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Tag Archives: Gujrat

Punjab Excise Dept recovers Rs 900m tax in first six months of current fiscal year

SIALKOT: The Excise and Taxation Department has yet recovered as many as Rs 900 million as property tax, motor tax, professional tax and other taxes from Gujranwala Division’s all the six Sialkot, Narowal, Gujrat, Mandi Bahaud Din and Hafizabad. The revenue has been recovered during the first six months of the running fiscal year against the fixed official recovery tax ... Read More »

Anti-Corruption Establishment arrests 333 ‘corrupt’ officials in Gujranwala Division

SIALKOT: The Anti-Corruption Establishment arrested as many as 333 officials of various government departments for their involvement in corruption in Gujranwala Division’s six districts Sialkot, Narowal, Gujrat, Mandi Bahauddin, Hafizabad and Gujranwala in 2014. According to ACE officials, of these officials, 313 were between Grade-1 to 15 and 22 were the gazetted officers. The ACE officials revealed that the Revenue Department topped ... Read More »

2800 mmcfd demand, 1500 in system: SNGPL to implement load-management plan to curb 1300 mmcfd shortfall

ISLAMABAD: The Sui Northern Gas Company Limited (SNGPL) is facing 1300 mmcfd (million cubic feet) gas shortfall and going to implement load-management plan in the biggest province (in population) of the country, Punjab, and federal capital. Sources said that the SNGPL would implement load-management plan in Lahore, Sheikhupura, Sahiwal, Multan, Gujranwala, Gujrat, Faisalabad, Sargodha, Islamabad, Rawalpindi and Bahawalpur regions. The ... Read More »

1500 mmcfd gas shortfall: SNGPL to implement load-management plan

ISLAMABAD: The Sui Northern Gas Company Limited (SNGPL) is facing around 1500 mmcfd (million cubic feet) gas shortfall and going to implement load-management plan in the biggest province (in population) of the country, Punjab, and federal capital. Sources said that the SNGPL would implement load-management plan in Lahore, Sheikhupura, Sahiwal, Multan, Gujranwala, Gujrat, Faisalabad, Sargodha, Islamabad, Rawalpindi and Bahawalpur regions. ... Read More »

Rs45/kg increase in 7 days: LPG rate soars to Rs150/kg, domestic cylinder at Rs1,750 in Lahore

LAHORE: The marketing companies have once again increased the rate of liquefied petroleum gas (LPG) by Rs5 per kg, third time increase in seven days enhancing over all prices by Rs45 per kg without any official notification despite downward trend in international rates. After increase, LPG was being sold at 130 per kg and domestic cylinder at Rs 1510 in Karachi, ... Read More »

FBR gets PC-I approved for Inland Revenue offices in 30 cities

  FBR Member Admin Shahid Jatoi, Chief Admin Iqbal Khan and Dr Yousfani have rendered strenuous efforts in getting PC-1 approved for Rs 500m infrastructure development     ISLAMABAD: With a special interest of Federal Board of Revenue (FBR) Member Admin Shahid Jatoi, the board has got approved PC-1 for Rs 500 million infrastructure development by the Central Development Working ... Read More »

PFC all set for 2nd Interiors Expo-2014 from Dec 5

LAHORE: Pakistan Furniture Council (PFC) has completed all-out arrangements for the three-day 2nd Interiors Pakistan Expo-2014 scheduled to be started from December 5th at Expo Centre. The expo aims at promoting and introducing Pakistani interiors, furniture and accessories in the country and abroad. Pakistan Furniture Council (PFC) CEO Kashif Ashfaq made the announcement at a press briefing here. From Workman ... Read More »

FBR to bring 23,000 Gujranwala Division traders to tax net

LAHORE: The Federal Board of Revenue (FBR) has working on a plan to bring 23000 businessmen in tax net in Gujranwala Division. As many as 13 teams are working to focus on the importers, exporters, manufacturers, industrialists and merchants. The FBR has obtained record of affluent people from the Excise Department, Punjab Board of Revenue. According to sources, the FBR ... Read More »

LPG price decreased by Rs25 per kilogramme

LAHORE: Liquefied Petroleum Gas (LPG) marketing companies, after the intervention of the Oil and Gas Regulatory Authority (Ogra), has cut the gas price by Rs25 per kilogramme. The LPG Distributors Association has the price of LPG has been decreased by Rs300 per domestic and 1,200 per commercial cylinder by the companies. LPG Association Chairman Irfan Khokhar said that the association ... Read More »

