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Ayyan Ali uses VIP lounge for foreign visits

ISLAMABAD: Supermodel Ayyan Ali used to sit in the VIP lounge with reference of very renowned personalities for money laundering. According to details, the joint investigation committee of the Federal Board of Revenue (FBR) is investigating allegedly behind Ayyan Ali and helped her to get VIP lounge. The committee is also investigating the reasons why some renowned personalities, including PPP ... Read More »

FBR Chairman Bajwa leaves for Dubai to take part in policy-level talks with IMF

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Bajwa has left for Dubai to take part in the policy-level talks between Pakistan and the International Monetary Fund (IMF) starting from today (Wednesday). Talks will continue for the next three days for 7th Review under the $6.64 billion extended fund facility (EFF) programme. The policy-level talks for the 6th Review were ... Read More »

Central Development Working Party clears 7 projects worth Rs 180.07b

ISLAMABAD: Seven Projects worth Rs 180.07 billion, including landmark Lahore Orange Line Metro, were cleared in the Central Development Working Party (CDWP) meeting chaired by the Federal Minister Planning , Development and Reform Prof Ahsan Iqbal. The Punjab government will launch the Lahore Orange Line Metro Train project through its own resources with concessional loan from China. “It will be ... Read More »

Dar emphasizes on expansion, renewing of urban infrastructure

ISLAMABAD: Over 3,000 delegates concluded hectic debates on the current development issues facing the Asia and Pacific region, and the Asian Development Bank’s (ADB) role in addressing them. The four-day 48th Annual Meeting of the Asian Development Bank (ADB) held with title “Fostering Partnership for Development,” proved to be much more than a mere theme, since the Meeting resulted in ... Read More »

Pakistan, Azerbaijan, Tajikistan agree to fast track completion of infrastructure under CAREC

ISLAMABAD: Pakistan, Azerbaijan and Tajikistan agreed to fast track completion of the Central Asia Regional Economic Cooperation (CAREC) to achieve the regional connectivity in the domains of transport, trade facilitation, energy and trade policy. CAREC is an Asian Development Bank (ADB) supported initiative established in 1997 to encourage economic cooperation among countries in the Central Asian region. In particular, cooperation ... Read More »

Rawalpindi Directorate of Intelligence seizes non-duty paid motorcycle

ISLAMABAD: Directorate of Intelligence & Investigation-FBR Regional office Rawalpindi has seized a non-duty paid foreign origin used motorcycle. According to details, Customs Intelligence and Investigation staff intercepted a smuggled motorcycle, but its owner Abbas Khan failed to produce import documents except registration book photocopies of data entry form, assessment receipt of vehicle, vehicle computerization form, letter no.5571/e&t/Peshawar dated 03.02.11, verification ... Read More »

Pakistan and Tajikistan vow to take bilateral trade volume to $500 million

ISLAMABAD: Pakistan and Tajikistan agreed that all efforts should be made to achieve the target of $500 million of bilateral trade. Pakistan has also pressed Afghanistan for expeditious response on different spheres from the Afghan side, including road link between Pakistan and Tajikistan through Ishkashim (Afghanistan) and Joint Power Project on Kunar River. At two separate forums held here as ... Read More »

Rawalpindi Anti-Smuggling staff seizes Rs9 m foreign origin BOP Film

ISLAMABAD: Anti-Smuggling Staff of Directorate of I&I-FBR Regional Office Rawalpindi has recovered the 229-Rolls (3520) kg foreign origin BOP Film. According to details in pursuance of information the Anti-Smuggling Staff of Directorate of I&I intercepted a Mazda mini truck bearing Registration No E-1263, coming from Peshawar side near Koh-e-Noor mill Rawalpindi. Thorough search of the bus was conducted in the ... Read More »

Dar for implementation of Trade Liberalisation Programme under SAFTA

Finance minister says South Asia remains a highly protected region in terms of regional integration ISLAMABAD: Finance Minister Senator Ishaq Dar has called for implementation of the Trade Liberalisation Programme (TLP) under the South Asian Free Trade Agreement (SAFTA). According to the Finance Ministry, while addressing the 9th informal meeting of SAARC Finance Ministers in Azeri capital Baku, Dar added ... Read More »

