Pak Customs Business Web Portal
Useful information for businessmen
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July 14, 2015 The rate of Withholding Tax on bank instruments issued out of account has been reduced from 0.6% to 0.3% till 30 -9-2015, through Presidential Ordinance dated 11.7.2015. It has been reported to FBR that some of the banks are still deducting tax on bank instrument of non-filers @ 0.6%. FBR has directed […]
May 21, 2015 As 31-05-2015 is a public holiday being Sunday, Federal Board of Revenue (FBR), Islamabad, in coordination with State Bank of Pakistan (SBP) and National Bank of Pakistan (NBP), has made special arrangements for collection of duties and taxes on Saturday 30th May, 2015. The State Bank of Pakistan has directed settlement / […]
May 19, 2015 Renowned Islamic scholar Maulana Tariq Jameel talked on ‘Morality, ethics and public service delivery’ to officers of FBR at Karachi today (on Monday). His talk highlighted the values of honesty, integrity, truthfulness and strength of character as being the hallmark of public service. The talk was delivered at Directorate General of Training […]
May 12, 2015 Federal Board of Revenue (FBR) has clarified news item regarding negative revenue collection by certain Regional Tax Offices (RTOs), saying the news is not correct as it portrays only one aspect of work of RTO. The tax amount mentioned in the news item is only one of the many taxes collected at […]
May 01, 2015 FBR has clarified a news item published in certain sections of the press attributing to FBR that “Sugar export through land route does not qualify for rebate”. The official Spokesperson, FBR said that that it was only a clarification of Policy of 2012 and does not affect current policy of the government, […]
April 07, 2015 FBR has suspended six IRS officers vide Notification dated 03-04-2015 on the charges that they have failed to disposed off the audit cases assigned to them as reflected in Taxpayers Audit Management System (TAMS). However, certain sections of press have mis-reported this fact and have given the impression that these officers have […]
March 05, 2015 FBR has not taken any advance from the banks There have been some reports in the press that FBR is collecting advance from banks and paying 15% markup on it to add to its revenue collection. It is hereby clarified: a) FBR has not taken any advance from the banks. b) Compensation […]
Feb. 02, 2015 During the on-going drive for broadening of tax base, the Directorate General (BTB) under the leadership of its new Director General Mr. Rehmatullah Wazir has obtained information (transaction and non-transaction based information) totaling to 240,000 from various sources, which include information from Motor Vehicle Registration Authorities, Car Manufacturing Companies, Electricity Supply and […]
Jan. 08, 2015 RECORD INCREASE OF 14 % REVENUE COLLECTION DURING FIRST SIX MONTHS OF CFY During the month of December, 2014, FBR has made a net collection of Rs.270,216 million as against net collection of Rs. 231,539 million during December, 2013 showing an increase of 17%. From July, 2014 to December, 2014, FBR made […]
