Karachi, May 23, 2024 — The Federal Board of Revenue (FBR) on Thursday released a list of customs officers whose dates of birth (DOB) remain unverified in official records.
(more…)Author: Shahnawaz Akhter
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KCCI Proposes Measures to Combat Fraud by Foreign Suppliers
Karachi, May 23, 2024 — In a bid to protect importers from fraudulent activities by foreign suppliers, the Karachi Chamber of Commerce and Industry (KCCI) has presented a comprehensive plan to the tax authorities.
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ATIR Rules Super Tax Not Payable on FTR Income
Karachi, May 23, 2024 — In a significant ruling, the Appellate Tribunal Inland Revenue (ATIR), Karachi, has determined that super tax is not applicable to income falling under the Final Tax Regime (FTR) for exporters.
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OICCI Recommends Withholding Tax Exemption for Milk
Karachi, May 22, 2024 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has recommended exempting milk from withholding tax in its proposals for the 2024-25 budget.
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OICCI Urges Revival of Zero-Rated Regime for Pharma Industry
Karachi, May 22, 2024 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has called for the restoration of the zero-rated regime for the pharmaceutical industry in its proposals for the upcoming budget 2024-25.
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FBR Directs IR Officials to Submit Documents for Age Verification
Islamabad, May 22, 2024 – The Federal Board of Revenue (FBR) has issued a directive on Wednesday, instructing officials of Inland Revenue (IR) to submit attested documents for age verification purposes.
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Pakistan Exports $800 Million to Poland Due to GSP Plus: Envoy
Karachi, May 22, 2024 – The Ambassador of the Republic of Poland, Maciej Pisarski, announced that Pakistan exports to Poland have reached $800 million due to the Generalized System of Preferences (GSP) Plus arrangement.
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FPCCI Highlights Malpractices in Pakistan Customs
Karachi, May 22, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) spotlighted widespread malpractices within Pakistan Customs on Wednesday, calling for comprehensive reforms to address the issue.
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FBR Issues Instructions on Budget Exercise 2024-25
ISLAMABAD, May 22, 2024 – The Federal Board of Revenue (FBR) issued new instructions on Wednesday related to the budget exercise for 2024-25. The FBR announced that the budget exercise has commenced at its headquarters in Islamabad, and as a result, it has banned the entry of visitors to maintain the security and confidentiality of the process.
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Chinese Companies Show Interest in Pakistan Refinery Limited
KARACHI, May 22, 2024 – Chinese companies have expressed keen interest in partnering with Pakistan Refinery Limited (PRL) on its ambitious Refinery Expansion and Upgrade Project (REUP).
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