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Tag Archives: Sialkot

FBR obtains details of Pakistanis having properties in Dubai

ISLAMABAD: The Federal Board of Revenue has claimed to obtain details of Pakistani nationals who have undeclared properties in Dubai. According to a senior FBR official, the data includes quantum of rental income earned from these properties. The data was received from Dubai tax authorities, the tax official said. Meanwhile, the FBR is also intensifying its awareness campaign around the ... Read More »

Sri Lanka keen to establish strong mutual trade ties with Pakistan

SIALKOT: The High Commissioner of Sri Lanka in Pakistan Maj-Gen (R) Jayanth Lakuketagodage has said that Sri Lanka was much keen to establish strong mutual trade ties with Pakistan. He stressed upon the need of making some effective practical measures to boost mutual trade ties between Sri Lanka and Pakistan, saying that the Sri Lanka was much keen to further ... Read More »

FIA registers 147 cases against travel agent accused of Rs 330 million fraud

SIALKOT: The Federal Investigation Agency (FIA) has registered as many as 147 cases against Daska-based travel agent Muhammad Ikram Mughal. Mughal fled from the country after swindling Rs 330 million from hundreds of people of Daska, Sialkot, Sambrial and Shakargarh by offering them lucrative Umrah and Hajj packages. The FIA has registered the cases against the fugitive accused on the complaints of ... Read More »

ANF foils bid to smuggle narcotics from Sialkot airport

SIALKOT: The Anti Narcotics Force (ANF) foiled a bid of smuggling the narcotics abroad from Sialkot International Airport and has arrested accused who was trying to smuggle the narcotics while keeping them in his belly. The ANF has sent the accused Waqas Ahmed, 24, a resident of village Aulakh Jattan-Uggoki, Sialkot, behind the bars and has started investigation.   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 »

Serving inflated tax notices: E&T nails 25 officials for mismanagement

LAHORE: The Punjab Excise and Taxation (E&T) Department has arrested 25 officials on charges of sending inflated property tax notices to the consumers against the policy of the government. The overbilling has been detected in different cities including Lahore, Rawalpindi, Toba Tek Singh, Gujranwala, Sialkot, Gujrat and Sheikhupura and the action has been taken after the chief minister took notice ... 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 cut by Rs10/kg, selling at Rs125 in Lahore, Sialkot, Faisalabad

KARACHI: Liquefied Petroleum Gas (LPG) price has been cut by Rs 10 per kg after slide in the prices of petroleum products. After that, price of domestic cylinder has been reduced by Rs 100 and commercial cylinder by Rs 350. Now, LPG price in Karachi is Rs 110 per kg while it is selling at the rate of Rs 125 ... 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 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 »

12 Customs officers of BS 19-20 assume charge

ISLAMABAD: Federal Board of Revenue (FBR) has issued notifications regarding relinquishment/assumption of charges by 12 Pakistan Customs Service (PCS) officers of BS19-20. As per details, Rubina Wasti, (PCS/BS-20) after the Board’s Notification No 1589-CI/2014 dated 19.08.2014, has assumed the charge of the post of Director General (OPS), Directorate of Internal Audit (Customs), Karachi. Dr Nasir Khan, (PCS/BS-19), in pursuance of ... Read More »

Four IR, Customs officers of BS17-21 assume charges

ISLAMABAD: Federal Board of Revenue (FBR) has issued notifications regarding assumption of charges by the officers of Inland Revenue Service and Pakistan Customs Service of BS17-21. Tasneem Rehman, in pursuance of Board’s Notification No 1934-IR/2014, dated 02.10.214, BS-21 officer of Inland Revenue Service, has assumed the charge of the post of Director General (Withholding Taxes), Federal Board of Revenue (HQ), ... 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 »

ANF foils smuggling bids, seizes drugs worth Rs69.5m

ISLAMABAD: Anti-Narcotics Force has foiled several bids to smuggle drugs by carrying out three successful operations in Sialkot, Peshawar and Karachi and recovered Rs69.5 million worth drugs including 10kg heroin, 1.05kg charas and 650 grams amphetamine, while apprehended four persons and confiscated a vehicle as well. According to details, ANF Karachi Port team intercepted a Malaysia-bound shipment at Badar-ud-Din Yard, ... Read More »

ANF seizes drugs worth Rs214.8m in 7 raids

ISLAMABAD: Anti-Narcotics Force has recovered drugs including 75.5kg opium, 10.6kg charas and 8kg heroin in seven successful operations conducted against drug traffickers in Faisalabad, Lahore, Sialkot, Kasur, Peshawar and Gilgit. During these operations, ANF has also arrested 11 persons including 2 lady smugglers and confiscated vehicles. The value of seized drugs, being transported to local markets, amounts to approximately Rs214.8m ... Read More »

Govt urged to establish new industrial cities to help SMEs

SIALKOT: Sialkot Chamber of Commerce and Industry (SCCI) has urged the government to establish sports goods, leather and surgical instruments cities to encourage the small and medium enterprises (SMEs). Talking to media, SCCI Senior Vice President Mian Muhammad Anwar said that despite poor law & order problems and continued energy crisis, Sialkot – Pakistan’s biggest sports goods manufacturer city – ... Read More »

PIA transports 28,700 would-be Hajis to S Arabia so far

KARACHI: PIA has transported more than 28,700 would-be Hajis from Pakistan to Saudi Arabia through 80 flights till 21st day of the operation. As per details, PIA has carried 3,479 intending pilgrims from Karachi to Saudi Arabia through 11 flights, 5,190 from Lahore through 12 flights, 4,787 from Islamabad through 10 flights, 5,811 from Quetta with 19 flights and 5,745 ... Read More »

Revenue collection target for Sept in Gujranwala, Sialkot in doldrums

SIALKOT: It has become very hard for the Federal Board of Revenue (FBR) to achieve the tax recovery target of Rs 1.8 billion fixed for Sialkot and Gujranwala regions for September after the flood wreaked havoc in both regions. According to the senior FBR officials, the FBR had set a recovery target of Rs 850 million for Sialkot region comprising ... 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 »