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Australia says no health issue with sheep; Pakistan should fulfil its...
KARACHI: The entire episode of Australian imported sheep not only resulted embarrassment for Pakistan government but also raised questions about credibility of importers and the role of media in...
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Amendment in Customs General Order 12/2002
KARACHI: The Federal Board of Revenue has substituted the para 116 of Customs General Order No.12/2002. According to the new para, vehicles to be treated as ambulances must have the following...
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Customs concessionary regime only admissible on air-conditioners’ CKD
KARACHI: The Federal Board of Revenue (FBR) has directed all Collectors of Customs that concessionary rate of customs duty on raw material, components and sub-components for the manufacturing of...
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Customs Valuation Ruling (VR) leave no room for value dispute requests
KARACHI: The Chief collector of Customs (South) has made it clear that the customs value of any imported commodity determined by the Director Customs Valuation in the form Valuation Rulings (VR) is...
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Customs collects Rs 58.121 million from Karachi Airport arrivals
KARACHI: The staff of Pakistan Customs of internationals arrivals Jinnah International Airport made a record revenue collection of Rs. 18 million in respect of duty & taxes which is 573 percent...
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FBR might assess possible in-appropriation in withholding and deposit of...
KARACHI: The disparity between the revenues of telecom companies particularly the cellular service providers and deposit of withholding tax has compelled the Federal Board of Revenue (FBR) to consider...
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Pakistan facing political challenges in broadening tax base: IMF
KARACHI: International Monetary Fund (IMF) has said that broadening of tax base in Pakistani government is facing political challenges despite initial success after convincing opposition on reforms. In...
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Pakistan, Switzerland treaty on avoidance of double taxation
KARACHI: The government of Pakistan and Switzerland signed treaty on December 20, 2008 in Islamabad to avoid double taxation on the following principles. (Income Tax) S.R.O.1290(I)/2008.- WHEREAS the...
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Text of convention for avoidance of double taxation between Pakistan and US
KARACHI: Following is the text of convention for avoidance of double taxation signed between Pakistan and United States on July 01, 1957. Double Taxation: Taxes on Income Convention signed at...
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Convention for avoidance of double taxation between Pakistan and Bahrain
KARACHI: The text of the convention signed between Pakistan and Bahrain for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income on June 27, 2005. The...
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Pakistan-Belarus treaty for avoidance of double taxation
KARACHI: The text of convention for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income between Pakistan and Belarus that was executed on July 23, 2004. NOW,...
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Convention for avoidance of double taxation between Belgium and Pakistan
KARACHI: Text of convention between Belgium and Pakistan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, which was signed on March 1980 and...
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Convention for avoidance of double taxation treaty between Pakistan – Bosnia...
KARACHI: Pakistan and Bosnia and Herzegovina have executed a convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income on August 24, 2004....
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Convention for avoidance of double taxation treaty between Pakistan and Canada
KARACHI: Pakistan and Canada have signed convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income on February 24, 1976. Chapter I. Scope of...
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Convention for avoidance of double taxation treaty between Pakistan and Denmark
KARACHI: Pakistan and Denmark have signed convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income on October 22, 1987. Have agreed as...
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