Press Release

Sept. 07, 2018

Dear Webmaster PakCustoms.org website

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GM
92-346-5431267, +92 +5813-400227
info@marcopoloinngulmit.com   

 

Nov. 22, 2017

Inauguration of Commissioner BTB office in Islamabad

The Chairman Federal Board of Revenue Mr. Tariq Mehmood Pasha, Member I.R Operations Khawaja Tanveer Ahmed, D.G Broadening of Tax Base Mr. Muhammad Tanvir Akhtar and Chief Commissioner, RTO, Islamabad inaugurated the office of Commissioner of BTB Islamabad located at CDA Block No. 2 & 3 of Melody Islamabad. The Director-General, BTB introduced the team members of BTB zone to the Chairman FBR. The Chief Commissioner RTO Islamabad also apprised the Chairman FBR during his talk expressed the theme and philosophy of establishment of separate Broadening of Tax Base functions. During his conversation with the officers present, he mentioned ultimate objective is to establish a countrywide strong BTB organization covering all the important cities of the country. He added that it is the only way that, we can broaden our tax base and bring our tax base at par with the developed economies.

Hamid Raza Khan
Secretary (PR)

 

Nov 14, 2017

Pakistan can be the gateway to Central Asia for Oil Energy Trade: Haroon

“Our close ties with all Muslim countries and the Middle Eastern economies cannot be understated,” he said in his address to the inaugural session of the 8th Meeting of the ECO (Economic Cooperation Organization) of Heads and Customs Administration held at a local hotel today. Special Assistant to Prime Minister on Revenue Haroon Khan has said Pakistan holds a very important strategic position on the world map due to its proximity to China, Russia and India and “we can become the gateway to Central Asia for oil and energy trade”.

He said ECO countries together formed a geo-politically important block. “Turkey bridges the continents of Europe and Asia while Iran is situated at the crossroads of Central Asia, South Asia, and the Middle East. Similarly, the Central Asian Republics of Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan were uniquely located on the Silk Road and Energy Corridor connecting the giant economies of China and Russia to rest of the world.”

Dr. Kunio Mikuriya, Secretary General World Customs Organization; Mr. KananNazarov, Deputy Secretary-General Economic Cooperation Organization (ECO), Azerbaijan; Mr. AydinAliyev, Chairman of the State Customs Committee of the Republic of Azerbaijan; Mr. Forood Asgari, Head, Islamic Republic of Iran Customs Administration; Mr. Kenbayev Shyngys, Chief Expert of the International Cooperation Division, State Revenue Committee of the Republic of Kazakhstan; Mr. Azim Tursunzoda, Deputy Head of Customs Service, Republic of Tajikistan; Mr. Sezai UCARMAK, Deputy Undersecretary of the Ministry of Customs and Trade, Republic of Turkey; Chairman FBR Mr. Tariq Mahmood Pasha and senior officials of Pakistan Customs Service were also present.

Referring to the latest ECO Statistical Report, Haroon Khan said the share of the ECO in the global trade was almost 2 percent as against ECO region’s population of 6.2 percent in the world population. “We can see from these numbers that we have a tremendous opportunity to grow and reach our maximum potential,” he said.

He called for simplification of Customs procedures for ease of trade, calling it an important step for enabling the economic integration of ECO members. “We must benefit from the existing agreements signed by ECO countries, especially ECO Transit Trade Agreement, ECO Trade Agreement, MOU between World Customs Organization (WCO) and ECO, MOU on Cooperation against Smuggling & Customs Frauds among ECO countries and Transit Trade Framework Agreement.”

He said Pakistan Customs was committed to working closely with the ECO and WCO on adoption of international best practices through enhanced representation and Pakistan had already moved ahead on this front by issuing its rules for the implementation of Transports Internationaux Routiers Convention, commonly known as TIR Convention on International Transport of Goods Under Cover of TIR Carnets. “This will surely help in promoting ECO regional trade,” he added.

Haroon Khan called for taking advantage of the existing MOU between WCO and ECO to maximize the benefits for capacity building, enforcement operations and joint exercises and “we should also benefit from the ECO Agreement on Mutual Administrative Assistance in Customs Matters in order to share information”. “Electronic Data Interchange (EDI) is an important instrument of cooperation in this age of fast communication and the paperless world. This can assist the Customs Administrations to share vital information to facilitate the legitimate trade.”

The Special Assistant to PM on Revenue also offered Pakistan to become a regional training hub for ECO countries in all the relevant areas of Customs cooperation. “The existing facility of the Directorate General of Training and Research of Customs in Karachi can be effectively utilized to conduct training courses from the perspective of both Enforcement and Trade Facilitation. A pool of our already accredited trainers by World Customs Organization can provide these training.  This center can provide our colleagues from Central Asian countries, which do not have a port, a unique experience at a seaport and to observe modalities of transit trade.”

