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Tag Archives: FBR Chairman

FBR chairman addresses pre-budget seminar organised by LTBA

chairmanFBRTariqBajwa

LAHORE: Federal Board of Revenue (FBR) Chairman Tariq Bajwa will participate in pre-budget seminar organised by Lahore Tax Bar association (LTBA) today in Lahore. LTBA has invited FBR chairman to share his views in seminar, Customs Today learnt. On the other hand, tax association would also present its suggestions and recommendations to FBR and other relevant departments for budget 2015-16. ... Read More »

Tuesday December 09 -Monday December 15, 2014

Customs Today E-Paper

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AIB verifies import data of glass mirror on Collector Saleem’s order

Collector MCC-Appraisement (West) Muhammad Saleem

KARACHI: The Appraising Intelligence Branch (AIB) of Model Customs Collectorate of Appraisement (West) while following the directives of Collector Muhammad Saleem has started the verification process of the previous data of the clearance of the consignments of “Glass Mirror”, it was reliably learnt here. The sources informed Customs Today that the complaints had been pouring in the Office of Collector ... Read More »

FBR autonomy remains distant dream

FBR

ISLAMABAD: The FBR has failed to achieve desired results due to unending political inference. Almost all governments be it current or the past had never been willing to grant administrative autonomy to FBR since they fear that FBR action against tax dodgers may cost them politically and economically. There are hundreds of factories, mills and restaurants which are collecting GST ... Read More »

Taxpayers facilitation top priority: Collector Najeeb

najeeb2

KARACHI: Proper valuation, neat collection and taxpayers facilitation are top priority of Model Customs Collectorate of Appraisement-East. Highly-placed sources in the Collectorate told Customs Today that since valuation is susceptible to manipulation it is an area of acute focus for the Customs. Correct classification as well as ascertaining of description do not only ensure speedy clearance of consignments but also ... Read More »

Solar lighting system: Customs Tribunal reserves decision

Tribunal

KARACHI: A single bench of Custom Appellate Tribunal reserved judgment on Thursday in an appeal filed by an importer of solar lighting system against the imposition of duty and taxes on the import of parts and accessories meant to manufacture the complete unit. The appellant M/s Trade Serve is engaged in the installation of solar lighting system and has been ... Read More »

Customs Intelligence impounds above Rs 130 million illegal goods

Anti-Smuggling

LAHORE: Directorate of Customs Intelligence and Investigation (I&I) Lahore Thursday seized above Rs 130 million non-customs paid and illegal steel sheet, perfume cosmetics, cloth and other items in different raids. In the first raid, I&I anti-smuggling team conducted raid at a godown Hashaim Khayal at  Misri Shah. Sources said that the team raided in night and confiscated 690 tons of ... Read More »

$200b recovery from Swiss banks: Officer stuns Finance Ministry, FBR

swiss

ISLAMABAD: The Finance Ministry and Federal Board of Revenue (FBR) are stunned over the outcome of mission sent to Switzerland to negotiate on the issue of bringing $ 200 billion from Swiss banks. Federal Minister for Finance Ishaq Dar had announced that talks would be held with Swiss authorities in August to bring back US$200 billion to Pakistan from banks ... Read More »

Inactivation of NTNs by FBR perturbs taxpayers

FBR

ISLAMABAD: Act of making thousands of valid National Tax Numbers (NTNs) inactive by the Federal Board of Revenue (FBR) has put the taxpayers in hot waters. Since July onward, the FBR made thousands of valid NTNs inactive for not making any tax transaction during last few years. The NTN holders could not make any tax transaction either for one or ... Read More »

Bajwa to brief IMF on tax reforms in Dubai meeting

Bajwa

ISLAMABAD: Federal Board of Revenue Chairman Tariq Bajwa will visit Dubai to participate in a meeting with International Monetary Fund (IMF) on October 29. In the meeting, the FBR chairman will brief the IMF authorities on broadening of tax net, tax reforms and tax revenues in Pakistan. The officials of the FBR hoped that the IMF will appreciate the performance ... Read More »

