Author: Mrs. Anjum Shahnawaz

  • FBR notifies transfers, postings of 21 BS-19 customs officers

    FBR notifies transfers, postings of 21 BS-19 customs officers

    ISLAMABAD: Federal Board of Revenue (FBR) on Thursday announced transfers and postings of officers of Pakistan Customs Service (PCS) BS-19 with immediate effect and until further orders.

    Transfers and postings of following officers have been notified:

    01. Mr. Sajjad Hyder Jhin Jhin (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Collector, Collectorate of Customs (Adjudication-I), Karachi from the post of Additional Director, Directorate of IPR Enforcement (South), Karachi.

    02. Muhammad Amir Thahim (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Collector, Model Customs Collectorate of Appraisement (West), Karachi from the post of Additional Collector, Model Customs Collectorate of Preventive, Karachi.

    03. Muhammad Saeed Watto (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Collector, Model Customs Collectorate of Preventive, Lahore from the post of Additional Collector, Model Customs Collectorate of Appraisement (West), Karachi.

    04. Muhammad Ashfaq (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Collector, Model Customs Collectorate of Preventive, Lahore from the post of Additional Collector, Model Customs Collectorate, Islamabad.

    05. Asdaq Afzal Sensera (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Collector, Model Customs Collectorate of Appraisement, Lahore from the post of Additional Collector, Model Customs Collectorate, Multan.

    06. Junaid Ahmed Memon (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Collector, Model Customs Collectorate, Hyderabad from the post of Additional Director, Directorate General of Transit Trade, Karachi.

    07. Ms. Saadia Sheeraz (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Director, Directorate General of Transit Trade, Karachi from the post of Additional Director, Directorate General of Customs Valuation, Karachi.

    08. Sheeraz Ahmad (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Director, Directorate of Intelligence & Investigation, FBR, Karachi from the post of Additional Collector, Model Customs Collectorate of Appraisement (East), Karachi.

    09. Syed Ali Abbas Gardezi (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Collector, Model Customs Collectorate of Preventive, Multan from the post of Additional Collector, Model Customs Collectorate of Appraisement, Lahore.

    10. Rehmatullah Vistro (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Director, Directorate General of Transit Trade, Karachi from the post of Additional Collector, Model Customs Collectorate of Appraisement (West), Karachi.

    11. Ms. Nawabzadi Aliya Dilawar Khanji (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Director, Directorate of Reforms and Automation (Customs), Karachi from the post of Additional Collector, Collectorate of Customs (Adjudication-I), Karachi.

    12. Muhammad Talib Hussain (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Director, Directorate General of Internal Audit (Customs), Islamabad from the post of Additional Collector, Collectorate of Customs(Adjudication), Faisalabad.

    13. Aamer Nawaz Hamid (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Collector, Model Customs Collectorate (JIAP), Karachi from the post of Additional Collector, Model Customs Collectorate, Hyderabad.

    14. Abdul Haye Sheikh (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Collector, Model Customs Collectorate, Gwadar from the post of Additional Director, Directorate General of Transit Trade, Karachi.

    15. Muhammad Rashid Munir Siddiqui (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Director, Directorate General of Reforms & Automation (Customs), Islamabad from the post of Additional Collector, Model Customs Collectorate of Appraisement, Lahore.

    16. Ms. Shalra Khan (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Collector, Model Customs Collectorate of Appraisement, Lahore from the post of Additional Director, Directorate General of Post Clearance Audit, Islamabad.

    17. Ms. Asma Hameed (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Collector, Chief Collector Customs Enforcement (Central), Lahore from the post of Additional Collector, Collectorate of Customs (Adjudication), Faisalabad.

    18. Yasser Wahab Kalwar (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Collector, Model Customs Collectorate of Preventive, Quetta from the post of Additional Director, Directorate of Reforms and Automation (Customs), Karachi.