Directorate of I&I Anti-Smuggling seizes Rs0.5 m foreign origin cloth

ISLAMABAD:  Anti-Smuggling Staff of Directorate of I&I-FBR Regional Office Rawalpindi has recovered the 7542 yards (1136) kg ladies foreign origin cloth. According to details in pursuance of information the Anti-Smuggling Staff of Directorate of I&I intercepted a Bus bearing Registration No, P-5224 (Peshawar) coming from Peshawar side Burhan G.T. Road.  Apparently the said bus was loaded with foreign origin goods. ... Read More »

FBR Chairman Tariq Bajwa sends officers’ promotion list to Central Selection Board

ISLAMABAD: Federal Board of Revenue Chairman Tariq Bajwa has forwarded the final list for promotion of BS-19 and BS-20 officers to the Central Selection Board. The meeting of the Central Selection Board will continue for four days. The board will decide on the promotion of officers belonging to different groups and cadres. FBR Chairman Tariq Bajwa, after consulting Administration Member ... Read More »

Tax Reform Commission suggests government to make FBR an autonomous organization with full power

ISLAMABAD: Tax Reform Commission (TRC) suggested government to make FBR an autonomous organization with full power and said that Federal Board of Revenue should be free of political and external interference. According to details Tax Reform Commission (TRC) meeting was held headed by Chairman TRC Masood Naqvey, chairman FBR Tariq Bajwa, Member Inland Revenue policy Shahid Hussian, Member Inland Revenue ... Read More »

Directorate I&I recovers 40 boxes of foreign origin cigarettes evading Rs 5,653,088 taxes

ISLAMABAD: In pursuance of an information, the Anti-Smuggling staff of Directorate of I&I FBR, Regional Office Rawalpindi has recovered the foreign origin cigarettes worth million of rupees from Hyundai pick-up. The anti-smuggling staff near Nankari Bazaar Rawalpindi signaled to stop a Hyundi pick up bearing registration no IDT-3312 coming from Pir Wadhai Rawalpindi. The driver of the said vehicle did ... Read More »

China-Pakistan Economic Corridor project a vital concept of development: Irfan Siddiqui

ISLAMABAD: China-Pakistan Economic Corridor (CPEC) project is not simply a road or railway route, but a vital concept of development for which the nation will have to take its ownership for its smooth materialization and completion. Special Assistant to Prime Minister, Irfan Siddiqui expressed these views in a ‘Fikri Nashist on Chinese President’s visit to Pakistan’ held here at Nazria-e-Pakistan ... Read More »

Ishaq Dar to participate in 48th annual Board of Governors meeting of Asian Development Bank

ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar arrived in Baku, Azerbaijan to participate in the 48th annual meeting of Asian Development Bank (ADB) Board of Governors. He would also have other important meetings and an engagement during his stay at Baku from 2 to 5 May, 2015, says a statement received here Saturday.  The ADB Board of Governors meeting would ... Read More »

Federal Board of Revenue promotes five officers of Inland Revenue Service to grade 22

ISLAMABAD: Federal Board of Revenue (FBR) has promoted five officers of Inland Revenue Service (IRS) to grade 22. The Inland Revenue Wing of the FBR was created, combining the three domestic taxes; comprising Income Tax, Sales Tax and Federal Excise Duty, constitute about 90% of the Revenue collected by FBR. These taxes are not only similar in essence, but also ... Read More »

Shops to close by 9:00 pm, marriage halls by 10:00 pm in Islamabad

ISLAMABAD: The Prime Minister of Pakistan has taken notice of the reservations of traders on the issue of closures of shops in Islamabad and has decided to give one hour temporary relief for early closures of shops in Islamabad. This was said by Dr. Tariq Fazal Chaudhry, Member National Assembly while addressing a joint press conference at the residence of ... Read More »

Dar urges FBR to meet revenue target for fiscal year 2014-15

ISLAMABAD: Finance Minister, Senator Muhammad Ishaq Dar Friday directed Federal Board of Revenue (FBR) authorities to make all possible efforts to achieve the revenue target for fiscal year 2014-15. Finance Minister stated this while presiding over a meeting with FBR officials to seek an update on the state of revenue collection. The minister also chaired a separate meeting here to review ... Read More »

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