Author: Mrs. Anjum Shahnawaz

  • National Savings connects with Raast payment system

    National Savings connects with Raast payment system

    KARACHI: State Bank of Pakistan (SBP) on Sunday announced successful integration of Central Directorate of National Savings (CDNS) with Raast payment system.

    “Now customers of CDNS can receive their payments directly into their bank accounts without going to branches,” the SBP said.

    READ MORE: SBP launches free P2P money transfer under Raast

    Through this integration with Raast, customers receive their payments in bank accounts in a free, fast and secure way. This will make life easier for those interested in saving schemes, the central bank said.

    CDNS is the first Government entity on-boarded on Raast that will greatly extend SBP’s efforts to digitize payments in Pakistan.

    Raast is Pakistan’s first instant payment system that has enabled end-to-end digital payments among individuals, businesses and government entities instantaneously.

    READ MORE: PM Imran launches 2nd phase of Raast payment system

    The state-of-the-art Pakistan’s Faster Payment System has been used to settle small-value retail payments in real time while at the same time provide a cheap and universal access to all players in the financial industry including commercial banks, microfinance banks, government entities and fintechs (EMIs & PSPs).

    Pakistan has had low electronic transactions for a number of reasons including low banking penetration, lack of trust and awareness of digital payment methods, limited interoperability, difficult accessibility and high cost of transactions. The Real Time Gross Settlement System (RTGS) of Pakistan provides instant payment settlements for large value and corporate transactions only.

    Recently, the SBP withdrew transactional limits of payments made through Raast System i.e. Raast Person-to-Person (P2P) Payment System.

    READ MORE: SBP withdraws Raast payment transaction limits

    The SBP issued Circular No. 02 dated March 15, 2022 and stated that to further facilitate users of Raast services it has been decided that with effect from April 1, 2022, there will be no transactional limits on Raast system by SBP.

    Banks/MFBs/EMIs may however set, in their system Raast transaction limits for their customers based on their risk profile in compliance with the relevant Anti-Money Laundering (AML)/Counter Financing of Terrorism (CFT) requirements.

    READ MORE: CDC successfully processes dividends through RAAST payment gateway

    Further, through previous Circular No. 01 dated February 03, 2022, in terms of para 3 (f) of the circular, customer transaction limits for Raast payments shall not be less than Rs.200,000/- per transaction or the transaction limits applicable as per the account type and prescribed by SBP from time to time.

    The aggregate customer limit assigned to Raast payments shall not be less than the Interbank Fund Transfer (IBFT) limit, the SBP said.

  • Pakistani Rupee to UK Pound Sterling on May 22, 2022

    Pakistani Rupee to UK Pound Sterling on May 22, 2022

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on May 22, 2022:

    Buying: Rs 246.00 to the UK Pound Sterling

    Selling: Rs 248.50 to the UK Pound Sterling

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:51 AM Pakistan Standard Time (PST).

    The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

  • Import ban not to apply on L/C issued before May 19, 2022

    Import ban not to apply on L/C issued before May 19, 2022

    ISLAMABAD: The ministry of commerce on Saturday issued a clarification stating that the import ban will not be applicable on Bill of Lading (B/L) or Letter of Credit (L/C) issued prior to ban decision.

    In order to address the balance of payments (BOP) situation in the country resulting from the increase in current account deficit (CAD) during the first 10 month of the current fiscal year 2021/2022, import of certain luxury and non-essential items has been prohibited, vide SRO 598(1)/2022 dated May 19, 2022.

    READ MORE: Pakistan’s imports hit record high at $65.47 bn in 10 months

    However, to address the concerns of certain business quarters with regard to the implementation of the said SRO, it is clarified that in terms of proviso to the paragraph-4 of the Import Policy Order, 2022, the imports where Bill of Lading (B/L) or irrevocable Letter of Credit (L/C) was issued or established prior to the notification of the SRO 598(1)/2022 dated 19.05.2022 shall be exempt from the operation of the SRO.

    READ MORE: Pakistan’s March trade deficit widens by only 5.5%

    Hence, imported goods for which B/L or irrevocable L/C was established prior to May 19, 2022 shall not be subject to the prohibitions contained in the said SRO.

