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Tag Archives: FBR Chairman

No room for corrupt officers in FBR: Bajwa

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KARACHI: Federal Board of Revenue (FBR) Chairman Tariq Bajwa has warned the Customs officials that there is ‘no room’ for the corrupt officials in FBR. FBR Chairman said this while discussing different matters pertaining to revenue generation, target achievements and missing containers with the high officials during the visit to Customs House, Karachi. Tariq Bajwa asked the officials concerned to ... Read More »

LHC summons FBR chairman to report on arms import case

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LAHORE: The Lahore High Court has summoned Federal Board of Revenue (FBR) Chairman to explain the action taken against customs officials involved in an arms import case. Justice Muhammad Khalid Mehmood Khan passed the orders on a petition filed by Sultan Ali, an arms dealer, for quashing a prohibited arms import case. Sultan through his petition submitted that he imported ... Read More »

Traders’ delegation calls on FBR Chairman

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ISLAMABAD: A delegation of All Pakistan Traders Association (APTA) has called on FBR Chairman Tariq Bajwa here at FBR headquarters. Member Inland Revenue, Operations also attended the meeting, which was jointly presided over by MNA Abdul Mannan from APTA and its Chairman Khawaja Muhammad Shafiq. While talking to Customs Today Khawaja Shafiq said that the delegation raised the issues of ... Read More »

Targeted-survey being launched to unearth rich tax evaders: Bajwa

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ISLAMABAD: Federal Board of Revenue (FBR) has almost achieved its Rs509 billion target set for the first quarter of fiscal year 2013/14 as it has collected Rs481 billion so far and the total revenue collection target for the current fiscal year is Rs2,475 billion. FBR Chairman Tariq Bajwa told this to the Senate Standing Committee on Finance head by Senator ... Read More »

Dar forms body to prepare automobile policy; Bajwa attends ECC meeting

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ISLAMABAD: The Economic Coordination Committee (ECC) has formed a committee to prepare an automobile policy within 45 days. The committee, headed by Minister for Water and Power Khawaja Mohammad Asif, comprises Zubair Umar as Vice Chairman, Chief Executive Engineering Development Board, FBR Chairman Tariq Bajwa and Secretary Industries & Production as its members. The committee has been directed to seek ... Read More »

Robust audit essential to counter-check tax details: Bajwa

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ISLAMABAD: Five per cent taxpayers selected from different categories would be issued notices for their detailed audits but the random selection of cases did not mean that all these persons or companies had evaded taxes, FBR Chairman Tariq Bajwa told Customs Today, while explaining the audit process. Talking to this scribe, he said those who will receive notices for the ... Read More »

Bajwa asks Karachi Customs officials to step up efforts

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KARACHI: Chairman Federal Board of Revenue (FBR) Tariq Bajwa in his one-day visit to Customs House Karachi conducted several meetings with the officials of LTU, Preventive and Transit Trade. The sources in Customs House told Customs Today that the FBR chief during his visit held a high-level meeting with Chief Collector (Enforcement), Chief Collector (Appraisement), Director General Transit Trade, Collectors, ... Read More »

PTEA, Shell Pakistan chiefs call on Bajwa

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ISLAMABAD: Chairman FBR Tariq Bajwa met with Chairman Pakistan Textile Exporters Association (PTEA) Mr Asghar Ali on Monday. PTEA chief said that excessive burden of taxes and stuck up amounts in refund regimes has not only jeopardized growth of the textile industry and exports but put the survival of existing industry at stake. It should be the top priority of ... Read More »

FBR holds computer balloting of taxpayers for audits

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LAHORE: Federal Board of Revenue (FBR) held a random computer ballot of income tax, sales tax and federal excise returns for the selection of cases for audits on Friday. FBR invited trade bodies, chambers, associations and high taxpayers to witness the selection process. Through the random computer ballot, FBR selected corporate taxpayers and non-corporate taxpayers of income tax, sales tax ... Read More »

KCCI, IMF delegations call on FBR Chairman

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ISLAMABAD: Chairman FBR Tariq Bajwa held meetings with different delegations on Tuesday. First of all he met with the delegation of Karachi Chamber of Commerce and Industry and discussed different issues relating to trade and industry. Then Bajwa met with Chairman CDA and Vice President MCB. After that IMF delegation called on Finance Minister Ishaq Dar while FBR Chairman Tariq ... Read More »

FBR Board-in-Council approves audit plan

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ISLAMABAD: Federal Board of Revenue (FBR) on Friday approved audit plan for income tax and sales tax under which thousands of taxpayers will be selected through random balloting by next week. “FBR’s Board-in-Council has approved an audit plan for selecting 5 percent taxpayers’ through random balloting,” Chairman FBR Tariq Bajwa confirmed on Friday. Instead of parameters-based audit, FBR took decision ... Read More »