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Tag Archives: Tariq Bajwa

Reorganisation: Pral BoD sacks 7 babus, abolishes 9 senior cadre posts

ISLAMABAD: What is being described as reorganization and restructuring of the Pakistan Revenue Automation Limited (Pral), the Federal Board of Revenue (FBR) abolished nine senior cadre posts and terminated the services of seven senior officials including General Managers/ Chief Managers. The reorganization is part of the implementation plan proposed by FBR Member Information Technology (IT) Raana Ahmed and the decision ... Read More »

PRAL decision affects PRA operations: Qutab approaches Bajwa for probe into officer’s termination

LAHORE: The Punjab Revenue Authority (PRA) has formally approached FBR Chairman Tariq Bajwa, requesting inquiry into the termination of senior officers of Pakistan Revenue Automation Limited (PRAL) which have been affecting the operations of the PRA and Punjab Excise & Taxation adversely. In a letter to FBR Chairman Tariq Bajwa, PRA Chairperson Iftikhar Qutab regretted that the services of PRAL ... Read More »

OICCI presents tax proposals: FBR chief eyes 100,000 new taxpayers

ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) assured the Federal Board Revenue of all-out support for its efforts to increase revenue collection and streamline taxation structure at a meeting wherein the OICCI presented tax proposals to FBR Chairman Tariq Bajwa and Member Inland Revenue (IR) Shahid Hussain Asad. The meeting was followed by an interactive session between ... Read More »

Defiance of binding directives: FTO awakens FBR chief to negative tendency

ISLAMABAD: The Federal Tax Ombudsman (FTO) has written in to the FBR chairman, reminding him of the blatant violation of FBR’s letter No-1 (337) S(TO-II)/2013 by the field formations. Through the letter, the FTO Registrar urged the FBR chairman to look into the matter personally and redress the grievances of taxpayers against maladministration and curb the tendency of inaction and ... Read More »

FBR briefing to PM to be held by a day’s lapse

ISLAMABAD: Prime Minister Nawaz Sharif will be briefed on March 11 by Federal Board of Revenue about measures taken so far in tackling revenue shortfall in the current fiscal year as less than four months remain in fiscal year 2013-14 conclusion. He will also be briefed about steps in restraining smuggling and customs duty evasion. Federal Board of Revenue Chairman ... Read More »

Bajwa directs formation of a task force for broadening tax base

ISLAMABAD: Federal Board of Revenue Chairman Tariq Bajwa has directed the constitution of a task force to propose a concrete policy along with enforcement measures to bring the retail sector into the tax net and to ensure that the retailers make their due contribution to revenue. FBR has issued a notification in this regard. Member Human Resource Management Yasmin Saud ... Read More »

LCCI demands withdrawal of SRO about sharing of accountholders info

LAHORE: Lahore Chamber of Commerce and Industry on Tuesday urged the Federal Board of Revenue (FBR) to immediately withdraw SRO 115(I) 2014 that would lead to flight of capital from the country. LCCI President Engineer Sohail Lashari stated that the SRO (Statutory Regulatory Order) would compel the businessmen to stay away from banks or maintain accounts out of this country. ... Read More »

Tariq Bajwa holds meetings with high officials of Pak Customs

KARACHI: Federal Board of Revenue Chairman Tariq Bajwa has held a series of meetings with the senior officials of Pakistan Customs at Custom House in Karachi. Member Customs Nisar Muhammad Ali Khan was also present on the occasion. FBR chairman held meetings with the Chief Collectors Nasir Masroor Ahmad, Muhammad Yahya, Collector Preventive S M Tariq Huda, Collector MCC-Appraisement (East) ... Read More »

FBR chief visits Karachi today

KARACHI: Chairman Federal Board of Revenue (FBR), Tariq Bajwa will arrive in Karachi today to hold meetings with customs officials. According to the sources, the FBR chief during his visit to Karachi will hold marathon spell of meetings with the high officers of Model Customs Collectorate (MCCs) of Port Muhammad Bin Qasim, Appraisement-East, Appraisement-West, Directorate of Transit Trade, Directorate of ... Read More »

Dar urges FBR to keep up momentum to achieve target

LAHORE: Federal Minister for Finance Ishaq Dar has stressed Federal Board of Revenue to continue with all the vigour and keep the momentum, so that the revenue collection target of February 2014 is also met. The finance minister said this while reviewing the progress of revenue collection and implementation of Prime Minister’s Tax Incentive Package. The Minister appreciated FBR’s initiative ... Read More »

FBR to set up a new customs dry port at Hub: Tariq Bajwa

KARACHI: Federal Board of Revenue Chairman Tariq Bajwa has announced that a new customs dry port will be set up at Hub in Lasbel district to facilitate industries operating in the area and the district and other parts of Balochistan. Bajwa disclosed this in a meeting with a delegation of Lasbela Chamber of Commerce and Industry. He also agreed that ... Read More »

Time is running out

After passing first seven and a half month, the FBR has been left with no other option but to take corrective measures without wasting any time for making last ditch efforts for achieving highly challenging tax collection target of Rs 2475 billion on June 30, 2014. Chairman FBR Tariq Bajwa has jolted the bureaucracy of tax collection machinery in recent ... Read More »

Parliamentarians given time till Feb 28 to file tax returns: Bajwa

ISLAMABAD: FBR Chairman Tariq Bajwa said that non-filer parliamentarians have given time till 28th February to file their tax returns to avoid any action against them. More than 30 MNAs and Senators are among the 100 parliamentarians who did not file their tax returns so far. There are two categories of parliamentarians. Some parliamentarians out of 1,072 filed their returns ... Read More »