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Author Archives: Shahid Minhas

Supreme Court issues notices in Rs 1.5 billion refund claim case

ISLAMABAD: The Supreme Court has issued notices in an appeal filed by Pakistan Customs against Mumtaz Ghani Textiles (Private) Limited. According to the details, a three member bench comprising Chief Justice Anwar Zaheer Jamali, Justice Amir Hani Muslim and Justice Umar Ata Bandial heard the case and suspended the orders passed by the Sindh High Court. Earlier, the SHC ordered ... Read More »

FBR to handle non-filer govt officials strictly

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to take stern action against non-filer employees and officers, it is learnt here. Sources said that FBR has sent letters to the higher authorities of all divisions, ministries and its subordinate institutes directing them to ensure the submission of tax returns of their employees and officers. They added that FBR will bring ... Read More »

Rawalpindi Customs Intelligence seizes smuggled items worth Rs 402m in over one year

ISLAMABAD: Directorate General Customs Intelligence and Investigation Rawalpindi has seized contraband items worth Rs 402.4 million and registered 80 cases against the smugglers, while arrested 16 suspects during July 2014 to September 2015. According to the details, Customs Intelligence confiscated 7,733,719 yards of cloth worth Rs 62 million involving duty/taxes amounting to Rs 3.3 million, 40,413 kilograms of smuggled black ... Read More »

PQA Chairman tenure to end in December

ISLAMABAD: Port Qasim Authority (PQA) Chairman Agha Jan Akhtar will retire after completion of his services in December but there are chances that he may get extension in his tenure, it is learnt here. According to sources, three names will be sent for the chairmanship of the Port Qasim Authority this month, but viewing his good performance in the department, he ... Read More »

FBR employees action committee demands resumption of performance allowance

ISLAMABAD: The All Pakistan Federal Board of Revenue Employees Action Committee (APFBRAC) has threatened the federal government that the employees will go on a strike if their performance allowance is not resumed. According to details, the action committee has sent a letter to the Finance Minister, demanding not only 100 percent increase in the performance allowance, but also resumption of the allowance ... Read More »

ANF arrests drug peddler at Islamabad airport

ISLAMABAD: Anti-Narcotic Force (ANF) foiled an attempt to smuggle heroin to Abu Dhabi at Benazir Bhutto International Airport Islamabad and arrested the accused who has gulped the heroin-filled capsules, on the spot. According to the details, ANF team intercepted a passenger Wahdat Khan who was going to Abu Dhabi through private airlines NL-551on suspicion and during interrogation the suspect accepted ... Read More »

ANF foils attempt to smuggle heroin at Islamabad Airport

ISLAMABAD: The Anti-Narcotic Force (ANF) has foiled an attempt to smuggle heroin to Abu Dahbi at Benazir Bhutto International Airport (BBIAP) Islamabad and arrested the accused on the spot. According to details, the ANF has recovered 120 capsules from Wahdat Khan which were eaten by the accused during searching at BBIAP Islamabad. The ANF sources added that the ANF team ... Read More »

IR seals property office on money-laundering charges

ISLAMABAD: Directorate Intelligence and Investigation Inland Revenue (IR) Federal Board of Revenue (FBR) has raided Descent Property Dealer’s office in Blue Area Islamabad and sealed the office. Acting on an information that the owner of the Descent Property Dealer, whose named is not disclosed, is involved in the money-laundering and some famous and high level of people are also involved in ... Read More »

Peshawar Customs recovers 1,600 iPhones worth Rs 50 million

ISLAMABAD: The Model Customs Collectorate Peshawar has recovered 1,600 iPhones and smart phones worth Rs 50 million and arrested three accused persons on the spot. Sources told Customs Today that an information was received by Collector Customs, Model Customs Collectorate (MCC-Peshawar) Qurban Ali Khan about a bid to smuggle the latest models of phones. Sources added that as the smuggler passenger came ... Read More »

Customs Peshawar sells 13,450 bags of confiscated sugar to facilitate affectees of October 26

ISLAMABAD: Model Customs Collectorate (MCC) Peshawar has sold 13,450 confiscated bags of sugar to Utility Stores Corporation of Pakistan (USCP) at Chitral, Upper Dir and Shangla to facilitate the recent earthquake affectees. After the recent earth quake in Northern areas of Pakistan, Collector Customs, and MCC Peshawar Qurban Ali Khan decided to sell sugar bags to USCP at low rates ... Read More »