    19. Ms. Sumaira Omar (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Collector, Collectorate of Customs (Adjudication), Faisalabad from the post of Additional Director, Directorate of Post Clearance Audit, Lahore.

    20. Ms. Farhat Ali (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Director, Directorate of Post Clearance Audit, Lahore from the post of Additional Collector, Collectorate of Customs (Adjudication), Lahore.

    21. Wajid Ali (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Collector, Model Customs Collectorate of Appraisement (West), Karachi from the post of Additional Director, Directorate of Intelligence & Investigation, FBR, 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.

  • KSE-100 index makes gain for third consecutive session

    KSE-100 index makes gain for third consecutive session

    KARACHI: The stock market gained for third consecutive trading session on Wednesday owing to improved confidence of investors.

    The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 30,973 points as against 30,419 points showing an increase of 554 points.

    The market so far gained 2209 points during the past three trading sessions.

    Analysts at Arif Habib Limited said that the market continued the ascent on the third consecutive session today, with an overall increase of 554 points giving confidence to the retail and institutional Investors alike that perhaps the worst is over.

    Index heavy weights such as OGDC, HBL, UBL, ENGRO, LUCK played a major role in pulling up the Index. Buying was observed almost across the board, with major impact coming from Banks and Fertilizer sectors.

    Among scrips, HUBC played a major role in improving the sentiment, whereas TRG and MLCF posted volumes in excess of 10 million each.

    Sectors contributing to the performance include Banks (+122 points), Fertilizer (+87 points), Power (+85 points), Cement (+77 points), E&P (+69 points).

    Volumes slightly declined from 142.6 million shares to 134.5 million shares (-6 percent DoD). Average traded value also declined by 4 percent to reach US$ 33.8 million as against US$ 35.3 million.

    Stocks that contributed significantly to the volumes include TRG, MLCF, BOP, ISL and KEL, which formed 30 percent of total volumes.

    Stocks that contributed positively include HUBC (+69 points), ENGRO (+64 points), UBL (+55 points), LUCK (+41 points) and HBL (+36 points). Stocks that contributed negatively include IGIHL (-6 points), DAWH (-5 points), BAHL (-4 points), SHFA (-4 points) and EFUG (-4 points).

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  • SBP issues Islamic financing scheme for renewable energy projects

    SBP issues Islamic financing scheme for renewable energy projects

    KARACHI: State Bank of Pakistan (SBP) on Wednesday issued a new scheme of Islamic financing for renewable energy power projects.

    The central bank said that it had issued IH&SMEFD Circular No. 01 dated February 22, 2019 introducing Mudarabah based ‘Islamic Financing Facility for Renewable Energy (IFRE)’ for Islamic Banking Institutions (IBIs) and DFIs having authorized Islamic financing operations.

    Now an updated Islamic Financing Facility for Renewable Energy (IFRE) is being issued. This updated IFRE shall supersede and replace the Facility issued vide above-mentioned Circular.

    The financing under IFRE is now available to the customers under three categories, as given below:

    Category I: Prospective sponsors desirous of setting up renewable energy power projects with a capacity ranging from more than 1 MW and up-to 50 MW for their own use, selling electricity to the national grid (including distribution companies) or combination of both.

    Category II: Prospective sponsors desirous of installing renewable energy source based projects/ solutions for generation of electricity up-to 1 MW.

    Category III: Vendors and suppliers certified under AEDB Certification Regulation 2018 for installation of wind and solar systems on lease basis or selling of electricity to ultimate owners/users.

    The SBP shall make Mudarabah investment in general pool of Participating Islamic Financial Institutions (PIFIs) under IFRE. Mudarabah investment of SBP in IFRE shall be available upto maximum financing limit of eligible projects as prescribed under each category of the Scheme.

    IFRE shall be effective immediately and financing shall be available for projects achieving financial close under Category I and new sanctions under Category II or III after date of issuance of this Circular and up-to June 30, 2022 only.

