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KP shrugs off PTI chief’s civil disobedience call

PESHAWAR: The people of Khyber Pakhtunkhwa (KP) are giving a deaf ear to PTI chief Imran Khan’s call for civil disobedience by filing tax returns, official sources said. “They are paying all kind of...

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Customs Port Qasim collects Rs 25.6b in August

KARACHI: The Model Customs Collectorate of Port Muhammad Bin Qasim has collected revenue of Rs 25.6 billion in share of customs duty, sales tax, federal excise duty and income tax in August 2014. As...

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Appraisement-East collects Rs 19.24b in August

KARACHI: The Model Customs Collectorate (MCC) of Appraisement-East has collected Rs 19.24 billion in August with an increase of Rs 5.78 billion as compare to the Rs 13.45 billion collected in July...

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FBR exceeds revenue target for August by Rs 3 billion

ISLAMABAD: The Federal Board of Revenue (FBR) has surpassed the monthly revenue collection target of Rs 180 billion for August 2014 as it collected over Rs 183 billion during the month. Official data...

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FBR Chairman Bajwa chairs board-in-council meeting today

ISLAMABAD: The Federal Board of Revenue (FBR) has changed the time for board-in-council meeting to 2:30pm which was scheduled at 11am on Wednesday. As per details, FBR Chairman Tariq Bajwa will preside...

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Bajwa directs tax officers to recover Rs 70 billion from SM Foods

MULTAN: The Federal Board of Revenue Chairman Tariq Bajwa has directed the subordinates to present the comprehensive report on Rs 70 billion tax evasion by a famous businessman of Multan City. As per...

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FBR to devolve powers to act against ‘black sheep’

ISLAMABAD: The Board in Council of the Federal Board of Revenue (FBR), on suggestion of Member Customs Nisar Muhammad Khan, has decided to give authority of institutional punitive measures to field...

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Tax dodgers to be caught thru auditing

ISLAMABAD: Federal Board of Revenue (FBR), again this year, has decided to audit thousands of cases to catch the tax evades. Sources said that Income Tax, Sales Tax and Federal Excise Duty (FED) heads...

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FBR needs Rs 100 billion to achieve quarterly revenue target

ISLAMABAD: The Federal Board of Revenue (FBR) needs Rs 100 billion to meet the provisional quarterly revenue target and most probably it will fail to achieve this target. The FBR had fixed Rs 557...

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Appraisement-East collects Rs 20.4 billion in September

KARACHI: The Model Customs Collectorate (MCC) of Appraisement-East collected Rs 20.44 billion in September under the heads of customs duty, sales tax, withholding tax and federal excise duty. The MCC...

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FBR collects Rs 560.9 billion in first quarter of FY 2014-15

ISLAMABAD: The Federal Board of Revenue collected Rs 560.92 billion in first quarter of current fiscal year which is Rs 57.91 billion more than the Rs 501.87 collected last year during the same period....

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Pakistan Tobacco Company says illegal cigarette trade cost Rs 20 billion...

KARACHI: One out of every 5 cigarettes sold in Pakistan has either been manufactured in Pakistan without paying appropriate taxes or smuggled into Pakistan, the biggest cigarette producer of the...

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Appraisement-East collects Rs 178 million additional revenue in Q1

KARACHI: Model Customs Collectorate of Appraisement-East collected additional revenue of Rs 70.15 million in September through administrative measures pushing cumulative revenue collection under the...

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Auto part makers flay Customs’ 400pc concession to importers

LAHORE: Pakistan Customs, through ruling No 685/2014, has reevaluated the Import Trade Prices (ITPs) for Chinese motorcycle parts and gave commercial importers huge 400 per cent concession against the...

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Appraisement-East collects Rs 10.5 billion revenue in 20 days

KARACHI: Model Customs Collectorate of Appraisement-East collected Rs 10,599.66 million revenue during the first 20 days of October. MCC Appraisement-E collected Rs 2,893.75 million under the head of...

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FBR collects Rs750 billion during July-Oct

ISLAMABAD: Federal Board of Revenue (FBR) has collected Rs750 billion during July-October this year against Rs661 billion in corresponding period of 2013-14. Sources said that during July to October...

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FBR collects Rs180b in Oct with 17pc growth

ISLAMABAD: Federal Board of Revenue’s (FBR) gross revenue collection stood at Rs180 billion during the month of October this year against Rs156 billion it collected in October 2013, reflecting a growth...

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FBR in pursuit of Rs2810b achieves Rs750b in Oct up from Rs661b, records 17%...

ISLAMABAD: Federal Board of Revenue (FBR), in pursuit of Rs2810 billion target, has collected Rs750 billion during July-October this year against Rs661 billion in corresponding period of 2013-14....

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Appraisement-East collects over Rs 5.18b during first 10 days of Nov

KARACHI: The Model Customs Collectorate of Appraisement- East collected a revenue of over Rs 5,185 million during the first 10 days of November. The Collectorate collected Rs 1,359 million under the...

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Rs60b shortfall in 5 months: FBR sets Rs286b revenue target for Dec

ISLAMABAD: Federal Board of Revenue (FBR) has set Rs286 billon revenue collection target for the current month of December 2014, amid the Rs60 billion revenue collection shortfall. FBR has collected...

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