlic form India via Wagha border has decreased by 70 percent. Pakistan Customs collects revenue on the import of fresh items, which will now decrease due to the less imports. An official said that the decline in import of fresh items was due to the season, as the local production ... Read More »

LFU Wagha gets new Internet connection for speedy clearance

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LAHORE: The Pakistan Customs Land Freight Unit (LFU) Wagha has been equipped with Cybernet Internet facility by replacing the old service of the Internet. As per detail, authorities at Wagha had decided to get the facility of Internet services from Cybernet to expedite the filing procedure of trading between India and Pakistan almost 15 days ago. An official said that ... Read More »

Lahore: Rangers asks LFU Wagha to submit record of employees

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LAHORE: The Punjab Rangers asked the Pakistan Customs Land Freight Unit (LFU) Wagha authorities to submit the record of all their employees performing duties at the border. Talking to Customs Today, an official said that Rangers are taking different measures to improve the security level at the border to secure all employees and visiting citizens. He added that coordination among ... Read More »

LFU DC Tauqeer Dar orders customs officials to wear uniform on duty

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LAHORE: Pakistan Customs Land Freight Unit (LFU) Lahore Deputy Collector Tauqeer Dar has instructed all the customs staff to wear their official uniform during duty timings. DC Dar said that Additional Collector Sadia Muneeb has observed while surveying the LFU that most of the officials like inspectors, superintendents and other lower staff were performing their duties in casual clothes instead ... Read More »

Lahore: FBR seeks tax, refunds record of active taxpayers

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LAHORE: The Federal Board of Revenue (FBR) has directed the field formation offices of Lahore to collect the tax and refunds record of the taxpayers. Sources said that FBR has asked the field formations to collect the tax records of active taxpayers for the current fiscal year 2014-15. “The FBR has asked to gather the record of refunds cases that ... Read More »

RTO-I arrests steel factory owner on charges of tax evasion

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LAHORE: The Federal Board of Revenue (FBR) Regional Tax Office-I (RTO-I) Lahore has arrested a factory owner allegedly involved in tax evasion of millions of rupees. Sources said that the owner of a steel factory located in Darogawala, Lahore, was involved in sales tax evasion of millions of rupees for many years. They added that the RTO-I Lahore Inland Revenue ... Read More »

Tax lawyers urge FBR to resolve ‘jurisdiction changing’ issue immediately

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LAHORE: Tax lawyers and income tax practitioners have urged the Federal Board of Revenue (FBR) to settle the cases regarding jurisdiction changing applications of taxpayers, immediately. Talking to Customs Today, tax lawyers said that taxpayers were facing problems in changing the jurisdiction from one regional tax office to another. They added that applications had been submitted to the related department ... Read More »

FBR may revise revenue target of LTU Lahore

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LAHORE: The Federal Board of Revenue (FBR) Large Taxpayer Unit (LTU) Lahore may not be able to achieve the target set for the third quarter of the current fiscal year. As per details, the LTU Lahore has been assigned Rs 53 billion target for the third quarter (January-March). Sources said there were different factors like cut down in oil prices ... Read More »

Security tightened at RTO; employment card necessary for motorocyclists

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LAHORE: The Federal Board of Revenue (FBR) Regional Tax Office (RTO) Lahore has announced that due to security reasons, motorcycles of only those employees will be allowed to enter the premises of the office who have employment cards. As per details, authorities have taken such security measures after getting instructions from security agencies to protect the employees as well as ... Read More »

FBR suspends three RTO-II officials allegedly involved in tax scam

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LAHORE: The Federal Board of Revenue (FBR) has suspended two officers and a clerk on showing non-professionalism in their duties, as they allegedly collected fake income tax returns and wealth statements. Sources said that three officials had collected fake tax returns and wealth statements of a private group of companies, which did not fall in the jurisdictions of RTO-II Lahore. ... Read More »