    The IBIs and DFIs having authorized Islamic financing operations under permission of SBP may submit their requests for the status of Participating Islamic Financial Institution (PIFI) keeping in view the criteria given in the facility.

    They may also apply for allocation / assignment of limit for the current financial year. These requests may be submitted latest by 15th May each year. For the financial year 2019-20, these requests may be submitted within 30 days from the date of issuance of this Circular.

    The IBIs and DFIs having authorized Islamic financing operations under permission of SBP which have already submitted their requests for status of PIFI and allocation of limit under earlier version, issued vide IH&SMEFD Circular No. 01 dated February 22, 2019, need not resubmit their requests unless they desire to revise amount of their requested limits.

    However, they will be required to submit their updated operations/process manual aligned with this Scheme.

  • Meezan Bank, CarFirst sign MoU for Islamic financing

    Meezan Bank, CarFirst sign MoU for Islamic financing

    KARACHI: Meezan Bank, Pakistan’s leading Islamic bank has signed a Memorandum of Understanding (MoU) with CarFirst to provide Shariah-compliant financing solutions to customers for the purchase of used cars.

    CarFirst’s online system is backed by network of inspection centers all over Pakistan for purchase and exchange of used vehicles.

    Arshad Majeed, Group Head Consumer Finance – Meezan Bank and Raja Murad Khan – Chief Executive Officer and Co-Founder of CarFirst signed the MOU between the two organizations.

    Under the MoU, Meezan Bank will provide Shariah-compliant financing solutions to customers for the purchase of used cars through CarFirst’s platform.

    CarFirst and Meezan Bank will also jointly work on developing innovative financing products for purchase of used vehicles, that will be offered through CarFirst’s platform.

    Speaking at the occasion, Arshad Majeed expressed his appreciation that this initiative will provide Meezan Bank’s Car Ijarah customers uniquely structured car financing solutions for certified used cars.

    He further added that this alliance will facilitate consumers by making the financing of used cars available to a larger number of customers.

    Commenting on the occasion Raja Murad Khan said, “CarFirst, Pakistan’s most trusted used car trading platform, looks forward to offering tailored solutions to Meezan Bank and its customers for their automotive needs.”

  • Rupee makes gain in interbank

    Rupee makes gain in interbank

    KARACHI: The Pak Rupee gained two paisas against dollar on Wednesday owing to lower demand for import payments and contraction in current account deficit.

    The rupee ended 158.58 to the dollar from previous day’s closing of Rs158.60 in interbank foreign exchange market.

    Currency experts said that contraction in current account deficit and lower demand for import payment help the rupee to maintain levels.

    The foreign currency market was initiated in the range of Rs158.73 and Rs158.78. The market recorded day high of Rs158.76 and low of Rs158.57 and closed at Rs158.58.

    The exchange rates in open market were remained stable, The buying and selling of dollar was recorded at Rs158.50/Rs159.00, the same previous day’s closing level, in cash ready market.

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  • Pakistan, USAID partner to streamline customs, trade procedures

    Pakistan, USAID partner to streamline customs, trade procedures

    ISLAMABAD: The Federal Board of Revenue (FBR) and US Agency for International Development (USAID) through its Pakistan Regional Economic Integration Activity (PREIA), jointly organized a one-day Stakeholders’ workshop on Pakistan Single Window (PSW) for managing Pakistan’s external trade at a local hotel in Islamabad.

    The objective of the workshop was to encourage stakeholders’ participation and collaboration in making trade related processes more efficient, effective and transparent in line with globally accepted best practices under the World Trade Organization’s Trade Facilitation Agreement (TFA).

    Single window is a key trade facilitation tool that helps countries improve efficiencies in the area of custom clearance, increase the speed at which goods can move, and reduce the overall cost of trade.

    The Pakistan Single Window is therefore one of the most important reforms needed to improve Pakistan’s trade competitiveness, and ultimately stimulate economic growth and prosperity.