Highlighting the economic gains and achievements of recent years, Mr. Haroon Khan told the delegates Pakistan has done fairly well in attaining macroeconomic stability. “Our inflation is at a historical low of around 4 %. Our GDP growth was 5.3% last year. We are well on our way to achieve the 6% mark this year. Our Central Bank policy rate is at 5.75%, one of the lowest in our history. Our fiscal deficit remains under 6%. Our currency is stable. Our Stock Market has gone up from under 19,000 to over 41,000 in a short period of four years. Our Power Shortage problem is soon to be a thing of the past with thousands of megawatts coming online. Our gas shortage is being covered by importing Liquefied Natural Gas (LNG). We successfully ended a three year IMF programme last year.”

He also noted Pakistan’s contribution in the fight against terrorism, saying “we not only fought for our own country but also fought this battle for the rest of the world”. “Pakistan has been the Front Line State in this war. We sacrificed the lives of thousands of military and paramilitary soldiers and the lives of tens of thousands of civilians. The economic losses were more than 100 billion US dollars. We have proved once again that we are a resilient nation.”

In the end, Haroon Khan thanked the delegates for their active participation and hoped they would take home further inspiration on how to foster the necessary changes. He also expressed gratitude to all the guests for coming to Pakistan and “giving us this unique opportunity to host the delegates of ECO nations”.

Hamid Raza Khan
Secretary (PR)

 

Nov 13, 2017

FBR explains filing of returns to FFC employees in Mirpur Mathello

Facilitation and Taxpayer Education (FATE) Wing of the FBR and Fauji Fertilizer Company (FFC) jointly conducted an extensive training-cum-facilitation workshop on ‘Filing of Income Tax returns’ for the FCC employees at its plant in Mirpur Mathello and Machi Goth.

A two-member FBR team led by Dr. Tauqeer Ahmad, Commissioner Regional Tax Office (RTO) Hyderabad visited the FCC plants at Mirpur Mathello and Machi Goth and conducted the workshop aimed at explaining the advantages and procedures of filing Income Tax return and becoming part of the Active Taxpayer Lists (ATL). A large number of the staff from the management and technical wings of the company attended the session. Senior FFC officials including Resident Manager FFC Brig (retd) Muhammad Jamil and Sr. Manager Maintenance Wajid Ishaq Bhatti were also present.
The training workshop was conducted following a meeting held last month between Member FATE FBR Ms Nausheen Javaid Amjad and FCC’s Managing Director and Chief Executive Lt-Gen Shafqaat Ahmed (Retd) as part of FBR’s taxpayers outreach programme started since the start of September to create awareness and understanding of tax obligations about filing of Income Tax returns among the employees of large public and private sector organisations.
In a detailed presentation today, Dr. Tauqeer Ahmad who was assisted by Mr. Shamim Murtaza, ADCIR (IP) Regional Tax Office (RTO) Hyderabad, explained in depth the basic concepts of taxations and provisions relating to the salaried class of persons, benefits of filing tax returns and the method and procedure of e-filing. Later, an extensive Q&A session was followed during which keen questions were asked regarding different aspects of filing of Income Tax returns. Dr. Tauqeer Ahmad addressed all the questions in a professional manner, dispelling the fears and misgivings of the participants about filing their returns and becoming part of the tax system.
Towards the end, Resident Manager FFC Brig (retd) Muhammad Jamil thanked the FATE Wing of FBR for conducting the workshop and extending technical support and facilitation in e-filing for his company’s employees. He also lauded the outreach and awareness programme initiated by FBR for the taxpayers and assured full cooperation in ensuring maximum compliance and filing of tax returns by their employees

Hamid Raza Khan
Secretary (PR)


