ISLAMABAD: Asian Development Bank (ADB) has agreed to provide $250 million loan for regional improvement of border services project with objectives of to adopt single window system for integrated and coordinated management of borders; increase trade and transit cargo through border crossing points; efficient cross border processing of goods and people and modernize border crossing points.
KARACHI: Karachi Tax Bar Association (KTBA) has asked Federal Board of Revenue (FBR) to extend the filing of income tax return for salaried, business individuals and persons under final tax regime up to December 31, 2016 considering severe problems faced by taxpayers on the FBR’s online system – Iris.
ISLAMABAD: Federal Board of Revenue (FBR) has said that examination for customs clearance reduced to 30 percent from 100 percent due automated clearance system.
ISLAMABAD: Much has been achieved and much more remains to be done, so this is Pakistan’s moment of opportunity to forcefully address remaining economic challenges and lay the foundation for more private sector job creation and higher living standards for all segments of society, Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), said on the conclusion of her visit to Pakistan on Tuesday.
FBR notifies key postings; Asif Marghoob made Collector Adjudication – I, Dr. Saifuddin made Collector Preventive
ISLAMABAD: Federal Board of Revenue (FBR) on Monday notified transfers/postings of BS-19-20 officers of Pakistan Customs Service (PCS) with immediate effect until further orders. As per notification Muhammad Asif Marghoob Siddiqui has been assigned the post of collector, Adjudication-I, Karachi and Dr. Saifuddin Junejo has been made collector preventive Karachi.
KARACHI: The Federal Board of Revenue (FBR) on Monday notified important transfer and postings of BS-20 officers in Pakistan Customs Service (PCS) and appointed Manzoor Hussain Memon as Director General, Directorate General of Reforms and Automation (Customs), Karachi.
ISLAMABAD: Federal Commerce Minister Engr. Khurram Dastgir Khan has demanded a level playing field for cotton farmers. The minister raised this demand at a meeting held in Norway in which senior representatives from more than 20 WTO members met in Oslo on 21-22 October at an informal ministerial meeting chaired by Norway’s Foreign Minister.
ISLAMABAD: Supreme Court of Pakistan has restrained National Accountability Bureau (NAB) from using powers to clear persons through voluntary return and plea bargain deals.