Wednesday , September 11 2019
Breaking News
Home / Tag Archives: FBR Chairman (page 3)

Tag Archives: FBR Chairman

Cross-border smuggling making big hole in exchequer

cross-border smuggling

PESHAWAR: The rampant smuggling of auto parts and Nato forces equipment from Afghanistan into Pakistan has been going on unnoticed, depriving the national exchequer of huge revenue to the tune of billions of rupees. Informed border areas goers and residents of Khyber Agency divulged to Customs Today that auto parts and others goods were being trafficked from Afghanistan through horses ... Read More »

Bajwa assures tax relief for solar industry

IMG_2293

ISLAMABAD: Pakistan Solar Association Vice Chairman Nouman Yousafzai asked Federal Board of Revenue Chairman Tariq Bajwa to give tax compensation in solar system, in a meeting here on Wednesday. As per details, Nauman Yousaf was of the view that by reducing tax value more public could be benefitted from solar power in recent energy crisis faced by country. FBR chairman ... Read More »

4 deputy collectors retiring this month: Deputy Collector Farhat

Farhat

MULTAN: Multan Customs Deputy Collector Miss Farhat has said that four deputy collectors have been completing their service tenure in Multan customs office this month whereas a post of deputy collector is already vacant. Miss Farhat has expressed these views in an exclusive interview with Customs Today. She said that the Multan customs has collected Rs 10.69 billion import duty last ... Read More »

Director valuation Mahboob Saqib retires

Mahboob Saqib

LAHORE: The Directorate of Customs Valuation Director Mahboob Saqib Khan has retired from his services, attaining the age of superannuation in BPS-20. During his service Khan has contributed significantly in the development of the Customs Department. As chief TEPI and computer bureau, he upgraded the computer hardware and provided optic fiber based connectivity to all floors of the custom house. ... Read More »

Lower FBR staff unhappy over taking fresh exam for promotions

FBR

LAHORE: The Federal Board of Revenue (FBR)’s move to hold fresh promotional exams for lower grade employees has angered those who had already qualified the exam and they have threatened to move the court if not promoted, Customs Today learnt on Wednesday. The FBR has asked low grade employees including Upper Division Clerks (UDCs), Lower Division Clerk s (UDCs), supervisors ... Read More »

SC orders Dewan Cement to pay customs duty after 19 years

2135687664_40cc70f973

KARACHI: The Appraising Intelligence Branch of Model Customs Collectorate Appraisement-West is finally succeeded in managing its outstanding recovery of nearly Rs 80 million from Dewan Cement Limited (Pakland Cement) on its alleged involvement in tax evasion of Rs 86.84 million customs duty and sales tax. According to details, the case has been decided by Supreme Court of Pakistan (SCP) after ... Read More »

FBR to remove flaws in sales tax collection

sales tax

ISLAMABAD: The Federal Board of Revenue (FBR) has intensified its efforts to remove flaws in sales tax collection to achieve the yearly target  for FY 2014-15. As per details, FBR Chairman Tariq Bajwa and all members were briefed in a presentation on improvements in the collection system to collect sales tax. In the presentation members presented suggestions to remove flaws ... Read More »

Issue of fertilizer subsidy

download

According to newspaper reports, the Ministry of National Food Security and Research is dilly-dallying the issue of subsidy on fertilizers, leaving little room for the farmers to enthusiastically participate in the next season crops. The use of fertilizers is the basic element in the modern farming and the growers deserve every facility from the government, but the present situation will ... Read More »

Circular debt – again  

04-save-electricity

Circular debt is the money which various government departments owe to PEPCO as electricity charges. When the government departments do not pay for the power they use, PEPCO fails to pay to various power producing units from where it purchases electricityand the power producing units cannot pay to oil companies to purchase fuel. This creates a circle of debt which ... Read More »

PTBA cries foul at glitches in ST registration

sales-taxa

ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has written in to the FBR chairman complaining about difficult and time-consuming procedure for sale tax registration. In a letter to FBR Chairman Tariq Bajwa, the PTBA pointed out that the current system for ST registration was time-consuming as it required two to three months to get a manufacturing unit registered for sales ... Read More »

