Tax Arrears Settlement Incentive
Scheme 2008 announced
FBR announced Investment Tax Scheme, 2008
FBR
to oppose withdrawal of 20 percent FED on cement
It's going to be Rs 2.25 trillion budget
Duty cut on hundreds of items proposed
CGT exemption extended to 2010, no change in CVT
48,095-kg pulses seized at QICT
Customs inspectors to be removed from warehouses:
'indemnity bonds' condition being waived
Current tax regime to fetch more revenue than CGT:
KSE managing director
Raise in withholding tax on cash withdrawal likely
FBR likely to withdraw sketchy audit amendments
GST rate may be enhanced to 17.5 percent across
the board
US Securities trains SECP on detection of insider
trading
Fata/Pata units given sales tax exemption on
arrears
Nothing
final about CGT yet: Yousuf
Strong possibility of tax up to 35 percent:
immovable property deals within three years
NWFP budget on June 16
GST scam fame customs official's transfer to be
resisted
New procedure to be issued for Afghan goods
exports in budget
FBR launches default surcharge amnesty scheme
Sugar assessment value enhanced to Rs 21.50 per kg
CGT exemption on stock market to continue over the
next two years: FBR
Smuggled Afghani vehicles: check post to be set up
for legalisation
New sales tax return not workable: KSTBA
Economic survey on June 10
MoC for changes in PCT to check steel prices hike
FBR may remove procedural flaws in EOUs and SME
rules
Dividend tax: redundant section to be deleted
Raise in workers' minimum wage and pension:
five labour laws to be amended in budget
Misdeclared goods exporters' gang busted
Cargo for ISAF: changes made in 'One Customs' clearance system
Tax officials unhappy over delay in four projects implementation
ITBA pre-budget seminar
FBR to withdraw anti-smuggling powers from Rangers, FC
Sector-wise analysis:
FBR to determine national income, federal levies
Karachi customs busts pulses export racket
FED refund to payphone companies:
FBR's self contradictory rulings issued
Lahore RTO's revenue collection up by 15 percent
FBR to surpass psychological barrier
of Rs one trillion in fiscal year 2008
Extraordinary income tax refunds:
FBR to conduct special analysis of banks, telecom, oil sectors
Shipbreakers seek $125 per ton sales tax cut on re-rollable scrap
30,000 refund claims pending with MCC Export Karachi
FBR issues notices to importers with dubious user IDs
Team to monitor WHT payment on imported goods at Karachi
FBR top management yet to be restructured under reforms
FTO rejects fraud cases against payphone companies
Body formed to incorporate amendments to refund rules
Concessional duty on power plants equipment
disallowed
Top customs officials refuse to work under PCA
Most PSDP directors not filing withholding tax
statements
FBR
examining refund of Rs 4.6 billion
to zero-rated sectors
FBR plans to enhance revenue collection
Egyptian tax model advocated
Steps taken to rectify wrong reporting of FED
collection
Stock market transactions: FPCCI for imposition of
tax on income
Filing of monthly WHT statement date changed
Two FBR officials hold key positions without
extension in contract
Stock market transactions: SECP opposes proposals
for cut in CVT, WHT
Some companies change jurisdiction to avoid tax
audit
Assessment value revised: sales tax rate on sugar
reduced
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