    The conference brought together more than 70 participants from the public and private sector including government officials from key trade regulators, members of various chambers of commerce, trade bodies and business associations, and representatives of the international donor community collaborating with FBR on various aspects of the PSW.

    While speaking at the event, the Member Customs Jawwad Owais Agha said: “Pakistan Single Window is the most significant cross border trade facilitation initiative to have been undertaken by the Government of Pakistan.”

    He added, “In order to successfully implement this program, Pakistan Customs has not only deployed capable resources but has also allocated part of the GD fee fund to fast track the in-house development and early deployment of the PSW.

    “We hope that with continued support from participating government departments and development partners, Pakistan Customs will be able to implement this program in time.”

    The Pakistan Single Window will provide an electronic platform for the provision of services to traders. It is hoped that introduction of PSW will bring together all the stakeholders on one single platform that will further improve the process of cross-border trade, enabling businesses to expand their operations and effectively reduce the clearance time.

    While delivering remarks at the conference, USAID’s Acting Director for Office of Economic Growth and Agriculture Malick Haidara said, “Today’s workshop is a continuation of our collaborative efforts with Pakistan Customs and FBR to enhance the understanding and capacity of the stakeholders to manage the complex reforms resulting from PSW implementation.”

    Pakistan Regional Economic Integration Activity (PREIA), US AID is providing active technical assistance to the PSW initiative since its inception in order to ensure the development and early deployment of the PSW system.

    Implementation of the PSW is one of the many activities that USAID supports in Pakistan to contribute towards economic growth of the country and is indicative of the United States Government’s commitment to support Pakistan’s economy by fostering a business friendly environment and expanding trade opportunities. In the end, FBR thanked all development partners especially (PREIA), US AID for their active support to PSW.

  • Crescent Star plans to bring Hollywood’s iconic Fatburger into Pakistan

    Crescent Star plans to bring Hollywood’s iconic Fatburger into Pakistan

    KARACHI: Crescent Star Foods (Pvt) Limited has announced plans to bring Hollywood’s iconic Fatburger into Pakistan.

    Crescent Start Insurance Limited in a notification sent to Pakistan Stock Exchange (PSX) on Wednesday said that its subsidiary Crescent Star Foods (Pvt.) Limited announced plans to bring Fat Burger and Buffalo’s Express concept in Pakistan.

    It said that the announcement made by the Last Great Hamburger Stand is as follow:

    The Last Great Hamburger Stand™ has announced plans for the development of five co-branded Fatburger and Buffalo’s Express concepts in Pakistan. In partnership with Crescent Star Foods (Pvt), the co-branded restaurants will increase the brand’s presence in Pakistan.

    “Our partners and friends at Crescent Star Foods (Pvt) not only know the business, but they know and care about the people of Pakistan,” said Andy Widerhorn, CEO of FAT Brands.

    “We couldn’t be more thrilled to work with them to bring our delicious, homemade burgers and wings to Pakistan residents and visitors.”

    Crescent Star Foods is owned by Crescent Star Insurance, a relatively small insurance company in terms of its gross premiums.

    FAT Brands (FAT) is a leading global franchising company that strategically acquires, market and develops fast casual and casual dining restaurants concepts around the world. The company currently owns eight restaurant brands: Fatburger, Buffalo’s Café, Buffalo’s Express, Hurricane Grill & Wings, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 400 units worldwide.

    “Hollywood’s iconic Fatburger is best known for its mouthwatering, juicy burger made famous by founder Lovie Yancy in Los Angeles more than 70 years ago. Buffalo’s Express further complements Fatburger’s manu offering with fresh, never frozen, boneless and bone-in chicken wings made with over 13 different sauces.”

  • FBR issues draft rules for managing risks on clearance of goods, passengers

    FBR issues draft rules for managing risks on clearance of goods, passengers

    ISLAMABAD: Federal Board of Revenue (FBR) has notified draft rules for risk management system (RMS) for customs clearance of goods and passengers.

