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FBR Working to Reduce Rs. 2.3 Trillion Tax Claims Stuck in Litigations

FBR Working to Reduce Rs. 2.3 Trillion Tax Claims Stuck in Litigations
propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.

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FBR Begins Budget Preparation Exercises for FY23

FBR Begins Budget Preparation Exercises for FY23
newsmakers.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsmakers.pk Daily Mail and Mail on Sunday newspapers.

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Finance secretary asked to probe why PayPal is not operating in Pakistan - Newspaper

A parliamentary panel on Wednesday directed the finance secretary to hold a meeting with all stakeholders to probe why PayPal is not operating in Pakistan. AP/File
ISLAMABAD: A parliamentary panel on Wednesday directed the finance secretary to hold a meeting with all stakeholders to probe why PayPal is not operating in Pakistan.
The panel also recommended that there should be an exemption in custom taxes on import of especially designed mobile phones for visually-impaired people.
A meeting of the Senate Standing Committee on Finance Revenue and Economic Affairs was held at the Parliament House with Senator Talha Mahmood in the chair where the issue was discussed. People are unable to take full advantage of Amazon because PayPal does not operate in Pakistan, committee members pointed out. ....

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Highlights, New Taxes and Relief Measures from Pakistan's Budget 2021-22

The government is presenting the next fiscal year's budget with a total outlay of over Rs. 8 trillion. Unveiling the federal budget for FY22, finance ....

Shaukat Tarin , Technology Zone , Petroleum Crude Oil , Public Sector Development Programme , Pakistan Tehreeke Insaf , Tax Laws , Second Amendment , Special Technology Zone , Common Identifier Number , Border Sustenance Markets , Export Facilitation Scheme , Customs Wing , Ready To Use Supplementary Foods , Ready To Use Therapeutic Food , First Schedule , Federal Excise Act , ஷௌுகத் தாரின் , தொழில்நுட்பம் ஸோந் , பொது துறை வளர்ச்சி ப்ரோக்ராம் , வரி சட்டங்கள் , இரண்டாவது திருத்தம் , சிறப்பு தொழில்நுட்பம் ஸோந் , சுங்க சாரி , ரெடீ க்கு பயன்பாடு சிகிச்சை உணவு , முதல் அட்டவணை , கூட்டாட்சியின் கலால் நாடகம் ,

To promote confectionary items' exports: FBR raises customs duty drawback

National
April 28, 2021
ISLAMABAD: To facilitate the exporters of confectionery products, the Federal Board of Revenue (FBR) has substantially increased the customs duty drawback on the exports of confectionery items with effect from April 26, 2021.
The Federal Board of Revenue (FBR) has amended the standard duty drawback notification SRO. 212(I)/2009 through a notification issued here on Tuesday.
According to an announcement of the Federal Board of Revenue, “In line with Prime Minister’s Initiative of ‘ Make in Pakistan, FBR has issued SRO 520(I)/2021 dated 26.4,2021 revising duty drawback rates upwards for confectionery items to promote their exports”.
As per SRO 520(I)/2021, the extent of repayment of customs duty on the exports of biscuits has been increased to 0.54 percent of the Freight on Board (FOB) value. ....

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