FBR chairman to brief foreign investors on Monday

Bajwa

ISLAMABAD: The International Investment Conference will be held in the federal capital on 27 October. Federal Board of Revenue Chairman Tariq Bajwa is likely to take part in the event. Bajwa will brief the international participants about tax system in Pakistan. He will also inform them about tax concessions for foreign investors. On the same day, Engro Corporation President Ali ... Read More »

FBR to open 600 jobs stalled due to PM-President rift

IMG_2293

Former PM and president violated merit and put “jobs for sale” tag   ISLAMABAD: The Federal Board of Revenue (FBR) has decided to recruit as many as 600 Grade 1-16 officials to overcome a shortage of manpower. The recruitment aims at improving enforcement system. Ads will be published in the newspapers in this regard. The FBR is facing a shortage ... Read More »

FBR decides to recruit 600 Grade-1 to -16 officials

FBR Chief

Former PM and president violated merit and put “jobs for sale” tag     ISLAMABAD: The Federal Board of Revenue (FBR) has decided to recruit as many as 600 Grade-1 to 16 officials to overcome a shortage of manpower. The recruitment aims at improving enforcement system. Ads will be published in the newspapers in this regard. The FBR is facing ... Read More »

Commerce Ministry to get guidance from PM on declining exports

exports

ISLAMABAD: The Ministry of Commerce (MoC) will present report on declining exports to Prime Minister Nawaz Sharif to seek further guidance in this regard, Customs Today learnt on Thursday. The MoC has carried out a comprehensive exercise to find out reason and factors behind the declining exports especially during last four months. A well-placed source privy to the Commerce Minister ... Read More »

DG PCA forms body to settle problems of daily wage workers

PCA

ISLAMABAD: A two-member committee has been formed to resolve issues and problems of daily wages employees working in the Directorate General Post Clearance Audit, Islamabad. According to the order issued by the Director General Post Clearance Audit (DGPCA), Additional Director (I) Shahid Jawad and Additional Director (II) Ayesha Niaz will be the members of the committee. The committee has been ... Read More »

Bajwa hears cases of two Grade-19 officers today

Bajwa

  ISLAMABAD: Federal Board of Revenue Chairman Tariq Bajwa on Thursday (today) would hear cases of Pakistan Customs Service Grade-19 officer Misbah Kathana and Inland Revenue Service Grade-19 officer Naheed in the FBR Headquarters. Misbah’s case will be heard at 11am and Naheed’s case will be heard at 12pm. Later, a team of the Lahore University of Management Sciences will ... Read More »

FBR asks for submission of data from Collectorates of Adjudication-I&II

FBR

KARACHI: The Federal Board of Revenue (FBR) has asked the authorities concerned of the Collectorates of Customs Adjudication-I and II to submit the entire data of the cases during the current fiscal year 2014-15 before the competent authorities by the end of November, 2014, Customs Today learnt here on Tuesday. The sources informed Customs that the FBR through a letter ... Read More »

Anti-Smuggling Dept seizes two non-customs paid vehicles

Anti-Smuggling

  FAISALABAD: The Anti-Smuggling department of MCC, Faisalabad seized the two non-customs paid vehicles from Mianwali. The customs team was on a patrolling duty when it recovered the vehicles, including Toyota Corolla X worth Rs 1.5 million and Toyota Vitz new model worth Rs 1.2 million. The Anti-Smuggling department officials seized both the vehicles. Read More »

FBR gets uplift projects worth Rs 1 billion passed by CDWP

FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has successfully got development projects worth one billion rupees approved by the Central Development Working Party (CDWP). “The logical arguments presented by the FBR team in the meeting of the CDWP brought about due results and ultimately CDWP had to approve almost all the of the development projects forward by the FBR,” a ... Read More »

Appraisement-East collects Rs 10.5 billion revenue in 20 days

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KARACHI: Model Customs Collectorate of Appraisement-East collected Rs 10,599.66 million revenue during the first 20 days of October. MCC Appraisement-E collected Rs 2,893.75 million under the head of customs duty; Rs 5,754.41 million under the head of sales tax; Rs 1,847.544 million in withholding tax and Rs 33.96 million under the head of federal excise duty. The Collectorate achieved 60.26 percent of ... Read More »