FBR gets uplift projects worth Rs 1 billion passed by CDWP

ISLAMABAD: The Federal Board of Revenue (FBR) has successfully got development projects worth one billion rupees approved by the Central Development Working Party (CDWP). “The logical arguments presented by the FBR team in the meeting of the CDWP brought about due results and ultimately CDWP had to approve almost all the of the development projects forward by the FBR,” a ... Read More »

FBR orders special audit of 3,475 ‘tax evader’ industrial units

SIALKOT: The Federal Board of Revenue (FBR) has ordered special audit of as many as 3,475 industrial units located in Sialkot, Narowal and Gujrat districts for allegedly evading taxes and concealing facts. The FBR has formulated 11 special teams which have started the pre-audit process in this regard. According to FBR officials, there were 86 corporate class and 3,389 non-corporate ... Read More »

GEPCO recovers Rs 9.43 from defaulters in September

  SIALKOT: The Gujranwala Electric Power Company (GEPCO) has recovered Rs 9.43 billion from both small and big defaulters in September. According to GEPCO officials, they have recovered Rs 8.42 billion from the private sector while the government sector also deposited Rs 430 million in this regard. GEPCO has also started a campaign to disconnect power connections of hundreds of ... Read More »

Govt approves mega plan for customs collectorate in Gujranwala

SIALKOT: The federal government has finally approved a mega plan of establishing a Model Customs Collectorate on five acres of land along the River Chenab Toll Plaza near Wazirabad. Sources told Customs Today that Rs 5 billion would be spent on the establishment of new Model Customs Collectorate (MCC) near Wazirabad, as the revenue department has already sent a summary ... Read More »

Punjab fixes Rs 5.74 billion revenue target for Gujranwala

SIALKOT: The Punjab government has fixed a recovery target of Rs 5.74 billion as agricultural income tax, stamps duty, registration fees, land revenue tax and capital value tax on the sale, purchase and transfer of the properties and lands in Sialkot, Narowal, Gujrat, Hafizabad, Mandi Bahauddin and Gujranwala districts. According to the senior officials of the Board of Revenue Punjab, ... Read More »

Excise Dept computerises 287,000 properties in Sialkot, Gujranwala

SIALKOT: The Excise and Taxation Department has computerised the record of 287,000 public properties in both Sialkot and Gujranwala districts under its upgradation plan. Now, the people of Sialkot and Gujranwala could check their properties’ record online. According to Director of Excise and Taxation Gujranwala Division Syed Ashiq Hussain Shah, the computerisation of the public properties would help in reducing ... Read More »

Excise Department issues notices to recover luxury tax in Gujranwala

SIALKOT: The Excise and Taxation Department has issued notices to 170 owners of luxury houses in Gujranwala division to recover Rs 70 million as luxury tax. The Punjab government has recently levied luxury tax under the ratio of Rs 125,000 per kanal as property, including the posh localities of the cantonment boards. Director Excise and Taxation Ashiq Hussain Shah said ... Read More »

Customs serves recovery notices on 55 steal millers

SIALKOT: The Regional Tax Directorate in Gujranwala has issued tax recovery notices to 55 steal millers. The directorate has also collected Rs 500 million taxes in Gujranwala division despite the civil disobedience call given by the Pakistan Tehreek-e-Insaf Chairman Imran Khan. According to a senior official, the Federal Board of Revenue (FBR) has set another target of Rs 250 million ... Read More »

FBR set to achieve Rs 750m target in Aug from various Punjab cities

SIALKOT: The Federal Board of Revenue (FBR) has set a tax recovery target of Rs 750 million for the Regional Income Tax Directorate Gujranwala for August, 2014. A senior FBR official told the Customs Today that Regional Income Tax Directorate Gujranwala have to collect Rs 400 million income tax and Rs 350 million sales tax to achieve the target. The ... Read More »

ANF thwarts smuggling bids, seizes 2,239g heroin

LAHORE: The Anti-Narcotics Force (ANF) foiled two smuggling bids and captured fine quality of heroin weighing 2,239 gram in to two raids here. As per details, the ANF Lahore Airport Team intercepted a passenger identified as Azhar Iqbal, a resident of Gujrat at Allama Iqbal International Airport and recovered 2.89 kgs of heroin concealed in a handbag. In another attempt, ... Read More »

Gujranwala E&T to recover Rs1.6b

SIALKOT: The Excise and Taxation Department have started special campaign to recover Rs1.6 billion from the tax defaulters across Gujranwala division. As per details, 70 teams of Excise and Taxation Department have started recovery in Sialkot, Narowal, Gujrat, Mandi Bahauddin, Hafizabad and Gujranwala districts. A senior official told Customs Today that the department will recover Rs14.3 million as excise duty, Rs87.5 million as ... Read More »