FBR starts verifying imported goods in spot checking of markets, shopping plazas

ISLAMABAD: Federal Board of Revenue (FBR) has decided to launch mega crackdown against smuggled goods and in this regard joint teams of the revenue body will visit markets and shopping plazas in major cities of the country from September 01, 2019. The FBR on Saturday issued a notification related to anti-smuggling drive, which highlighted the […]

by Mrs. Anjum Shahnawaz

Karachi traders criticize FBR for not including in consultative committee

Aug 17

Taxation, Trade & Industry

Karachi traders criticize FBR for not including in consultative committee

KARACHI: Traders’ associations of Karachi have criticized Federal Board of Revenue (FBR) for not including representatives of small traders and shopkeepers from the commercial hub of the country in newly constituted committee for fixed tax scheme. Javed Shams, President, Anjuman e Tajeran Sindh (Karachi Division) on Saturday expressed reservation for not giving representations the trade […]

by Mrs. Anjum Shahnawaz

Foreign exchange reserves increase by $557 million to $15.577 billion

Aug 17

Finance

Foreign exchange reserves increase by $557 million to $15.577 billion

KARACHI: The foreign exchange reserves of the country have increased by $557 million to $15.577 billion by week ended August 09, 2019 as compared with $15.02 billion a week ago, State Bank of Pakistan (SBP) said on Saturday. The foreign exchange reserves held by the central bank were increased by $535 million to $8.264 billion […]

by Mrs. Anjum Shahnawaz

FBR constitutes consultative committee for fixed tax scheme

Aug 17

Taxation

FBR constitutes consultative committee for fixed tax scheme

ISLAMABAD: The chairman of Federal Board of Revenue (FBR) on Friday constituted a committee to finalize fixed tax scheme and simplified tax procedure for traders. The committee has been constituted comprising following members: 01. Ms. Nausheen Amjad, Member (TPA) – Convener 02. Faheem ul Haq, Member, Accounting 03. Ms. Seema Shakeel, Member (IR-Operations) 04. Dr. […]

by Mrs. Anjum Shahnawaz