    Moreover, the business community and the general public are invited to share their concerns, proposals or any anomalies with respect to the said SRO at [email protected]. Ministry of Commerce would respond to them at the earliest.

    READ MORE: Pakistan’s trade deficit widens to $32 billion in 8MFY22

    Previously, the ministry of commerce amended Import Policy Order, 2022 through SRO 587(I)/2022 to ban import of luxury and non-essential items.

    The government banned the import of items, included: aerated water and juices; automotive in Completely Built Unit (CBU); sanitary and bathroom wares; carpets (excluding from Afghanistan); Chandeliers and Lightening Devices or Equipment; Chocolates; cigarettes; corn flakes etc.; cosmetics and shaving items; tissue papers; crockery; decoration / ornamental articles; dog and cat food; doors and window frames; fish; footwear; fruits and dry fruits; furniture; home appliances CBU; ice cream; jams, jellies and preserved fruits; luxury leather jackets and apparels; matters and sleeping bags; frozen or processed meat; mobile phones CBU; musical instruments; pasta etc.; arms and ammunition; shampoos, sunglasses; tomato ketchup and sauces; and travelling bags and suitcases.

    READ MORE: Pakistan’s trade deficit widens by 92% in seven months

  • FBR notifies promotion of three IRS officers to BS-22

    FBR notifies promotion of three IRS officers to BS-22

    The Federal Board of Revenue (FBR) has officially announced the promotion of three officers from the Inland Revenue Service (IRS) to the highest rank of BS-22.

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  • FBR promotes customs officers to principal appraisers

    FBR promotes customs officers to principal appraisers

    ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday May 17, 2022 promoted appraising and valuation officers (BS-16) of Pakistan Customs to the post of principal appraisers with immediate effect.

    Following are the names of promoted officers and their place of posting on promotion;

    01. Amir Shuja, Directorate of Post Clearance Audit (South), Karachi.

    READ MORE: Customs foils bid to smuggle Qatari Riyals

    02. Muhammad Moosa Solangi, Collectorate of Customs Exports, Port Muhammad Bin Qasim (PMBQ), Karachi.

    03. Khaliq-ur-Rehman, Collectorate of Customs Appraisement (PMBQ), Karachi.

    04. Muhammad Abbas Lakhwera, Collectorate of Customs, Jinnah International Airport, Karachi.

    05. Anwer Zaib, Collectorate of Customs, PMBQ, Karachi.

    READ MORE: FBR tightens monitoring to prevent currency smuggling

    06. Muhammad Asghar, Collectorate of Customs (Export), PMBQ, Karachi.

    07. Shafaqat Rasool, Collectorate of Customs Appraisement, Faisalabad.

    08. Maqsood Ahmed, Collectorate of Customs Appraisement (PMBQ), Karachi.

    09. Shair Khan, Directorate General of Transit Trade, Karachi.

    10. Abdul Samad Surahio, Collectorate of Customs (Export), PMBQ, Karachi.

    READ MORE: Rupee falls for 8th straight day; dollar hits Rs192.53

    11. Amir Hussain, Collectorate of Customs Appraisement (PMBQ), Karachi.

    12. Nadeem ur Rehman, Collectorate of Customs Appraisement (PMBQ) Karachi.

    13. Junaid Ahmed, Directorate General of Transit Trade, Karachi.

    14. Iftikhar Ahmad Bhutter, Collectorate of Customs (Allama Iqbal International Airport), Lahore.

    15. Zaki ur Rab Khan, Collectorate of Customs Appraisement (East), Karachi.

    16. Shakir Ali, Collectorate of Customs Appraisement (East) Karachi.

    17. Amjad Ali, Collectorate of Customs Appraisement (West) Karachi.

    READ MORE: Multan customs auctions smuggled diesel oil on May 18, 2022

    18. Miskeen Shah, Directorate of Post Clearance Audit (South) Karachi.

    19. Syed Abbas Raza, Collectorate of Customs Appraisement (PMBQ) Karachi.

    20. Muhammad Ishaq, Collectorate of Customs Appraisement, Faisalabad.

    21. Muhammad Hanif Abid, Collectorate of Customs (Enforcement), Multan.

    22. Imran Ali, Collectorate of Customs Appraisement, Faisalabad.

    23. Ms. Sadia Abdullah, Directorate of Input-Output Coefficient Organization (IOCO) Central, Lahore.

    The FBR said that the officers will be on probation for a period of one year, extendable for further period, not exceeding one year, provided that if no order is issued by the day following the termination of probationary period, the appointment shall deemed to be held until further order.