Nov. 08, 2017

FBR eyeing 1.4m filers this year, Haroon tells NMC participants

Special Assistant to the Prime Minister on Revenue Mr. Haroon Akhtar Khan has described the state of the economy as “healthy and stable” with most of the economic indicators showing positive growth trends as evidenced by stable ratings regularly given to Pakistan by international agencies monitoring our economic performance.
He was speaking to the participants of the 107th National Management Course (NMC) during their visit to the FBR House today. Chairman FBR Mr. Tariq Mahmood Pasha, Dean National School of Public Policy Mr. Naeem Aslam and Members of the FBR were also present.
Giving an overview of the state of the economy and the growth trends on the revenue generation front, Mr. Haroon said the country was well on its way to achieving 6 % GDP growth during the ongoing fiscal as compared to 5.3% growth recorded last year. He said a similar growth trajectory was visible in the revenue collection which had gone up from Rs 1946 billion in 2013 to Rs 3362 billion in 2017, recording an overall 73 % growth in the last four years.
He said FBR was looking at Rs 4000 billion revenue target for the ongoing fiscal and even though it was a humongous task, efforts made in recent years had paid dividends and made it possible for the government to give away an additional Rs 3500 billion to the provinces under the NFC which would not have possible without optimal resource mobilization. “We have shown results despite a marked decrease in the inflation which is around 4% today as against 9% in 2013 and almost 25% in 2008-09.
Mr. Haroon Akhtar also dispelled the impression created about the accumulation of government debt which stands at 61% of GDP while it was 60% of GDP in 2013. He said that the external debt was 21% of the GDP in 2013 and it is now 20% of the GDP.
The Special Assistant to the PM on Revenue conceded the country’s imports had gone up to $ 53 billion but “they reflect on the consumption capacity and strength of our economy”. “The situation is obviously challenging and we must do a lot of work to increase our exports.
Chairman FBR Tariq Mahmood Pasha also spoke on the occasion and briefed the participants about FBR’s efforts for broadening of tax base which he identified as the key area his team had selected to work on to promote tax compliance and enhance the tax-to-GDP ratio. Earlier, separate presentations were given by Member (Operations) FBR Kh Tanveer Ahmad and Member Customs FBR Zahid Mahmood Khokhar on the working of Inland Revenue Service and Pakistan Customs Service.
Towards the end, Dean NSPP Mr. Naeem Aslam thanked the FBR management for hosting the participants and giving them an insight into “a real government at work”. Shields were also exchanged.

Hamid Raza Khan
Secretary (PR-FATE)

 

Nov 07, 2017

FBR conducts a workshop on filing of returns for FF employees

Facilitation and Taxpayer Education (FATE) Wing of the FBR and Fauji Fertilizer Company (FCC) today teamed up to hold an extensive training-cum-facilitation workshop for the FCC employees keen to file their Income Tax returns.

A two-member FBR team led by Mr. Shakeel Ahmad Kasana, Commissioner Large Taxpayer Unit (LTU) Islamabad visited the FCC Headquarters in Rawalpindi and conducted the workshop aimed at explaining the advantages and procedures of filing Income Tax return and becoming part of the Active Taxpayer Lists (ATL). Over 100 senior officers of the company attended the session.

The training workshop was conducted following a meeting earlier on between Member FATE FBR Ms Nausheen Javaid Amjad and FCC’s Managing Director and Chief Executive Lt-Gen Shafqaat Ahmed (Retd) as part of FBR’s outreach programme for creating awareness and understanding of tax obligations about the filing of Income Tax returns. As part of the programme, FBR has contacted over 50 large corporations, financial institutions and companies during the last few weeks to explain to the management of these companies the advantages of filing Income Tax returns by their employees.
In a detailed presentation today, Mr. Shakeel Ahmad Kasana who was assisted by Mr. Sharique Tanveer, Deputy Commissioner Regional Tax Office (RTO) Islamabad, explained in depth the tax obligations for the salaried persons drawing taxable income, advantages of filing tax returns and the method and procedure of e-filing. Later, an extensive Q&A session was followed during which keen questions were asked regarding different aspects of filing of Income Tax returns. Mr. Shakeel Ahmad Kasana addressed all the questions in a professional manner, dispelling the fears and misgivings of the participants about filing their returns and becoming part of the tax system.

Towards the end, Brig Abid Mehmood (retd) of the FCC thanked the FATE Wing of FBR for conducting the workshop and extending technical support and facilitation in e-filing for his company’s employees. He also lauded the outreach and awareness programme initiated by FBR for the taxpayers and assured full cooperation in ensuring maximum compliance and filing of tax returns by their employees

Hamid Raza Khan
Secretary (PR-FATE)

 

