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Tag Archives: Federal Board of Revenue (FBR)

Customs Examiner dismissed over inefficiency, misconduct

ISLAMABAD: Federal Board of Revenue (FBR) has dismissed Ejaz Ahmed, Examiner (BS-16), Model Customs Collectorate of Export, Karachi over inefficiency and misconduct. As per details, MC Port Muhammad Bin Qasim Collector Dr Jawwad Uwais Agha was appointed as Inquiry Officer to probe into the account of various acts of omission and commission committed by the accused officer costing inefficiency and ... Read More »

Enforcement-South misses tax collection target by Rs 140.42 million

KARACHI: The Enforcement-South Collectorate has collected customs duty of Rs 1868.08 million in December 2014 against target of Rs 2008.50 million with a shortfall of Rs 140.42 million. The Enforcement-South comprises of Model Customs Collectorates (MCC) of Preventive, Hyderabad, Exports, Exports (Port Qasim), Quetta and Gwadar. According to details, the MCC-Preventive collected Rs 1341.64 million customs duty in December 2014 ... Read More »

Rs68b likely shortfall: Govt yet to revise Rs2.81tr target; Rs1,652b to be collected in 6-month

ISLAMABAD: The Federal Board of Revenue will have to collect Rs 1,652 billion in remaining six months (January-June) of the ongoing financial year achieve the annual tax collection target of Rs2.81 trillion while the government has yet to revise the revenue target as it is likely to face a shortfall of Rs 68 billion owing to reduction in oil prices ... Read More »

Three Inland Revenue officers of BS-19 assume charge

ISLAMABAD: Federal Board of Revenue (FBR) has issued notification of charge relinquish/assumption of Inland Revenue Service (IRS) officers after their promotion to BS-19. Fazal-e-Subhan has relinquished the charge of the post of Deputy Commissioner-IR, Regional Tax Office, Abbottabad and assumed the charge of the post of Secretary (BS-19), FBR (HQ), Islamabad on December 29, 2014. Muhammad Nabeel Rana has relinquished ... Read More »

Juneid Akram posted as DG Post Clearance Audit

ISLAMABAD: Juneid Akram, a BS-20 officer of Pakistan Customs Service, has been transferred and posted as Director General (OPS), Directorate General of Post Clearance Audit, Islamabad with mediate effect. The officer, who was posted as Director, Directorate of Intelligence & Investigation, FBR, Faisalabad, has been asked to relinquish/assume charge using online HRMS facility made available at all FBR major field ... Read More »

12.2% growth: FBR collects Rs1,157b in July-Dec 2014 against Rs1,031b of last year; Rs30b shortfall in Dec

ISLAMABAD: Federal Board of Revenue (FBR) has collected Rs1,157 billion during July to December of the current fiscal year as it collected Rs1,031 billion during the same period of last financial year, reflecting the growth of 12.2 per cent. During the month of December 2014, the Board faced Rs30 billion revenue shortfall as it collected Rs253 billion against the target ... Read More »

Five Customs, Inland Revenue officers of BS 18-19 relinquish/assume charge

ISLAMABAD: Federal Board of Revenue (FBR) has issued notifications regarding charge relinquishment/assumption by the Pakistan Customs Service (PCS) and Inland Revenue Service (IRS) officers of BS 18-19. As per details, Pervez Esbhani has relinquished the charge of the post of Director (OPS), Directorate of Post Clearance Audit, Karachi and assumed the charge of the post of Director (OPS), Directorate of ... Read More »

Rs20 per litre cut in oil prices: FBR to face Rs70b revenue loss, collects Rs900b in July-Nov

ISLAMABAD: The government has to face Rs70 billion loss annually after declining trend in petrol prices. This was disclosed by Federal Board of Revenue (FBR) officials during a meeting under the chair of Finance Minister Senator Ishaq Dar. The meeting was convened to devise a strategy for revenue collection in second half of current fiscal year. The government has reduced ... Read More »

Four more IRS officers relinquish/assume charge after promotion to BS-19

ISLAMABAD: Federal Board of Revenue (FBR) has issued notifications of charge relinquishment/assumption by the four Inland Revenue Service (IRS) officers after their promotion to BS-19. Asif Rasheed has assumed the charge of the post of Additional Commissioner (BS-19), Regional Tax Office (IR), Faisalabad. Naib Ali Pathan has assumed the charge of the post of Additional Director (BS-19), Directorate of Internal ... Read More »

FBR sets up Transfer Pricing Unit to provide technical backstopping to field officers