    The officers already drawing performance allowance equal to 100 per cent of basic pay will continue to draw it on their promotion, the FBR added.

    They are allowed to actualize their promotion at their present place of posting against the available vacancies in BS-16.

  • Nasira Anjum gets bumper prize of FBR’s 5th POS invoice draw

    Nasira Anjum gets bumper prize of FBR’s 5th POS invoice draw

    ISLAMABAD: Nasira Anjum, a customer of Imtiaz Provision Store, has been awarded with the bumper prize of Rs 1 million in fifth computerized draw conducted by the Federal Board of Revenue (FBR) on Monday.

    The computerized balloting was conducted on the basis of invoices issued by Point of Sales (POS) of Tier-1 Retailers.

    READ MORE: FBR announces prize winners of 4th POS invoice draw

    The second prize of Rs500,000 each won by Shahida Latif on the invoice issued by Shaheen Chemist and Muhammad Rashid Shujja on the invoice issued by Jalal Sons.

    Meanwhile, four prizes of Rs250,000 each awarded to Salman Ahmad Siddiqui, Fahim Badar, Nauman Alfred and Naila Nadeem on the invoices issued by Mine Save Mart, Imtiaz Provision Store, Imtiaz Provision Store and Dwatson Chemist, respectively.

    It was the fifth computerized draw of the ongoing efforts of the Federal Board of Revenue (FBR) to attract people for documenting the sales made through Tier-1 retailers.

    READ MORE: FBR announces winners of third POS invoice draw

    The FBR conducts draw every 15th of the month. This month the 15th was on Sunday so it was held a day after. The first draw was held on January 15, 2022.

    The FBR encouraged people to actively participate in the balloting to win prizes after buying from POS integrated retailers.

    The FBR previously issued a procedure for participating in the prize scheme.

    The revenue body said that the customers of the integrated tier-1 retailers, whose names and CNICs are notified through random computerized draw shall be entitled to prizes in respect of their purchases from the integrated tier-1 retailers.

    READ MORE: FBR announces prize winners in second POS invoice balloting

    The customers are required to verify the electronically generated invoice of integrated retailers either through the “tax asaan” application or by sending SMS to number 9966.

    The application shall notify the customer regarding the status of the invoice either as “verified” or “unverified”.

    In case of a verified invoice, the customer shall furnish one time, the following detail to the online system, namely:- Name; CNIC; and Mobile number.

    Names and CNICs of the customers shall be included in the random computerized draw upon fulfillment of the requirement.

    READ MORE: FBR announces winners of first POS prize draw

    In case of an unverified invoice, the customer shall report the same through the system. The Board shall conduct inquiry and take appropriate action under the relevant provisions of law.

    The computerized draw for the prizes shall be held in the first week of every month at the FBR Headquarters and the invoices of the immediately preceding month shall be entered in the draw.

    Draw winners shall be required to perform biometric verification, at the nearest e-sahulat facility of NADRA and submit a scanned copy on the “tax assan” application. After successful biometric verification, winners shall be required to provide their IBAN through a “tax asaan” application.

    The total prize money and the denomination of the prizes shall be decided on month to month basis by the Board.

  • ECC approves Rs55.48bn for price differential claims of OMCs

    ECC approves Rs55.48bn for price differential claims of OMCs

    ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved an amount of Rs55.48 billion for payment of price differential claims of Oil Marketing Companies (OMCs).

    Federal Minister for Finance and Revenue Miftah Ismail presided over a meeting of the Economic Coordination Committee (ECC) of the Cabinet at Finance Division.