Nov. 01, 2017

FBR registers more than 18.5% revenue growth

Federal Board of Revenue has continued to display satisfactory performance in the fourth consecutive month of the current financial year and achieved provisional gross revenue collection of over Rs. 1074 billion for the first four months of the fiscal year by recording an increase of around 20.4% over the revenue collected during the corresponding period of last fiscal year. Refunds during this period have been issued to the tune of Rs 42 billion as against Rs 21 billion issued during this year depicting an increase of 100% during the corresponding period of the previous fiscal year. In addition to the issuance of these refunds, another amount of approximately 13 billion has been issued a sales tax refund to refund claimants through direct credit to their bank accounts. Provisional net revenue collection was recorded as  Rs. 1033 billion for the first four months of the fiscal year with an increase of around 18.5% over the net revenue collected during the same period of last fiscal year. The target for the year has been fixed with an annual increase of 19.2% over the previous year.
The provisional collection for the month of October 2017 was 267 billion which shows an increase of more than 12% over the collection for October 2016 which depicts a substantial improvement over the growth of 5.23 percent registered in the monthly collection last year. During the fiscal year 2016-17, the collection for the first four months stood at 872 billion as against the figure of Rs 1032 billion collected this year.
During October 2017, according to the provisional figures received so far, FBR has made a net collection of more than Rs. 267 billion as against Rs. 237 billion collected during October 2016. The revenue collection trend during the first four months of the financial year augurs well for the efforts of FBR towards the achievement of the assigned annual revenue targets.
Federal Board of Revenue also wishes to dispel the impression created by some reports appearing in sections of the press that the number of the returns received for the tax year 2017 has declined as compared to returns received for the tax year 2016. This impression is grossly misleading as only 352,022 returns were received up to November 1, 2016, whereas 608,587 returns have been received till November 1, 2017. This shows a substantial increase of 72% in the number of returns received during the same period of the previous fiscal year
Hamid Raza Khan
Secretary (PR-FATE)

 

Oct. 27, 2017

FBR’s outreach program to help broaden tax base says PTBA

Pakistan Tax Bar Association has lauded the FBR’s Outreach Programme, calling it a step in the right direction and a great way of enhancing the image of FBR and broadening the tax base in the country.

In a letter addressed to Chairman FBR Mr. Tariq Mahmood Pasha, Mr. Abdul Qadir Memon, president of the Pakistan Tax Bar Association (PTBA) has welcomed the recently launched taxpayer outreach programme to create awareness and offer necessary facilitation from FBR officials about the filing of Income Tax returns.

In the letter, Mr. Qadir Memon said the Chairman FBR and his entire team deserves commendation and gratitude for its “visionary” outreach programme from the members of the Bars across the country. “This is the first time in the history of FBR that your senior team members, Nausheen Javaid Amjad and Khawaja Adnan Zahir have made a concerted effort in creating awareness regarding filing of tax return not only for their interest but also for the betterment of the country,” he said in the letter.

Mr. Memon believed the FBR’s efforts would go a long way in helping to broaden of the tax base as the low tax base has put the undeniable burden on the existing taxpayers and gravely impacted the tax-to-GDP ratio. “The tax facilitation of the existing taxpayers and simplification of various tax laws and procedures are important areas that require FBR’s attention as well,” he added.

Mr. Memon further hoped that under the visionary leadership of Chairman FBR, “the dream to broaden the tax base will be realized”. “We are hopeful that steps undertaken by FBR will enhance Tax-to-GDP ratio and lessen the burden on the existing taxpayers.”

He noted with appreciation “the fact that tax facilitation to the existing taxpayers has been given immense importance in order to boost tax filing across the country”. “Facilitation along with Imposition of fair tax, dispensation of justice, confidence of existing taxpayers in the team members of tax machinery must be ensured for the growth of the economy … we are extremely hopeful that these matters will also be addressed,” he said, offering all help from Pakistan Tax Bar Association and its members across the country “to work hand in hand for a better and prosperous Pakistan”

Hamid Raza Khan
Secretary (PR-FATE)

 

Oct. 24, 2017

PARCO, OICCI extend support for FBR’s taxpayer outreach programme

 

Federal Board of Revenue (FBR) has further widened the scope of its ongoing taxpayer outreach programme by reaching out to the management of PARCO and members and office-bearers of OICCI with a view to creating awareness regarding discharging tax obligations by the taxpayers.

The contacts are being made as part of a countrywide exercise started last month by FBR to reach out to more than 50 large public and private sector organisations for roping in their support for the FBR’s drive for filing of Income Tax returns which expires on 31st of October 2017.

In order to improve the number of tax filers and create awareness about the advantages of filing of returns, Member Facilitation and Taxpayer Education (FATE) FBR Mrs. Nausheen Javaid Amjad visited Karachi and held separate meetings with Managing Director PARCO Mr. Tariq Rizavi as well as members and office-bearers of Overseas Investors Chamber of Commerce and Industry, including OICCI Secretary General Mr. Abdul Aleem.

During the meetings, Ms Nausheen Javaid Amjad said FBR was aware of the organisations and companies diligently fulfilling their responsibility of reporting salary paid and taxes withheld from their employees. However, the employees of these companies were only fulfilling half of their legal obligation and skipping the part that required them to file their tax returns and become filers to reap a host of dividends and advantages accrued from the filing of returns, she added.

