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[events]Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people

GSP Plus Status to help Pakistanis to avail trade opportunities in Belgium: Envoy

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LAHORE: Implementation of all conventions under GSP Plus Status will help Pakistani businessmen to avail trade opportunities in Belgium.  Belgian companies have shown keen interest in Pakistani market.  Belgian Ambassador Frederic Verheyden stated these views at the Lahore Chamber of Commerce & Industry. The LCCI President Almas Hyder, CEO Wallonia Export & Investment Agency Mrs. Pascale Delcomminette, Trade Commissioner of ... Read More »

Multan RTO clears Rs900m refund claims

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MULTAN: The Regional Tax Office has refunded Rs 900 million claims to claimants and assured the industrialists for resolution of their issues. It was said by Inland Revenue Chief Commissioner Abid Raza Bodla while addressing a function hosted by the All Pakistan Upholstery Manufacturers Association. The chief commissioner assured that the grievances of the APBUMA would be redressed on top ... Read More »

Businessmen should utilize clearance facilities of Multan Dry Port: Collector Ambreen Ahmad Tarar

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MULTAN: Business community should utilize clearance facilities of Multan Dry Port and their problems would be resolved on top-priority basis. It was stated by Multan Customs Collector Amrbreen Ahmad Tarar while talking to reporters in meeting with All Pakistan Upholstery and Bed sheets Manufacturing Association. She expressed that Multan Customs Dry Port is the only port available in the region for ... Read More »

FBR motivates investors, property dealers to avail benefits of Tax Amnesty Scheme

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LAHORE: Federal Board of Revenue (FBR) organized a seminar on ongoing Tax Amnesty Scheme which was held at Defence Club. Large number of investors and property dealers participated in the seminar. The basic purpose of the seminar was to create awareness among business community about the benefits of Tax Amnesty Scheme 2018 and apprise them about the benefits of the ... Read More »

Collector Jamil Nasir inaugurates Customs Day Care Centre

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LAHORE: Collector Collectorate of Customs Appraisement Mohammad Jamil Nasir Khan inaugurated the Customs Day Care Centre at National Logistics Cell Dry Port, Lahore. Addressing the gathering on the occasion Collector Jamil Nasir said that welfare of staff is an important component of organizational development. He said that it gives genuine strength to the organization by creating an atmosphere of trust, ... Read More »

Businessmen should avail benefits of current Tax Amnesty Scheme: DC IR Muhammad Ali

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LAHORE: Federal Board of Revenue (FBR) organized a seminar on ongoing Tax Amnesty Scheme which was held at Flattei’s Hotel. The basic purpose of the seminar was to create awareness among business community about the benefits of Tax Amnesty Scheme 2018 and procedure to adopt the scheme. The seminar was held of Regional Tax Office various renowned businessmen participated in ... Read More »

Tax amnesty scheme not yielding positive results in Punjab: FBR chairperson Rukhsana Yasmin

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LAHORE: Federal Board Revenue (FBR) Chairperson Rukhsana Yasmin lamented on Monday that tax amnesty scheme is not producing appreciable results in Punjab. All the people who belong from Lahore, Faisalabad, Gujranwala, Multan, Bahawalpur and Sargodha must avail the tax amnesty scheme to legalize hidden assets within or outside the country. This was stated by Chairperson Federal Board of Revenue Rukhsana Yasmeen ... Read More »

Tax lawyers should apprise their clients about benefits of Tax Amnesty Scheme: FBR Member IR Habib Ullah Khan

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LAHORE: Department of Inland Revenue (IR) arranged a seminar to promote as well as create understanding of the provision of Tax Amnesty Scheme 2018, for the tax Advisors and the taxpayers. Member Inland Revenue Operations Habib Ullah Khan chaired the meeting which was attended by office bearers of Lahore & Sheikhupura Tax Bar as well as the taxpayers community. Chief ... Read More »

Customs Appellate Tribunal always passed verdicts according to law: Chairman Manzoor Malik

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LAHORE: Chairman Customs Appellate Tribunal Justice (r) Malik Manzoor Hussain Malik has said that all members of Customs Appellate Tribunal passed judicious orders. Tribunal always passed the order with honesty without any pressure. He was addressing the participants of on the occasion of farewell party hosted in honor of Member Techical Bench-II Imran Tariq on his retirement after completion of ... Read More »

Chief Collector Zeba Hai presents shield to Chinese Counsel-General for strengthening friendship

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LAHORE: Collectorate of Customs Appraisement held a ceremony at Mughalpura Dry Port to award certificates to customs officials who successfully completed Chinese language course. Chief Collector Customs Central Region Zeba Hai Azhar was the chief guest on the occasion. Addressing the participants, Collector Jamil Nasir Khan said that Customs Appraisement and TEVTA signed an accord on March 18, 2018 to ... Read More »

