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Tag Archives: Federal Board of Revenue (FBR) chairman

Dry port in Hub: Lasbela chamber reminds Bajwa about ‘his words’

KARACHI: The Lasbela Chamber of Commerce and Industry (LCCI) reminded the Federal Board of Revenue (FBR) chairman about his decision regarding the establishment of dry port in Hub, regretting that no headway could be made so far in this regard. According LCCI President Yakoob H Karim, the FBR chairman had taken a decision to this effect earlier this year but ... Read More »

5pc ST: Ginners, millers to plead withdrawal with Bajwa

MULTAN: The representatives of Pakistan Cotton Ginners Association (PCGA) and Oil Mills Association will meet Federal Board of Revenue (FBR) Chairman Tariq Bajwa this week to plead for the withdrawal of 5 percent sales tax imposed on the cotton seed cake. It is to be noted that both the associations had vehemently demanded the FBR chairman to withdraw the newly-imposed ... Read More »

Cross-border smuggling making big hole in exchequer

PESHAWAR: The rampant smuggling of auto parts and Nato forces equipment from Afghanistan into Pakistan has been going on unnoticed, depriving the national exchequer of huge revenue to the tune of billions of rupees. Informed border areas goers and residents of Khyber Agency divulged to Customs Today that auto parts and others goods were being trafficked from Afghanistan through horses ... Read More »

MQM resolution: Senate may prod govt into broadening tax net

ISLAMABAD: The Upper House of the Parliament, which is scheduled to meet on Monday, may press the government to take immediate steps to broaden tax base. Well placed sources revealed to Customs Today that MQM Senator Col (r) Tahir Hussain Mashhadi has submitted a resolution to the Senate Secretariat in this regard and the Senate is likely to adopt the ... Read More »

Plan to name ex-babu as TRC chief raises eyebrows

ISLAMABAD: Tax experts and legal wizards have expressed astonishment over the government proposed planned appointment of a retired bureaucrat as head of the Tax Reforms Commission (TRC) and described the move as the government’s backtracking from its commitment to revisit the tax policies. As per reports, the government is considering people for the job who are experts in public finance ... Read More »