    READ MORE: Govt. decides to continue subsidy on petroleum prices

    Federal Minister for Industries and Production Makhdoom Syed Murtaza Mehmood, Minister of State for Finance & Revenue Dr. Aisha Ghous Pasha, Minister of State for Petroleum Musadik Masood Malik, Federal Secretaries and senior officers attended the meeting.

    Petroleum Division submitted a summary for reimbursement of Price Differential Claims (PDCs) of Oil Marketing Companies (OMCs) and Refineries.

    READ MORE: Pakistan cuts petroleum prices amid Russia-Ukraine War

    The price differential is to be paid to the Oil Marketing Companies/Refineries by the Government as a subsidy in the wake of Government’s decision to keep the petroleum products’ prices fixed at the level notified on March 01, 2022.

    The ECC after deliberation approved supplementary grant of Rs. 55.48 billion for disbursement of PDC to OMCs/Refineries for the first fortnight of May, 2022.

    READ MORE: New government keeps petroleum prices unchanged

    Due to continuously rising trend of oil prices in the international market, the quantum of subsidy has been on higher side.

    Ministry of Industries and Production submitted a summary on import of Urea and presented that the government intends to create better stock for Urea fertilizer to ensure continuity of Urea supply during next financial year and requested for allowing import of Urea from international market in order to stabilize the local market.

    The ECC after discussion allowed Trading Corporation of Pakistan (TCP) to explore the possibility of import of 200,000 MT of Urea on G2G basis and on deferred payment.

    READ MORE: Pakistan surrenders to IMF, agrees to remove subsidies

  • Customs foils bid to smuggle Qatari Riyals

    Customs foils bid to smuggle Qatari Riyals

    ISLAMABAD: Pakistan Customs has foiled a bid to smuggle Qatari Riyals worth $38,500 at Peshawar Airport, a statement said on Monday, May 16, 2022

    Pakistan Customs has seized Qatri Reyals worth $38,500 at Peshawar Airport. A passenger named Imran Khan, Passport No. 1570-65304-1 resident of Dir Upper was departing for Qatar via Qatar Airlines, on May 15, 2022 (Sunday) from Bacha Khan International Airport (BKIA), Peshawar.

    READ MORE: FBR tightens monitoring to prevent currency smuggling

    After giving him an opportunity to declare the currency at the Currency Declaration Desk established in the Departure Hall, his baggage was searched upon suspicion.

    It led to the recovery of 1,46,000 Qatari Riyals being illegally smuggled out of Pakistan. He was asked to justify legal custody of the currency. However, he failed to do so. Therefore, the currency has been withheld and the accused has been arrested by the Customs staff at BKIA for further legal proceedings under the law.

    READ MORE: Rupee falls for 8th straight day; dollar hits Rs192.53

    Chairman FBR/Secretary Revenue Division, Asim Ahmad has commended the successful operation by the Customs team at BKIA and reiterated his unflinching resolve to fight the menace of currency smuggling across Pakistan.

    READ MORE: Multan customs auctions smuggled diesel oil on May 18, 2022

    It is also pertinent to mention that Chairman FBR has already issued special instructions to Customs Field Formations for stepping up vigilance at airports and land border stations to frustrate any attempts made for currency smuggling.

    READ MORE: FBR rebuts currency smuggling to Afghanistan

  • Govt. decides to continue subsidy on petroleum prices

    Govt. decides to continue subsidy on petroleum prices

    ISLAMABAD: The coalition government led by PML-N has decided to continue the subsidy on prices of petroleum products in order to prevent people from high prices.

    Finance Minister Miftah Ismail on Sunday May 15, 2022 announced to maintain the prices of petroleum products at the same level, which were announced by the previous PTI government.

    READ MORE: Pakistan cuts petroleum prices amid Russia-Ukraine War

    On February 28, 2022, former Prime Minister Imran Khan announced reduction in prices of petroleum products and freeze the prices till June 30, 2022. This decision came with announce of multi-billion rupees subsidy to keep the fuel prices lower.

    This decision was strongly criticized by the legislators, who are now sitting on the treasury benches. The present government despite strong opposition to the decision to grant of subsidy on the petroleum prices, has no option but to keep the prices unchanged during its tenure of more than a month.