    The FBR issued an SRO to issue draft Risk Management System Rules.

    Through the draft the role and responsibilities of the Directorate General of Risk Management (DGRM) have been explained.

    According to the draft rules, the DGRM shall:

    (i) Manage risks pertaining to Customs clearance of goods and passengers;

    (ii) Plan and implement strategies using various risk management tools and techniques specific to particular transaction types relating to imports, exports and transit of goods and clearance of international passengers;

    (iii) Monitor, evaluate and review Risk Management System based on changing national and international trends and feedback from different stakeholders;

    (iv) Examine clearance patterns of various sectors and commodities to identify, analyze and evaluate risks and develop mitigation strategies and present the same to Risk Management Committee (RMC) for approval and implementation;

    (v) Develop system whereby different stakeholders’ compliance levels are determined. Stakeholders with high compliance level are given different treatment in the system. This may serve as a precursor for developing Authorized Economic Operators (AEO) program;

    (vi) Periodically review and address risks identified by the Risk Management Committees (RMCs);

    (vii) Putting in place a system whereby information and intelligence is shared with other regulatory authorities and businesses to identify risks and evolve strategies to enhance compliance level;

    (viii) Coordinate with Directorate General of Training & Research (DGTR) for training of officers responsible for implementing the RMS in major customs locations;

    (ix) Coordinate with Directorate General of Post Clearance Audit to work out parameters for identification of entities and sectors for conducting post clearance audits and after completion of audits, findings are communicated to DGRM in structured formats for improving RMS;

    (x) Coordinate with Directorate General of Intelligence and Investigation-Customs (DG I&I) to get feedback in the structured format after completion of investigations of cases or studies undertaken by the (DG I&I);

    (xi) Maintain security and confidentiality of the RMS, data and records;

    (xii) Devise a mechanism to maintain security and confidentiality of RMS and relevant record;

    (xiii) Conduct outreach programs for different stakeholders to improve voluntary compliance;

    (xiv) Carry out periodical evaluation of the system to identify infrastructure requirements including logistics, HR, IT tools and techniques for upgradation and improvement of RMS; and

    (xv) Keep the Federal Board of Revenue apprised of the developments in RMS.

    The FBR also proposed Risk Management Committee (RMC), under which:

    (i) There shall be a Risk Management Committee (RMC), headed by a BS-21 officer of Customs and shall comprise as many BS-19 and BS-20 officers of Customs as may be notified by the Board, which will convene the RMC meetings to review functioning and supervise implementation of the RMS. The Committee may invite any officer of Customs and representatives of other government departments to assist the RMC whenever required;

    (ii) The head of RMC will nominate an officer of the Committee to serve as Secretary of the Committee;

    (iii) Meetings of RMC shall be convened at least once every month. The RMC shall perform the following key functions:

    (a) Review of the performance of the RMS;

    (b) Review of risk parameters and behavior of important risk indicators;

    (c) Set benchmarks for interventions or interceptions focusing on targeting the risky consignments or entities.

  • SRB suspends sales tax registration of Chinese sanitation firm

    SRB suspends sales tax registration of Chinese sanitation firm

    KARACHI: Sindh Revenue Board (SRB) on Tuesday suspended sales tax registration of a Chinese sanitation firm for defaulting sales tax payment and failure to file monthly sales tax returns.

    The SRB issued notice on August 20, 2019 to suspend registration of M/s. Hangzhou Jinjiang Group Sanitation Services Co. Pakistan (Private) Limited.

    The provincial revenue body said that the company had failed to make payment of sales tax on services for the four consecutive months i.e. April, May, June and July 2019. Similarly, the company has also failed to comply with mandatory filing of monthly returns for the same months.

    The SRB in its notice informed the company that its sales tax registration had been suspended with immediate effect. However, suspension would be revoked if the company takes remedial measures of depositing outstanding amount and file all pending returns on or before August 26, 2019.