The PARCO MD and office-bearers of the OICCI lauded what they called a noble cause and initiative of FBR to create public awareness and improve the number of tax filers. They assured their full cooperation to make the FBR outreach campaign successful. Various proposals for simplifying and improving the procedures and business processes for filing of returns were also discussed and it was agreed to maintain and further enhance outreach efforts by FBR to build a stronger interface with the taxpayers.

Hamid Raza Khan
Secretary (PR-FATE)

 

Oct 20, 2017

Levy of duties aimed at reducing import bill, furthering growth

Federal Board of Revenue (FBR) has said the purpose of recently-levied duties is to reduce the import bill, provide enabling atmosphere for competition to local manufacturers and further economic growth of the country.

FBR has maintained that during the current financial year, Pakistan has seen a surge in imports. In order to slow down the growth in the import of non-essential items or of the goods whose substitutes are locally produced, the government has imposed Regulatory Duty (RD) on such items. FBR has issued notification SRO 1035(I)/2017 dated 16th October 2017 in consultation with the Ministry of Commerce, which has imposed new RD on 26 items only (137 tariff lines) including new cars (less than 1800 cc), plastic articles, Dry fruits, sun glasses, cigarette paper, tobacco, wall paper etc. Moreover, rates of RD have been increased on 21 imported items only (219 tariff lines) including betel nuts (Supari), betel leaves (Paan), cosmetics, fruit juices, tiles, footwear, tyres, handbags, tableware, kitchenware, and home appliances like air conditioners, refrigerators etc. The rates of RD range from 10% to 30% on different items, which are generally consumed by affluent segment of the society.

The purpose of these duties is not the generation of revenue but to reduce the import bill of the country. Moreover, the local manufacturers or producers of such items would be able to better compete with the imported products, which is expected to improve Pakistan’s economic growth and provide more employment. Moreover, the RD collected would be utilized to finance the export package of the government which would help in enhancing Pakistan’s exports.

An impression has been created that Regulatory duty has been imposed on 731 items, which is incorrect. This SRO has replaced eight previous SROs of RD, and most of the items that appear in this notification were already subject to RD in the previous SROs. The superseded notifications include SRO 568(I)/2014 dated 26th June 2014, 482(I)/2009 dated 13th June 2009, SRO 808(I)/2009 dated 19th September 2009, SRO 214(I)/2010 dated 29th March 2010 , SRO 1043(I)/2014 dated 25th November 2014, SRO 254(I)/2015 dated 30th March 2015, SRO 393(I)/2015 dated 30th April 2015, and SRO 1248(I)/2015 dated 17th December 2015

Federal Board of Revenue (FBR) has said the purpose of recently-levied duties is to reduce the import bill, provide enabling atmosphere for competition to local manufacturers and further economic growth of the country.

FBR has maintained that during the current financial year, Pakistan has seen a surge in imports. In order to slow down the growth in the import of non-essential items or of the goods whose substitutes are locally produced, the government has imposed Regulatory Duty (RD) on such items. FBR has issued notification SRO 1035(I)/2017 dated 16th October 2017 in consultation with the Ministry of Commerce, which has imposed new RD on 26 items only (137 tariff lines) including new cars (less than 1800 cc), plastic articles, Dry fruits, sun glasses, cigarette paper, tobacco, wall paper etc. Moreover, rates of RD have been increased on 21 imported items only (219 tariff lines) including betel nuts (Supari), betel leaves (Paan), cosmetics, fruit juices, tiles, footwear, tyres, handbags, tableware, kitchenware, and home appliances like air conditioners, refrigerators etc. The rates of RD range from 10% to 30% on different items, which are generally consumed by affluent segment of the society.

The purpose of these duties is not the generation of revenue but to reduce the import bill of the country. Moreover, the local manufacturers or producers of such items would be able to better compete with the imported products, which is expected to improve Pakistan’s economic growth and provide more employment. Moreover, the RD collected would be utilized to finance the export package of the government which would help in enhancing Pakistan’s exports.

