FBR imposes major penalty of ‘compulsory retirement’ on customs officer for misconduct


KARACHI: Federal Board of Revenue (FBR) has awarded a customs officer with major penalty of ‘compulsory retirement from service’ on the charges of misconduct.

FBR notifies transfer, postings of auditors


ISLAMABAD: Federal Board of Revenue (FBR) has notified transfer and postings of senior auditors of Inland Revenue in order to fill the human resource requirement for meeting enhancing audit activities.

‘Pakistani exporters supplying substandard, poor quality goods to Afghanistan’


KARACHI: Pakistani exporters are supplying substandard and poor quality goods to Afghanistan, particularly pharma goods, which was major reason behind falling trade between Pakistan and Afghanistan.

Only result showing exporters to avail incentive package: Dar


ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar on Thursday said that the export incentive package announced by the prime minister will only available for those exporters who show results.

NFIS approves Digital Transaction Accounts scheme


ISLAMABAD: National Financial Inclusion Council (NFIS) has approved the scheme for Digital Transaction Accounts (DTA), which will help build ecosystem of digital financial services in the country.

Investors of National Savings enabled to receive monthly profit through bank accounts


KARACHI: State Bank of Pakistan (SBP) has enabled the investors of National Savings to draw their monthly profits through their bank accounts instead visiting the National Saving Centers.

Revised lists under export control act notified


ISLAMABAD: The government has issued revised control lists under the Export Control Act of 2004. The Act enables the government to control export, re-export, trans-shipment and transit of goods, technologies, material and equipment related to Nuclear and Biological Weapons and their Delivery Systems.

ECC approves package for exporters; incentives to be available till June 30, 2018

ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet has approved the package for exporters announced by the Prime Minister. The package will have an estimated financial impact of Rs180 billion, and is applicable for the period from January 16, 2017, till June 30, 2018.

Estacode provisions circulated for combating corruption in Pakistan Customs


KARACHI: Federal Board of Revenue (FBR) has circulated a notification for all field staff of Pakistan Customs for implementation of rules related to curbing corruption in the organization.

FBR assigns postings to 61 fresh assistant commissioners


KARACHI: Federal Board of Revenue (FBR) has assigned postings to 61 fresh assistant commissioners (BS-17) of Inland Revenue after completing training at Directorate of Training and Research (Inland Revenue) Lahore.