    The SRB warned that in case of non-satisfactory response or failure to take remedial measures as advised above on or before August 26, the matter shall be further proceeded for further necessary penal action under the Act, 2011.

  • FBR transfers 37 Commissioners of Inland Revenue

    FBR transfers 37 Commissioners of Inland Revenue

    ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday notified transfers and postings of 37 Commissioners of Inland Revenue Service (IRS) in BS-19-20 with immediate effect under further orders.

    Following officers have been transferred and posted by the FBR:

    01. Dr. Shahid Siddiq Bhatti (Inland Revenue Service/BS-20) has been transferred and posted as Director, Directorate of Internal Audit (Inland Revenue), Lahore from the post of Commissioner, (Zone-VII) Corporate Regional Tax Office, Lahore.

    02. Mehmood Hussain Jafari (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-VII) Corporate Regional Tax Office, Lahore from the post of Director, Directorate of Law, Lahore.

    03. Dr. Muhammad Sarmad Qureshi (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-IV) Corporate Regional Tax Office, Lahore from the post of Commissioner, (Zone-II) Regional Tax Office II, Lahore.

    04. Imtiaz Ali Solangi (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-VI) Corporate Regional Tax Office, Karachi from the post of Commissioner, (IP/TFD) Corporate Regional Tax Office, Karachi.

    05. Muhammad Irfan Raza (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-I) Large Taxpayers Unit, Lahore from the post of Director, Directorate of Internal Audit (Inland Revenue), Lahore.

    06. Dr. Shah Khan (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue Inland Revenue (Appeals), Peshawar from the post of Commissioner, (Corporate Zone) Regional Tax Office, Peshawar.

    07. Ms. Shazia Abid (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-IV) Regional Tax Office II, Karachi from the post of Commissioner, (Zone-IV) Large Taxpayers Unit, Karachi.

    08. Amjad Farooq (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-II) Large Taxpayers Unit, Lahore from the post of Commissioner, (Zone-III) Large Taxpayers Unit, Lahore.

    09. Sajjad Taslim Azam (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Jhang Zone) Regional Tax Office, Faisalabad from the post of Commissioner, (Zonve-V) Regional Tax Office II, Lahore.

    10. Muhammad Jamil Bhatti (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue Inland Revenue (Appeals-III), Lahore from the post of Commissioner, Regional Tax Office, Sialkot.

    11. Ms. Hina Akram (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-I) Regional Tax Office II, Karachi from the post of Commissioner, (Zone-II) Corporate Regional Tax Office, Karachi.

    12. Ms. Farhat Qayum (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (City Zone) Regional Tax Office, Rawalpindi from the post of Director, Directorate of Internal Audit (Inland Revenue), Islamabad.

    13. Adnan Inamullah Khan (Inland Revenue Service/BS-20) has been transferred and posted as Director, Directorate of Internal Audit (Inland Revenue), Rawalpindi from the post of Commissioner, (City Zone) Regional Tax Office, Rawalpindi.

    14. Muhammad Khalid Malik (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (WHT) Regional Tax Office, Sargodha from the post of Commissioner, (Lyallpur Zone) Regional Tax Office, Faisalabad.

    15. Maqsood Jahangir (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-IV) Large Taxpayers Unit, Islamabad from the post of Commissioner, (Zone-IV) Corporate Regional Tax Office, Karachi.

    16. Ahsan Raza Ch. (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-II) Regional Tax Office, Sargodha from the post of Commissioner, (Jhang Zone) Regional Tax Office, Faisalabad.

    17. Ms. Irum Sarwar (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Chenab Zone) Regional Tax Office, Faisalabad from the post of Commissioner, (WHT) Regional Tax Office, Faisalabad.

    18. Muhammad Anwar (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Corporate Zone) Regional Tax Office, Faisalabad from the post of Commissioner, (Zone-I) Regional Tax Office, Gujranwala.