An impression has been created that Regulatory duty has been imposed on 731 items, which is incorrect. This SRO has replaced eight previous SROs of RD, and most of the items that appear in this notification were already subject to RD in the previous SROs. The superseded notifications include SRO 568(I)/2014 dated 26th June 2014, 482(I)/2009 dated 13th June 2009, SRO 808(I)/2009 dated 19th September 2009, SRO 214(I)/2010 dated 29th March 2010 , SRO 1043(I)/2014 dated 25th November 2014, SRO 254(I)/2015 dated 30th March 2015, SRO 393(I)/2015 dated 30th April 2015, and SRO 1248(I)/2015 dated 17th December 2015

Hamid Raza Khan
Secretary (PR-FATE)

 

Oct 13, 2017

FBR team meets banks, gas company executives in Karachi to boost filing of returns

As part of FBR’s outreach & awareness programme for filing of Income Tax returns before the due date of 31st October 2017, a two-member FBR team led by Member FATE Nausheen Javaid Amjad spent a busy day in Karachi today to hold a series of meetings with the heads of various banks and companies to apprise them of facilitative measures adopted by FBR to motivate the people to file their tax returns.
Ms. Nausheen Javaid Amjad, Member Facilitation and Taxpayer Education (FATE) Wing FBR, who was accompanied by Chief FATE Ms. Tehmina Aamer used the meetings to acknowledge the laudable role being played by large organisations in reporting the salaries and tax deducted from their employees and requested them to educate and motivate their employees to file their individual Income Tax returns as well to fulfil an important legal obligation.
The meetings were held separately with the Acting President & CFO of Habib Bank, Mr. Raymond Kotwal; President Meezan Bank Mr. Irfan Siddiqui and Acting Managing Director SSGC Mr. Muhammad Amin Rajput at the respective head offices of these organisations to mark a shift in the FBR efforts by reaching out to the taxpayers and offering them all kinds of assistance and support at their doorsteps to ensure tax compliance. “We understand that sending notices to non-filers is a traditional mode of enforcement but there is now a renewed focus and greater desire in FBR on creating awareness among the public and offering them maximum facilitation and help in shouldering their tax-related responsibilities,” said the Member FBR. She said the filing of returns could result in significant advantages to the employees and save them from paying higher differential rate of taxes introduced for the filers and non-filers.
During the meetings, positive sentiments were expressed about FBR’s initiative of creating awareness and reaching out to taxpayers for building a friendly interface with them. The FBR’s offer of extending support and facilitation through training and technical sessions in e-filing was appreciated while a full cooperation in ensuring maximum compliance and filing of tax returns from the employees of these organisations was assured.
Meanwhile, FBR team also held a detailed meeting with the office-bearers of Pakistan Tax Bar Association at the offices of LTU Karachi. President Bar Association Mr. Abdul Qadir Memon was also present. The office-bearers and members of the tax bar were also requested by the FBR team to lend their hand in making the FBR’s outreach & awareness programme successful.
Hamid Raza Khan
Secretary (PR-FATE)

Oct. 02, 2017

Great News !

PakCustoms.org mobile web Application has been launched. Download PakCustoms.org Mobile App by link: http://pakcustoms.org/app/PakCustoms.apk

 

Sept. 28, 2017

FBR engages chambers, industry captains in the drive for the filing of IT returns

Federal Board of Revenue (FBR) has stepped up its taxpayer’s outreach campaign by engaging chambers, banks, power distribution companies and business organizations in Khyber Pakhtunkhwa in a bid to further boost the filing of Income Tax returns as the last date of 30th September for the filing of Income Tax returns approaches.

A team of FBR’s Facilitation and Taxpayers Education (FATE) Wing led by Member FATE, FBR, Ms Nausheen Javaid Amjad and Chief FATE Ms. Tehmina Aamer Thursday visited Peshawar and held separate meetings with Mr. Shamsul Qayum, Managing Director of The Bank of Khyber, Zahidullah Shinwari, President of the KP Chamber of Commerce and Industry, Mr. Fuad Ishaq, former president of Sarhad Chamber of Commerce and Industry, Mr. Ghazafar Bilour, former president of KP Chamber of Commerce and Industry, Mr. Sharafat Ali Mubarak, president of Anjuman e Tanzim e Tajiran KP, Mr. Yasir, Chief Financial Officer of Peshawar Electric Supply Company and sought their active role and assistance in promoting and underlining the benefits of filing of Income Tax returns by the employees in their organisations.

Ms. Nausheen Javaid Amjad used the meetings to brief her hosts on FBR’s efforts aimed at facilitation of taxpayers, broadening of the tax base as well as informing the taxpayers about the benefits of filing of Income Tax returns. She said FBR had started an extensive outreach and awareness campaign through the media as well as direct, one-on-one interaction with the captains and office-bearers of various industries, financial and business organizations, chambers and trade bodies to promote a culture of tax compliance.