Lahore: Regional Tax Office-I to issue notices to 135 non-filers

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LAHORE: The Federal Board of Revenue (FBR) Regional Tax Office-I (RTO-I) Lahore is going to issue 135 show cause notices to different companies for not filing the withholding tax statement. As per details, it is a must for all companies to submit their withholding tax statement to the FBR on monthly basis to help the board calculate their taxes. These ... Read More »

WHT zone of RTO-II achieves 98% revenue target in 7 months

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LAHORE: The withholding tax (WHT) zone of the Regional Tax Office-II (RTO-II) has achieved 98 percent of its target during the first seven months (July-January) of the current fiscal year 2014-15. Sources told Customs Today that the revenue target for the withholding tax zone was assigned by the RTO authorities rather than the FBR Headquarters. They said that the authorities ... Read More »

FBR dismisses FRAEU central president over misconduct

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LAHORE: Federal Board of Revenue has dismissed the Federal Revenue Alliance Employees Union (FRAEU) Central President, Mian Abdul Qayyum Inspector Inland Revenue on misconduct charges here on Monday. As per detail, there were different charges leveled against the accused like beating the Inspector Inland Revenue Muhammad Mussawar when he was on duty in RTO Lahore, forcibly entering the office of ... Read More »

FBR recovers Rs 2.5 million tax from defaulter company

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LAHORE: The Federal Board of Revenue (FBR) Regional Tax Office-II has recovered tax amounting to Rs 2.5 million from a chemical company. The chemical company had not paid tax for months despite several reminders through notices. The authorities took action against the tax defaulter company and seized two of its vehicles. Later, a representative of the company reached the tax office ... Read More »

Shuttle service starts at wagah border for passengers

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LAHORE: The shuttle service has been started at Wagah border to facilitate the passengers traveling from Pakistan to India. After suicide attack at Wagah border, security forces had restricted all private vehicles to drop passengers near the first gate due to security problems. Passengers had to cover a long distance on foot to reach the Passengers Facilitation Center (PFC) after ... Read More »

RTO-I chief commissioner withholds performance allowance of six inspectors

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LAHORE: The Federal Board of Revenue (FBR) Regional Tax Office-I chief commissioner has withheld the performance allowance of as many as six inspectors. Sources said that the chief had taken this action due to unsatisfactory performance of the officials. They added that the department had assigned the authority to the chief of the regional office to check the performance of the officials ... Read More »

RTO-I chief commissioner withholds performance allowance of six inspectors

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LAHORE: The Federal Board of Revenue (FBR) Regional Tax Office-I chief commissioner has withheld the performance allowance of as many as six inspectors. Sources said that the chief had taken this action due to unsatisfactory performance of the officials. They added that the department had assigned the authority to the chief of the regional office to check the performance of the officials ... Read More »

FBR recovers 15 million tax

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LAHORE: The Federal Board of Revenue (FBR) Regional Tax office-II Lahore has recovered Rs 15 million under the head of tax. As per detail, RTO-II Additional Commissioner Shabih Ul Ijaz and Deputy Commissioner Naveed Akhtar took an action against the tax defaulter company. An American company was selling seeds for crops and did not submit its due taxes to the ... Read More »

RTO-I chief commissioner withholds performance allowance of six inspectors

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LAHORE: The Federal Board of Revenue (FBR) Regional Tax Office-I chief commissioner has withheld the performance allowance of as many as six inspectors. Sources said that the chief had taken this action due to unsatisfactory performance of the officials. They added that the department had assigned the authority to the chief of the regional office to check the performance of the officials ... Read More »

Customs Appellant Tribunal chairman to visit Lahore Tribunal on Feb 26

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LAHORE: Customs Appellant Tribunal Chairman Chaudhary Muhammad Tariq will visit Lahore Tribunal on February 26. An official said that the chairman has already paid a couple of visits to Lahore tribunal to decide important cases. He said that the chairman heard cases along with the judicial member and the technical member of the bench and also discussed the cases with ... Read More »