Anti-smuggling campaign goes further, DG I&I Imtiaz Ahmed arrives in Karachi
KARACHI: In order to finalize the grand crackdown against smuggling, Director General Intelligence & Investigation (I&I) Customs, Imtiaz Ahmed has reached Karachi and had meetings with Asif...
View ArticleCustoms file urgent application before Supreme Court of Pakistan in Valuation...
KARACHI: An application for urgent hearing was field before Supreme Court by Director General Valuation, Collector Custom MCC East and Chairman FBR to hear a case about provisional release of imported...
View ArticleSHC asks Customs to file recovery application before liquidator in Kamoke...
KARACHI: Justice Nadeem Akhtar of High Court of Sindh (SHC) on Tuesday dismissed an application by Pakistan Customs to become intervenor in a liquidation proceedings pertaining to Kamoke Power Plant....
View ArticleMCC Gwadar foils bid to smuggle 800 liquor bottles, 774 beer tins worth Rs...
KARACHI: Model Customs Collectorate (MCC) Gwadar has foiled a bid to smuggle 800 bottles of liquor worth Rs 28 million and 774 tins of beer worth Rs 464,400. On a tip of to Saeed Akram Collector of...
View ArticlePSAA prays to Sindh High Court versus MCC (Preventive), FBR to declare...
KARACHI: Pakistan Ship Agents Association (PSAA) prayed to Sindh High Court making parties Model Customs Collectorate (Preventive), Federal Board of Revenue (FBR) and secretary (L and P) FBR to...
View ArticleMastermind of bogus ST refund scam sent to jail
KARACHI: The Federal Special Court of Customs Taxation and Anti-Smuggling has sent a prime suspect of multi-million bogus refund scam Faraz Haroon Memon to jail who was arrested by the Directorate of...
View ArticleFBR Chairman inaugurates LTU-II
KARACHI: Federal Board of Revenue (FBR) Chairman Nisar Mohammad Khan has inaugurated Large Taxpayers Unit-II here on Tuesday. In order to cater higher tax collection in country, the FBR expanded the...
View ArticleRTO-III identifies thirty ghost employees
KARACHI: The sub-division of Inland Revenue Service (IRS), Regional Tax Office (RTO-III), Karachi has identified thirty ghost employees while all concerned zonal officers are requested to trace them by...
View ArticleIRS-Karachi facing human resource deficit of 567 officers
KARACHI: In a meeting with Standing Committee of National Assembly on Finance, Revenue, Economic Affairs, Statistics and Privatization on Friday, the Inland Revenue Service (IRS) Karachi officials...
View ArticleIRS demands 184 vehicles in meeting with Standing Committee of National Assembly
KARACHI: In a bid to accelerate the rate of tax recovery, the Federal Board of Revenue (FBR)’s wing Inland Revenue Service (IRS) has demanded 184 vehicles, sources informed Custom News. On Friday, in a...
View ArticleFBR advises I&I-IR to furnish details of politicians, doctors, sportsmen,...
KARACHI: The Federal Board of Revenue (FBR), accelerating the drive against big fishes, asked all directors of Intelligence & Investigation- In land Revenue (I&I-IR) to furnish the updated...
View ArticleFBR investigating Asian Intl Hair Transplant
KARACHI: The Federal Board of Revenue (FBR)’s wing, Directorate of Intelligence & Investigation-Inland Revenue (I&I-IR) in its ongoing actions against high net worth individuals has visited the...
View ArticleI&I-IR raids fashion designer ‘Tabbasum Mughal’ for alleged tax evasion
KARACHI: The Federal Board of Revenue (FBR)’s wing, Directorate of Intelligence & Investigation-Inland Revenue (I&I-IR), speeding up the ongoing drive against high net worth individuals,...
View ArticleFBR proposes changes in IT Rules 2002 for CGT re-computing
KARACHI: The Federal Board of Revenue (FBR) has proposed draft of certain further amendments to add provision in Rule 13N of Income Tax Rules, 2002 to provide for mechanism for determining/rectifying...
View ArticleFBR unearths a number of unregistered units in cigarette manufacturing sector
KARACHI: The Federal Board of Revenue (FBR)’s wing, Directorate of Intelligence & Investigation-Inland Revenue (I&I-IR) has exposed several unregistered business units in cigarette...
View ArticleFBR likely to waive penalty on non-filing of withholding statements
KARACHI: Minister of State and Special Assistant to the Prime Minister on Revenue, Haroon Akhtar, has saidon Friday that the government will consider to withdraw penalty notices issued against...
View ArticleTribunal disallows tax officers to invoke Section 122(5A) unnecessarily
KARACHI: A larger bench of Appellate Tribunal Inland Revenue Karachi has barred the tax officers from forwarding unlimited enquiries to the taxpayers under section 122(5A) of the Income Tax Ordinance,...
View ArticleGovernment to give FBR civil court powers under ‘Benami Transaction Act 2016’
KARACHI: The Federal Board of Revenue (FBR) shall, for the purpose of ‘Benami Transaction (Prohibition) Act’, 2016 have the same powers as are vested in a civil court under the Code of Civil Procedure...
View ArticleI&I-IR raids Karachi Command and Control Center’s founder company
KARACHI: The Federal Board of Revenue (FBR)’s wing, Directorate of Intelligence & Investigation-Inland Revenue (I&I-IR), speeding up the ongoing drive against tax evaders, conducted a raid on a...
View ArticleInland Revenue detects tax evasion, fraud on part of Chase Up chain of...
KARACHI: The Federal Board of Revenue (FBR)’s wing, Directorate of Intelligence & Investigation-Inland Revenue (I&I-IR) Karachi has raided Chase Up shopping city for evading taxes and...
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