Member FATE FBR lauded the professionalism and sense of duty displayed by big organizations and companies in diligently reporting the salaries paid and taxes withheld from their employees. However, a lot of work was required to be done in motivating and urging the employees to file their tax returns and become filers to reap a host of dividends and advantages accrued from the filing of returns, she noted. She said FBR was willing to work with organizations and give them any technical assistance and facilitation through training sessions and workshops to help their employees file their tax returns.

During the meetings, positive sentiments were expressed about the FBR’s initiative of building an interface with the taxpayers and shunning the practice of sending out tax notices in favour of more personalized and direct communication and interaction with the taxpayers to boost their confidence and win their support for the ongoing campaign for filing of Income Tax returns.

Hamid Raza Khan
Secretary (PR-FATE)

 

Aug. 25, 2017

FBR denies underestimation of tax liabilities

Federal Board of Revenue has denied a news report appearing in a section of the press claiming that FBR’s online system underestimates tax liabilities.

FBR categorically denies such news as manual calculation made by the assessing officer in the body of manually typed order was not in accordance with the charging provision of Income Tax Ordinance, 2001. The element of fixed tax/minimum tax, as well as PTR, was not looked into properly. On the other hand, the calculations made by the system are based on business rules that have been properly framed after taking all relevant legal precision.

Regional Tax Office-III Karachi has duly been directed to instruct the assessing officer(S) to use the facility of the online system despite using manual tax calculations, erroneously.

Hamid Raza Khan
Secretary (PR-FATE)

 

Aug. 23, 2017

Condolence reference held at FBR House for deceased officer

A condolence reference was held at FBR House for Mr. Mumataz Ali, a young BS-17 officer of the Pakistan Customs Service, who expired in a fatal road accident on 22nd August 2017.

Chairman FBR Mr. Tariq Mahmood Pasha, Members of FBR as well as officers and staff of FBR House attended the reference for the deceased officer who belonged to the Pakistan Customs Service (35th Common Training Programme) and joined the Civil Service in September 2007. The deceased was highly qualified with a master degree in Foreign Policy from the University of Sindh, Jamshoro and an MBA from the Institute of Business Administration (IBA) Karachi.

Mr. Mumtaz Ali was serving as Assistant Collector MCC Hyderabad at the time of his tragic death. He distinguished himself as a through professional and a diligent and hardworking officer having a firm handle on Customs laws and procedures. To his colleagues, he was known as a humble, soft spoken and down-to-earth person.

The news of his tragic death was received with shock and anguish by the FBR officers and staff who gathered for the reference and remembered him and his meritorious services for the country and the Customs Department.

Speaking on the occasion, Mr. Muhammad Zahid, Member (Customs) paid glowing tribute to the officer for his yeomen services for the department and expressed his deep shock on the untimely demise of the young officer. He assured that FBR would leave no stone unturned to support and assist the family of the officer in this moment of grief and sorrow. In the end, Fateha was offered for the departed soul for his forgiveness and granting him place in Jannah by Allah Almighty.

Hamid Raza Khan
Secretary (PR-FATE)

 

Aug. 17, 2017

FBR rebuts news reports about non-credit of online refunds

Federal Board of Revenue (FBR) has rebutted a news report appearing in a section of the press claiming the online transfer of Rs 23 billion sales tax refund to the claimants/exporters had not been initiated despite lapse of 8 days after the announcement made in this respect by the Minister for Finance & Revenue in FBR on 8th August 2017.

In a statement, FBR has clarified that a sum of Rs 23.858 billion was to be electronically transferred to the claimants/exporters in July and August 2017, as per commitment of Minister for Finance and Revenue as made in his budget speech. The SBP was requested to transfer the said amount on the date of ceremonies held in FBR i.e. 15th July 2017 and 8th August 2017. The State Bank of Pakistan, in both cases, confirmed the credit of amount of sales takes refund to the respective accounts on the next working day, except an amount of Rs 260 million which could not be duly credited for various reasons such as closure of account, inactive account, incorrect account number provided by the claimant etc.

FBR has further said that it has not received any complaint from any of the claimants/exporters to whom payments were made regarding non-transfer of the refund ammount.

Hamid Raza Khan
Secretary (PR-FATE)

 

July 26, 2017

FBR alerts taxpayers to fake emails; FIA approached to probe the issue

It has been reported to the Federal Board of Revenue that some hackers are using a fake webpage of FBR created for nefarious purposes. The taxpayers receive an email about their tax refund from fake email addresses e.g. rreid@voorhees.edu which appear to be originating from FBR but in fact are not. The email informs the taxpayers to collect their tax refund by clicking on the designated link to a fake website of FBR which has links to banks.FBR’s official website is http://www.fbr.gov.pk but the click leads to fake web address http://www.thefordbarn.com/media/FBR/refundportal.htm asking for their bank account number and password. If the users provide the information, their identity is compromised and their bank accounts are then hacked.