ISLAMABAD: Federal Board of Revenue (FBR) has set up a Transfer Pricing Unit to work towards establishing a strong transfer pricing regime by providing technical backstopping to field officers. The Transfer Pricing Unit has also been established for building the field officers’ capacity, developing a resource base including database of comparables, proposing improvements in law and policy and establishing a ... Read More »

Eight Inland Revenue officers relinquish/assume charge after promotion to BS-19

ISLAMABAD: Federal Board of Revenue (FBR) has issued notifications of charge relinquishment/assumption by the eight Inland Revenue Service (IRS) officers after their promotion to BS-19. As per details, Asif Rasheed, on promotion to BS-19, has assumed the charge of the post of Additional Commissioner, Regional Tax Office (IR), Faisalabad. Mussarat Ullah Khan has assumed the charge of the post of ... Read More »

Two IRS officers promoted to BS-19

ISLAMABAD: Federal Board of Revenue (FBR) has issues notification regarding charge relinquishment/assumption by the Inland Revenue Service (IRS) officers of BS-19. As per details, Tajamal Bilquis, on promotion to BS-19, has relinquished the charge of the post of Deputy Commissioner (BS-18), Regional Tax Office, Islamabad and assumed the charge of the post of Additional Commissioner (BS-19), RTO. Imran Hayee Khan, ... Read More »

All field offices to remain open on 27th, 31st to collect duties, tax returns: FBR

ISLAMABAD: Federal Board of Revenue (FBR) has announced that all field offices will remain open on December 27 (Saturday) from 9am to 5pm for collection of duties and income tax returns. It is important to mention that all FBR field offices remain close on Saturday but department has cancelled the holiday of upcoming Saturday to facilitate the corporate taxpayers. According ... Read More »

Advance ST claims: PSMA seeks refunds release to ward off liquidity crunch

ISLAMABAD: With a view to shore up working capital, the Pakistan Steel Melters Association (PSMA) has written to the Federal Board of Revenue (FBR) for the release of pending refund claims of advance sales tax. It is to be noted that the FBR collects advance sales tax on import of scrap at port stage and supposed to be adjusted in ... Read More »

Rubina Athar relinquishes charge of DG Customs Valuation

ISLAMABAD: Federal Board of Revenue (FBR) has issued notifications regarding charge relinquishment/assumption by the Pakistan Customs Service (PCS) and Inland Revenue Service (IRS) officers of BS 17-21. As per details, Rubina Athar (PCS/BS-21), in pursuance of Establishment Division’s notification, has relinquished the charge of the post of Director General, Directorate General of Customs Valuation, Karachi. On repatriation from Economic Affairs ... Read More »

Seven IRS officers promoted to BS-19, relinquish/assume charge

ISLAMABAD: Federal Board of Revenue (FBR) has issued notifications regarding charge relinquishment/assumption by Inland Revenue Service (IRS) officers on their promotion to BS-19, and Pakistan Customs Service (PCS) officers of BS 18. As per details, Ghulam Sarwar Shah has relinquished the charge of the post of Second Secretary (BS-18), FBR (HQ), Islamabad and assumed the charge of the post of ... Read More »

50 Inland Revenue officers of BS-19 transferred

ISLAMABAD: Federal Board of Revenue (FBR) has transferred/posted 50 officers of Inland Revenue Service (BS-19) with immediate. According to the Board notification, the officers who are drawing performance allowance prior to issuance of this notification shall continue to draw this allowance on the new place of posting. The Board asked the transferred officers to relinquish/assume charge, using online HRMS facility ... Read More »

Five Customs officer of BS 17-18 relinquish/assume charge

ISLAMABAD: Federal Board of Revenue (FBR) has issued notifications regarding charge relinquishment/assumption of fiver Pakistan Customs Service (PCS) officers of BS 17-18. As per details, Khial Muhammad (PCS/BS-18) has assumed the charge of the post of Deputy Director, Directorate of Intelligence & Investigation-FBR, Peshawar. He relinquished the charge of the post of Deputy Collector, Model Customs Collectorate, Peshawar on November ... Read More »

Shah Bano relieved, posted Director Law Karachi

ISLAMABAD: Federal Board of Revenue (FBR) has relieved Shah Bano GM Khan (BS-20) from her duties w.e.f December 4, 2014. According to the Board’s Notification, the Inland Revenue Service officer has been relieved to join her new place of posting as Director, Directorate of Law, Karachi. Read More »

DG (Automation) Shafqat Mahmood retires

ISLAMABAD: Federal Board of Revenue (FBR), on attaining the age of superannuation, has issued notification of retirement of Shafqat Mahmood, BS-21 officer of Inland Revenue Service presently posted as Director General (Automation), FBR (HQ), Islamabad. According to the notification, the officer will stand retired from Government Services with effect from January 31, 2015. Read More »