    READ MORE: New government keeps petroleum prices unchanged

    According to the statement the new prices of the petroleum products effective from March 01, 2022 are:

    The price of petrol slashed by Rs10 to Rs149.86 per liter from Rs159.86.

    The rate of high speed diesel has been reduced by Rs10 to Rs144.15 per liter from Rs154.15.

    The price of kerosene oil has been brought down by Re1 to Rs125.56 per liter from Rs126.56.

    Similarly, the rate of light diesel oil has been slashed by Rs5.66 to Rs118.31 per liter from Rs123.97.

    Miftah Ismail on Sunday said despite increasing prices of petroleum products Prime Minister Shehbaz Sharif had decided not to transfer the burden of price hike on masses.

    The decision has been taken at a time when the government is going to discuss loan program under Extended Fund Facility (EFF) with the International Monetary Fund (IMF). Under this program, the government has already agreed to raise the prices of petroleum products by removing subsidies.

    READ MORE: Pakistan surrenders to IMF, agrees to remove subsidies

    The IMF issued the following statement on April 24, 2022:

    “We had very productive meetings with the Finance Minister of Pakistan Miftah Ismail over Pakistan’s economic developments and policies under the Extended Fund Facility (EFF) program.

    “We agreed that prompt action is needed to reverse the unfunded subsidies which have slowed discussions for the 7th review.

    “Based on the constructive discussions with the authorities in Washington, the IMF expects to field a mission to Pakistan in May to resume discussions over policies for completing the 7th EFF review.

    “The authorities have also requested the IMF to extend the EFF arrangement through June 2023 as a signal of their commitment to address existing challenges and achieve the program objectives.”

    READ MORE: Pakistan raises petrol price to record high at Rs160/liter

    Miftah Ismail in its latest statement said: “PTI government has destroyed economy of the country.”

    The Minister said agriculture sector was badly ignored and resultantly Pakistan imported wheat worth of six hundred million dollars last year. He said this year wheat worth of $1.5 billion will have to be imported.

    Miftah Ismail said prices of flour soared up from 35 rupees per kg to 80 rupees per kg in last four years.

    Talking about sugar price, Miftah Ismail said that government is providing cheap sugar and it has directed to further decrease the price of commodity. He also said the government will not import sugar this year.

  • FBR transfers IRS officers of BS-17 to BS-20

    FBR transfers IRS officers of BS-17 to BS-20

    ISLAMABAD: The Federal Board of Revenue (FBR) has transferred officers of Inland Revenue Service (IRS) of BS-17 to BS-20 with immediate effect under further orders.

    The FBR in a notification issued on May 14, 2022 transferred the following IRS officers:

    01. Sajjad Akbar Khan (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue, (Zone-I) Regional Tax Office, Sargodha from the post of Commissioner, (Audit-II) Large Taxpayers Office, Karachi.

    READ MORE: FBR tightens monitoring to prevent currency smuggling

    02. Sajjad Taslim Azam (Inland Revenue Service/BS-20), who is presently posted as Commissioner, (Audit-I) Large Taxpayers Office, Lahore, has been assigned the additional charge of the post of Commissioner-IR (Legal), Large Taxpayers Office, Lahore, as per Rules.

    03. Nadeem Bashir (Inland Revenue Service/BS-20) has been transferred and posted as Director, (Program Office) Reforms & Modernization Federal Board of Revenue (Hq), Islamabad from the post of Commissioner, (Zone-I) Regional Tax Office, Abbottabad.

    04. Muhammad Ejaz Khan (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue, (Enforcement-I) Medium Taxpayers office, Karachi from the post of Commissioner, (Legal) Medium Taxpayers office, Karachi. The officer is also assigned the additional charge of the post of Commissioner-IR (Legal), Medium Taxpayers Office, Karachi, as per Rules.

    READ MORE: Rupee falls for 8th straight day; dollar hits Rs192.53

    05. Haroon Masood (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue, (Zone-II) Regional Tax Office, Abbottabad from the post of Commissioner, (WHT) Regional Tax Office, Abbottabad.