FBR categorically denies any association with these emails and advise taxpayer’s against clicking or opening any links shared in these fraudulent emails.
Federal Board of Revenue (FBR) has taken exception to fake and fraudulent emails targeting taxpayers with fake information about their refund due against their filed return.

These phishing emails are designed to obtain taxpayers’ banking information in lieu of facilitating payment of their tax refund. FBR has further advised the taxpayers against disclosing any information especially related to their bank accounts via these links.

FBR has already requested FIA to investigate these fraudulent emails designed to defraud the taxpayers and to expose the culprits behind this nefarious activity. In the meanwhile, the public and the taxpayers are advised to beware of such emails designed to defraud them and refrain from sharing any information via the links provided in these emails.

Hamid Raza Khan
Secretary (PR-FATE)

 

July 19, 2017

FBR alerts taxpayers to fake, harmful emails

Federal Board of Revenue (FBR) has alerted the taxpayers to fake, harmful emails-cum-notices being sent to them regarding anomalies in their tax returns.

A statement by FBR has denied any association with these emails being sent from a fake email address do-not-reply@fbrgovpk.com which has no connection with FBR’s email domain. These fake emails inform the targeted taxpayers the tax returns filed by them do not match their sources of income and further advise them to contact the Commissioner Inland Revenue at the earliest. These emails also reportedly carry attachments infected by harmful viruses and malware.

This nefarious activity apparently by some hackers is a type of spamming used to send viruses and malwares to the general public and taxpayers. The taxpayers and the general public are advised to ignore such fake emails and refrain from clicking any link provided in them. The receipt of such fake emails should be immediately reported to the authorities concerned.

Hamid Raza Khan
Secretary (PR-FATE)

 

July 15, 2017

Sales Tax refund payment ceremony held at FBR

The Minister for Finance and Revenue Senator Mohammad Ishaq Dar visited FBR Headquarters on Saturday, 15th July 2017, and presided over a ceremony of payment of sales tax refunds.

It was announced by the Finance Minister in the budget speech for the year 2017-18 that taxpayers’ long outstanding demand for payment of refunds will be addressed soon and the sales tax refunds against refund payment orders (RPOs) issued up to 30th April 2017, shall be paid in two stages. Firstly, payments against RPOs involving amount up to Rs. 1 million were to be paid by 15th July 2017; and in the second stage refund against RPOs of amount more than Rs. 1 million shall be paid by 14th August 2017.

In his opening remarks, the Finance Minister welcomed the new Chairman FBR Mr. Tariq Mahmood Pasha and expressed hope that the new Chairman and his team will strive to overcome the challenges and make all efforts to achieve the target for the new financial year and simultaneously accord due priority to facilitation of taxpayers.

The Finance Minister stated that the government was conscious of the problems being faced by the taxpayers and is taking many steps to resolve these problems. He stated that the ceremony was part of such measures and through this first part of the commitment made in the budget speech is being fulfilled. The payment is being paid against 6853 RPOs issued by 30th April 2017, of the amount up to Rs. 1 million. The next part of commitment shall also be fulfilled by making payment against RPOs with amount more than Rs. 1 million by 14th August 2017.

The Finance Minister informed that for the first time refund payments were made through direct electronic transfer to claimants’ bank accounts through State Bank in November 2016. The payments made in the ceremony will also be transferred in the same manner to the claimants’ accounts in the next two working days. This measure, he said, is aimed at enhancing transparency and facilitation and reducing contact between tax collectors and the taxpayers.

In the concluding part of the ceremony, the Finance Minister pressed the button of FBR’s Computerized System to remit the bank advice to the State Bank for transfer of the amount involved.

Hamid Raza Khan
Secretary (PR-FATE)

Dec. 09, 2015

New website www.bahriatownoffers.com has been launched !

A new website regarding Bahria Town Karachi project has been launched successfully on Dec. 09, 2015.  Everyone knows in Pakistan that Bahria Town has developed value-added, master-planned communities housing thousands of families enjoying a complete living experience. Bahria Town is located 9 km away at left from Toll Plaza, Superhighway, Karachi.

The whole Bahria, like others in the country, is consisting of the residential and commercial projects, nevertheless, if you need to focus on Bahria Homes project to be developed and constructed by Bahria Town, so that it’s located close to the Grand Masjid of Bahria Town, Karachi.

It’s 200 sq. yards. Villas, the constructed area is over 2,200 sq feet,
while the total price for a unit by Bahria town is Rs. 4.9 million.




 

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