KCAA welcomes launch of e-payment solution for duty, taxes

kcaa-logo

KARACHI: Karachi Customs Agents Association (KCAA) has welcomed the launching of e-payment solution by Pakistan Customs to speed up consignment clearance and trade facilitation.

FBR withdraws zero-rating facility to three textile units

fbr

ISLAMABAD: Federal Board of Revenue (FBR) has withdrawn the facility of zero-rated sales tax on consumption of electricity allowed to three textile units.

FBR notifies postings of 31 BS-17 probationary IR officers

fbr

ISLAMABAD: Federal Board of Revenue (FBR) on Friday notified postings of 31 officers of Inland Revenue Service (IRS) of BS-17 with immediate effect until further orders.

Many customs officers not provide declaration of dual nationality

pak_customs1

ISLAMABAD: Federal Board of Revenue (FBR) on Friday directed officers of Pakistan Customs Service (PCS) posted at various departments to submit declaration of dual nationality.

Pakistan’s debt, liabilities increase by 15pc to Rs26.81 trillion

State_Bank_of_Pakistan_logo.svg_

KARACHI: Pakistan’s total debt and liabilities have increased by 15 percent to Rs26.81 trillion by end of December 2017 as compared with Rs23.33 trillion a year ago, according to data released by State Bank of Pakistan (SBP) on Thursday.

Taxpayers unable to file statements due to FBR software breakdown

KTBA

KARACHI: Taxpayers have failed to file their monthly withholding statement due to breakdown of online software of Federal Board of Revenue (FBR), Karachi Tax Bar Association (KTBA) said on Thursday.

Foreign investment increases by 23.3pc in seven months

State_Bank_of_Pakistan_logo.svg_

KARACHI: The inflows of foreign investment into Pakistan has increased by 23.3 percent to $1.45 billion during July – January 2017/2018 as compared with $1.17 billion in the corresponding period of the last fiscal year, according to data released by State Bank of Pakistan (SBP) on Thursday.

FBR notifies transfer, postings of IRS officers

fbr

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified transfers and postings of BS-19-20 officers of Inland Revenue Service (IRS) with immediate effect and until further orders.

FBR to submit progress report in Panama, Paradise and Bahamas Leaks

fbr

ISLAMABAD: Federal Board of Revenue (FBR) will submit its report to Supreme Court of Pakistan on action taken against Pakistanis having illegal money in their offshore accounts identified in different leaks issued by international Consortium of Investigative Journalists (ICIJ).

FBR issues notices in unexplained investments in Dubai real estate

fbr

KARACHI: Federal Board of Revenue (FBR) has launched massive hunt against unexplained assets of Pakistanis who have made large investments in Dubai real estate.