Tax Amnesty Scheme 2018 is last option to legalize undeclared assets: Chairman FBR Pasha

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LAHORE: Chairman Federal Board of Revenue Tariq Mahmood Pasha has said Tax Amnesty Scheme 2018 is last chance to legalize undeclared assets therefore it must be availed by the business community. He was speaking at the Lahore Chamber of Commerce & Industry. The LCCI President Malik Tahir Javaid, Vice President Zeshan Khalil, Provincial Finance Minister Syed Zia Haider Rizvi, former ... Read More »

Uproar over Dost mega scams, Haroon Akhtar promises zero tolerance

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LAHORE: Special Assistant to Prime Minister on Revenue/Minister of State Haroon Akhtar Khan said that upon getting information about smuggling through green channel, the wrong doers are put on red channel and they have to go through strict checking for years to re-gain their credibility. He expressed these views while answering to Customs Today about the misuse of green channel and involvement ... Read More »

FBR should ensure early payment of duty drawback, IT & ST refunds claims: FTO

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MULTAN:Federal Tax Ombudsman Mushtaq Ahmed Sukhera has stressed the need of further betterment in tax payment and tax collection systems for providing maximum relief to the tax payers and the exporters. He said that the Federal Board of Revenue (FBR) should remove hurdles in promotion of national exports by reducing the prolonged pendency of the customs, income tax and sales ... Read More »

Importers, exporters should adopt e-payment system: Additional Collector Rashid Munir

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LAHORE: Importers and exporters should adopt e-payment system for duties and taxes online instead of wasting their precious time in lines in front of banks. These views were expressed by Additional Collector of Customs Appraisement Rashid Munir on Wednesday here.  The additional collector said that businessmen’s time is precious and they should save their time by adopting online and e-payment ... Read More »

Taxpayers from salaried classes excluded from FBR’s audit list

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ISLAMABAD: The Federal Board of Revenue (FBR) has announced that the taxpayers from salaried classes, including government officials and private sector employees, have been excluded from the FBR’s audit list. Chairing the ceremony for Computerized Balloting for Audit, Advisor to PM Haroon Akhtar Khan said that tax amnesty scheme is in the interest of Pakistan and it has not been ... Read More »

RIMS to help make economy documented: Haroon Akhtar

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ISLAMABAD: The Federal Board of Revenue (FBR) has sought information from the Civil Aviation Authority, mobile phone companies, National Data base Registration Authority (NADRA) and commercial banks to bring tax evaders into the tax net, said Haroon Akhtar Khan, Special Assistant to the Prime Minister on Revenue. Addressing the participants at the launching ceremony of Restaurant Invoice Management System (RIMS) ... Read More »

Local businessmen will be given level playing field in budget:  Haroon Akhtar

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LAHORE: Local businessmen will be given a level playing field in the upcoming budget of 2018-19 while announcing Amnesty Scheme, the government has reposed trust in the business community and expects positive response from the other side and took bold decisions in the larger interest of the economy. These views were expressed by Prime Minister’s Assistant on Revenue Haroon Akhter ... Read More »

Provincial Revenue Authority collects Rs 75 billion tax in nine months: Dr. Raheal Ahmed

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LAHORE: Since its introduction in 2016, the of Provincial Revenue Authority (PRA) has conducted tax clinics for different sectors, registered new taxpayers and inducted new smart systems like RIMS, STRIVE, E-Courts into its portfolio. The PRA as a provincial tax collection authority has achieved its revenue targets in the past and would meet the target for the current fiscal year. ... Read More »

Customs Public School, BSF breeding confidence in students: FBR Member Customs Zahid Khokhar

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LAHORE: Federal Board of Revenue (FBR) Member Customs Muhammad Zahid Khokhar has said that Customs Public School and Bilqees Sarwar Foundation are striving to breed confidence and high self-esteem in the students to show great academic potential along with a strong sense of personal wellbeing. He was addressing the students on March 31, 2018 — an event held by Bilqees ... Read More »

Communication gap must be bridged to remove low trade between Pakistan, Greece: Markopoulou

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  LAHORE: Maria Rubina G. Markopoulou, the President of Greek-Pakistan Chamber of Commerce and Industry, has said that the communication gap between business communities of the two countries is the biggest hurdle in promotion of bilateral trade. Signing a Memorandum of Understanding (MoU) with Lahore Chamber of Commerce and Industry to enhance mutual trade, she said that exchange of trade ... Read More »