LHC disposes of petition by SM Foods seeking quashing of FIR

High Court Multan

MULTAN: The Multan bench of the Lahore High Court (LHC) has disposed of a petition filed by Saim Mobeen Food Company in case of mis-declaration of imported goods from Austria. The quashing of the FIR filed by the Saim Mobeen Food Company in case of mis-declaration in the import of iron rods used in the baking of biscuits was disposed ... Read More »

FBR Chairman Bajwa seeks list of seized vehicles from all collectorates

Bajwa

ISLAMABAD: The Federal Board of Revenue (FBR) Chairman Tariq Bajwa has sought all model customs collectorates to provide the details of all seized non-customs paid vehicles. As per details, in a notification issued by chairman office, it was stated that all model customs collectorates should send lists of non customs paid vehicles at warehouses and ports, seized by customs. It ... Read More »

Revenue Alliance Union asks FBR chief to accept demands

download

LAHORE: The Federal Revenue Alliance Employees Union (FRAEU) FBR Pakistan has sent a letter to the FBR chairman, asking him to accept their charter of demands or the union will call for a strike. The union reiterated its demands in the letter regarding the service structure policy for FBR employees from BS-1 to BS-16, grant of one time scale to ... Read More »

Traders seek govt permission to import textile machinery from India

images

ISLAMABAD: Traders and textile groups have asked the federal commerce ministry to allow them imports textile machinery from India. As per details, importers want to import boilers and gear boxes via Wagha Border as the cost of import is much higher in Karachi. Sources told Customs Today that some traders have imported gear boxes for textile machinery via Wagha Border ... Read More »

FBR assigns Rs 20.7 billion yearly target for Appraisement Lahore

revenue

LAHORE: The Federal Board of Revenue (FBR) has finally assigned customs duty collection target to Model Customs Collectorate (MCC) Appraisement Lahore for the financial year 2014-15. According to details, MCC appraisement Lahore has been asked to collect total duty of Rs 20.73 billion for fiscal year 2014-15 which is 26 percent more than the last year target. The MCC Appraisement ... Read More »

Customs reveals another multi-million scam by Telenor

Telenor

ISLAMABAD: The Directorate General Customs Intelligence and Investigation Islamabad has brought another mega scam of Rs 23 million duty evasion by Telenor into light. As per details, the customs has issued notice to the telecommunication service provider, Telenor, for its alleged involvement in another Rs 23 million duty evasion in mis-declaration/mis-classification. Telenor has assured the customs that they were ready ... Read More »

FBR to make e-filing of tax returns user friendly

eFiling

SIALKOT: The Federal Board of Revenue (FBR) is removing flaws from E-filing system of tax returns submission to make it more user-friendly, to facilitate the business community and potential taxpayers. The FBR has launched an awareness seminar on “E-filing tax returns filing” at Gujranwala Chamber of Commerce and Industry (GCCI). The FBR chief of FATE Wing Islamabad Bukhtiar Muhammad, Secretary ... Read More »

Customs valuation of Fleece Fabric issued

DSC_0322

KARACHI: The Directorate General of Customs Valuation has determined the Custom values of Fleece Fabric through Valuation Ruling No.683/2014 under Section 25-A of the Customs Act, 1969. The exercise to determine the Customs values of Fleece Fabric was initiated after it was brought in the notice of the Directorate General of Customs Valuation that Fleece Fabric is being imported from ... Read More »

Physical, mental health perquisite for nation’s efficiency: LCCI

kashif anwar

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has organised a day-long seminar on “The Hidden Enemy” on Friday, in which a large number of people from different walks of life participated. LCCI Vice President Kashif Anwar and renowned Psychiatrist Dr GH Saqib Kalyani spoke on the occasion and marked the importance of physical and mental health. They pledged ... Read More »

PM, cabinet assure support to Bajwa on tax collections

Nawaz Give bajwa go

ISLAMABAD: The Prime Minister Muhammad Nawaz Sharif instructed Federal Board of Revenue (FBR) Chairman Tariq Bajwa to start crackdown on tax evaders without any discrimination. He also told FBR chairman to broaden the tax net without taking any political pressure. As per details, FBR Chairman Tariq Bajwa has briefed the PM Nawaz and cabinet in a federal cabinet meeting on ... Read More »