    19. Muhammad Naveed Akhtar (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (HRM) Large Taxpayers Unit, Lahore from the post of Commissioner, Inland Revenue (Appeals-III), Lahore.

    20. Muhammad Majid (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-II) Regional Tax Office II, Lahore from the post of Commissioner, (Zone-I) Large Taxpayers Unit, Lahore.

    21. Muhammad Shaukat Hayat Cheema (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-I) Large Taxpayers Unit,
    Islamabad from the post of Commissioner, (East Zone) Regional Tax Office, Islamabad.

    22. Khaliq Farooq Mian (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (WHT) Regional Tax Office, Sialkot from the post of Commissioner, (WHT) Regional Tax Office, Gujranwala.

    23. Muhammad Asghar Khan Niazi (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Rahim Yar Khan Zone) Regional Tax Office, Bahawalpur from the post of Commissioner, (Zone-I) Regional Tax Office, Abbottabad.

    24. Dr. Muhammad Aslam Mari (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-II) Corporate Regional Tax Office, Karachi from the post of Commissioner, (Zone-I) Regional Tax Office II, Karachi.

    25. Lal Muhammad Khan (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-IV) Regional Tax Office III, Karachi from the post of Commissioner, (WHT) Regional Tax Office (RTO) II , Karachi.

    26. Zafar Rafiq Siddiqui (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-V) Corporate Regional Tax Office, Karachi from the post of Commissioner, (Zone-IV) Regional Tax Office III, Karachi.

    27. Ch. Javed Anwar (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (WHT) Regional Tax Office, Gujranwala from the post of Commissioner, (Corporate Zone) Regional Tax Office, Faisalabad.

    28. Muhammad Ali (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-I) Regional Tax Office III, Karachi from the post of Commissioner, (Zone-II) Regional Tax Office, Sukkur. The officer will join his duties at his new place of posting w.e.f 01.09.2019. i.e. the date when Hasnain Brohi (IRS/BS-20) proceeds on Ex-Pakistan leave.

    29. Muhammad Tariq Jamal Khattak (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Corporate Zone) Regional Tax Office, Peshawar from the post of Commissioner, Inland Revenue (Appeals), Peshawar.

    30. Shabih-ul-Aijaz (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-III) Large Taxpayers Unit, Lahore from the post of Commissioner, (HRM) Large Taxpayers Unit, Lahore.

    31. Abdul Hameed Anjum Arayn (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (WHT) Regional Tax Office II, Karachi from the post of Chief, (Legal Wing) Federal Board of Revenue (Hq), Islamabad.

    32. S. Jaffar Raza Kazmi (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-IV) Corporate Regional Tax Office, Karachi from the post of Commissioner, (Zone-IV) Regional Tax Office II, Karachi.

    33. Jamshed Fakhri Dahir (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-III) Large Taxpayers Unit, Islamabad from the post of Commissioner, (Zone-IV) Corporate Regional Tax Office, Lahore.

    34. Abdul Qadir Shaikh (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-III) Corporate Regional Tax Office, Karachi from the post of Commissioner, Inland Revenue (Appeals-II), Karachi.

    35. Jibran Masroor (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-V) Regional Tax Office II, Lahore from the post of Commissioner, (WHT) Regional Tax Office, Sialkot.

    36. Muhammad Aslam (Cost Accountant/BS-20) has been transferred and posted as Chief (Cost Accounting), Corporate Regional Tax Office, Lahore from the post of Chief (Cost Accounting), Regional Tax Office, Multan.

    37. Asif Rasool (Inland Revenue Service/BS-19) has been transferred and posted as Commissioner Inland Revenue (OPS) (Sahiwal Zone) Regional Tax Office, Sahiwal from the post of Commissioner, (OPS) (IP/TFD/HRM) Regional Tax Office, Sahiwal.

    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.