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Tag: Regional Tax Office

  • RTO-III Karachi to examine income of all salary persons of private sector

    RTO-III Karachi to examine income of all salary persons of private sector

    KARACHI: Regional Tax Office (RTO) –III Karachi has been authorized to examine incomes all salary persons in private sector within the jurisdiction of Karachi division.

    The Federal Board of Revenue (FBR) issued revised jurisdiction order for RTO-III Karachi effective from October 03, 2019.

    The Zone-I of the regional tax office will have authority to exercise powers regarding assessment of incomes of all private sector employees falling within the limits of former civil division of Karachi. (All former towns falling under the jurisdiction of RTO-II & RTO-III, Karachi).

    The Zone – I of the RTO also assigned jurisdiction over all classes of cases, persons or classes of persons (corporate and non-corporate) of following sectors other than those specifically assigned to Large Taxpayers Unit (LTU)/LTU-II Karachi, Corporate RTO, Karachi or RTO-II, Karachi or any other zone of RTO-III Karachi whose place of business is situated in the areas falling within the limits of areas falling within the limits of former Bin Qasim Town, Gadap Town, Gulberg Town, Gulshan-e-Iqbal Town, Korangi Town, Landhi Town, Malir Town, New Karachi Town, North Nazimabad Town, including New Nazimabad, Shah Faisal Town and within the limits of Faisal Cantonment, Korangi Cantonment and Malir Cantonment:

    i. Manufacturer, exporter, importer, distributor/wholesaler and retailer of textile and textile products and fabrics including ginning, spinning, sizing, weaving, bleaching, dyeing, printing, calendaring, mercenzing and other allied processing etc, whole names begin with alphabet A t Z.

    ii. Manufacturer, importer, exporter, distributor/wholesaler and retailer of garments, terry towels and other made ups whose names begin with alphabet A to Z.

    iii. Manufacturer, importer, exporter, distributor/wholesaler and retailer of carpets whose names begin with alphabet A to Z.

    iv. Manufacturer, importer, exporter distributor/wholesaler and retailer of surgical goods and sports goods whose names begin with alphabet A to Z.

    v. Manufacturer, importer, exporter distributor/wholesaler and retailer of leather tanneries whose names begin with alphabet A to Z.

  • KTBA, RTOs discuss budget proposals

    KTBA, RTOs discuss budget proposals

    KARACHI: The office bearers of Karachi Tax Bar Association (KTBA) discussed budget proposals 2019/2020 with Chief Commissioners of Inland Revenue on Wednesday.

    The chief commissioners Inland Revenue from Regional Tax Offices (RTOs) Karachi including Shafqat Kehar, Badaruddin Ahmed Qureshi and Muhammad Ali Khan.

    The chief commissioners visited the KTBA and met newly elected office bearers.

    Both the sides discussed budgetary proposals and other matters of common interest.

    KTBA president Rehan Siddiqi apprised the senior tax officials about the problems faced by members of the bar.

    He suggested measures to improve understanding between tax departments and tax practitioners.

    The chief commissioners assured full support to remove trust gap between tax collector and taxpayers and underscored the need to broaden the tax base.

    The chief commissioners sought bar’s help for the purpose which was assured by the KTBA president as such both sides further agreed to keep in touch to resolve issues.