FBR assigns powers to customs chief collectors to transfer BS-17-19 officers

ISLAMABAD: Federal Board of Revenue (FBR) has assigned powers to the chief collectors of Pakistan Customs for transfer and posting of the officers ranking from BS-17 to BS-19. According to the details, FBR has issued a notification, stating that the chief collectors of customs i.e Customs-North, Central, Enforcement and Appraisement will use the powers within their jurisdiction. The notification also ... Read More »

Excise forms teams for recovery of property tax

ISLAMABAD: The Excise and Taxation Rawalpindi has constituted teams for the recovery of property tax as the  5 percent concessional rate date has already expired on Saturday. According to sources, the Excise and Taxation Department had announced 5 percent concession on property tax  till October 31, the department appealed to the property owners to avail the benefit of concession and pay their tax. Sources added that the ... Read More »

National Accountability Bureau recovers Rs 4.5 billion this year

ISLAMABAD: The National Accountability Bureau (NAB) has recovered Rs 4.5 billion during the current fiscal year.According to sources, NAB received 19,900 applications for the recovery in 2013 while in 2014 it has received 40,770 applications which shows that the application rate has been doubled as the NAB is implementing the national anti-corruption strategy and making the organization more efficient.Sources added that NAB has settled 243 ... Read More »

ANF to produce film to create awareness against drug addiction

ISLAMABAD: The Anti-Narcotics Force (ANF) has decided to produce a movie on the topic of drugs for the awareness of public, especially the youth. According to the sources, the ANF has decided to take this initiate to spread more awareness about high usage and harms of illicit drugs in the youth, because the youth are more tend to media, especially ... Read More »

World Bank still not issued funds to FBR for data warehouse

ISLAMABAD: The establishment of data warehouse/bank in Federal Board of Revenue (FBR) could not be implemented so far as World Bank has not released funds for the project. According to the sources, the FBR was set to start working for developing data bank and buying equipments in November but as the funds are not issued yet, the project is just ... Read More »

Federal govt decides to maintain 0.3pc WHT on banking transaction for November

ISLAMABAD: The federal government has decided to maintain 0.3 percent withholding tax rate on banking transaction in November as well. According to details, Federal Finance Minister Ishaq Dar has agreed during a meeting with traders that 0.3 percent rate of withholding tax will be imposed till the matter is resolved. Sources added that the Federal Board of Revenue (FBR) will prepare a summery and ... Read More »

FBR replies to Cabinet Division about up-gradation of BPS-16 officers

ISLAMABAD: The Federal Board of Revenue (FBR) has responded to the Cabinet Division about the up-gradation of BPS-16 officers to BPS-17 that their up-gradation will not affect the duty of the Assistant Collectors (ACs) because ACs belong to Pakistan Customs Service while the BS-16 officers belong to Departmental Cadre of Customs. As per details, the FBR has informed the Cabinet ... Read More »

SHC grants protective bail to four Customs officials

KARACHI: The Sindh High Court (SHC) on Wednesday granted protective bail to the four customs officers who were accused of manhandling lawyers on the premises of a lower court. A single bench comprising Justice Aftab Ahmed Gorar granted 15-day protective bail to Pakistan Customs’ I&P Branch’s officers, including Aijaz Ahmed Khoso, Akbar Ahmed Khan, Syed Azhar Mehdi and Zubair, against surety ... Read More »

Customs Intelligence Islamabad seizes Rs23.3m smuggled goods

ISLAMABAD: Directorate General Customs Intelligence and Investigation Rawalpindi seized Rs 32.3 million of smuggled goods during the first quarter of Fiscal Year 2015-16. According to details, Directorate General Customs Intelligence and Investigation Rawalpindi seized Rs32.3 million of smuggled goods having duty taxes of Rs8.6million in anti-smuggling drive during the first three months of the current FY in Rawalpindi. Rs4.5 million ... Read More »

ANF Court awards six months jail term to Bosnian lady smuggler

ISLAMABAD: The Anti-Narcotics Special Court has sentenced a Bosnian woman smuggler to six months imprisonment and imposed a fine of Rs 30,000 in a heroin smuggling case. According to details ANF team, arrested lady smuggler named Amer Muziek and recovered 700grams of heroin from her possession at Benazir International Airport Islamabad five months ago and registered a case of smuggling against ... Read More »