ISLAMABAD: Federal Board of Revenue (FBR) has adopted harmonized system (HS) – 2022 on the recommendations of the World Customs Organization (WCO).
(more…)Author: Mrs. Anjum Shahnawaz
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Pakistan plans shifting government offices to solar power
ISLAMABAD: Pakistan has planned to shift the government offices to solar power by April 2023 to slash oil import bill of the country.
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Customs collectorates to facilitate trade till midnight on Dec 31
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday directed customs collectorates to facilitate trade in payment of duty and taxes till midnight on December 31, 2022.
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Pakistan may surprise in next petroleum price revision on Dec 31
ISLAMABAD: Pakistan may surprise in next revision of petroleum prices scheduled on December 31, 2022 amid political uncertainty and mounting inflationary pressure.
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FBR issues SRO to impose 5pc regulatory duty on yarn amid protest
ISLAMABAD: Federal Board of Revenue (FBR) has issued a SRO to impose regulatory duty at 5 per cent on import of polyester yarn despite protest by business community.
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Dar directs FBR to achieve true tax potential
ISLAMABAD: Finance Minister Mohammad Ishaq Dar has directed Federal Board of Revenue (FBR) to achieve true tax potential in the country.
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Tax offices to observe extended working hours on Dec 30-31 for collection
Islamabad: The Federal Board of Revenue (FBR) has announced that tax offices will remain open on December 30-31, 2022, to accommodate the year-end rush for the collection of duties and taxes.
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Pakistan issues official petroleum prices applicable till Dec 31
Pakistan has issued official petroleum prices that will remained applicable till December 31, 2022. The official prices of petroleum products from December 16, 2022 to December 31, 2022 are:
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FBR set to disable mobile phones, utility connections of non-filers
ISLAMABAD: Federal Board of Revenue (FBR) is identifying persons, who are liable to file annual income tax returns but failed to discharge liability, for disabling their mobile phones and utility connections.
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Customs launches operation against illegal cross-border foreign currency movement
ISLAMABAD: Pakistan Customs has launched operation against illegal cross-border movement of foreign currency and other valuables.
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