    06. Ms. Nafeesa Satti (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue, (ICTO Zone) Regional Tax Office, Islamabad from the post Director, (Program Office) Reforms & Modernization Federal Board of Revenue (Hq), Islamabad.

    07. Zulfiqar Ali Syed (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue, (Audit-II) Large Taxpayers Office, Karachi from the post of Commissioner, (Enforcement-II) Large Taxpayers Office, Karachi.

    READ MORE: FBR rebuts currency smuggling to Afghanistan

    08. Hammal Baloch (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue, (Enforcement-II) Large Taxpayers Office, Karachi from the post of Commissioner, (Enforcement-I) Medium Taxpayers office, Karachi.

    09. Fazal-e-Subhan (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue, (Zone-I) Regional Tax Office, Abbottabad from the post of Commissioner, (Zone-II) Regional Tax Office, Abbottabad.

    10. Murtaza Siddique Khan (Inland Revenue Service/BS-19) has been transferred and posted as Chief, (OPS) (WHT) Directorate General of Withholding Taxes Federal Board of Revenue (Hq), Islamabad from the post Chief (OPS), (SPR&S-I) Strategic Planning Reforms & Statistics Federal Board of Revenue (Hq), Islamabad.

    11. Pervez Ahmad Shar (Inland Revenue Service/BS-19) has been transferred and posted as Chief, (OPS) (Legal-II) Legal-IR Wing Federal Board of Revenue (Hq), Islamabad from the post of Commissioner, (OPS) (WHT) Regional Tax Office, Bahawalpur.

    12. Ali Muhammad (Inland Revenue Service/BS-19) has been transferred and posted as Additional Director, Addl. Directorate of Internal Audit (Inland Revenue), Rawalpindi from the post of Secretary, (PAC-IDT) Audit & Accounting Federal Board of Revenue (Hq), Islamabad.

    READ MORE: Multan customs auctions smuggled diesel oil on May 18, 2022

    13. Shakeel Ahmad Ejaz (BS-18) has been transferred and posted as Second Secretary, (PAC-IDT) Audit & Accounting Federal Board of Revenue (Hq), Islamabad from the post of Assistant Director (Audit), Regional Tax Office, Islamabad.

    14. Mian Muhammad Ibrahim (BS-18) has been transferred and posted as Second Secretary, (PAC-DT) Audit & Accounting Federal Board of Revenue (Hq), Islamabad from the post of Assistant Director (Audit), Regional Tax Office, Islamabad.

    15. Irfanullah (Inland Revenue Service/BS-18) has been transferred and posted as Additional Commissioner Inland Revenue, (OPS) Corporate Tax Office, Islamabad from the post of Deputy Commissioner, Regional Tax Office, Abbottabad.

    16. Iftikhar Masood Khan (Inland Revenue Service/BS-18) has been transferred and posted as Additional Commissioner Inland Revenue, (OPS) Regional Tax Office, Lahore from the post of Deputy Commissioner, Large Taxpayers Office, Lahore.

    17. Muhammad Tariq (Inland Revenue Service/BS-18) has been transferred and posted as Additional Commissioner Inland Revenue, (OPS) Regional Tax Office, Peshawar from the post of Deputy Commissioner, Regional Tax Office, Peshawar.

    18. Rashid Mahmood Khan Bhettani (Inland Revenue Service/BS-18) has been transferred and posted as Additional Director, (OPS) Addl. Directorate of Internal Audit (Inland Revenue), Peshawar from the post of Second Secretary, (PAC-DT) Audit & Accounting Wing Federal Board of Revenue (Hq), Islamabad. The officer is also assigned the additional charge of the post of Additional Director (OPS), Additional Directorate of Internal Audit (IR), Abbottabad, as per Rules.

    19. Ms. Amna Sharif (Inland Revenue Service/BS-17) has been posted (on joining) as Deputy Commissioner Inland Revenue, (OPS) Regional Tax Office, Peshawar.

    The FBR said that the officers who are drawing performance allowance prior to issuance of this notification shall continue to draw this allowance on the new place of posting.