Pakistan Customs Port Control Unit at Karachi has performed in an unprecedented joint international counter narcotics operation by sharing information on a suspicious container in transit trade. 1/7
The container was shipped from UAE and was destined for Afghanistan via Pakistan containing six 06M.Tons of Iodine also used as a precursor for methamphetamine 2/7
Methamphetamine is a powerful, highly addictive stimulant that affects the central nervous system and is an international and US Drug Enforcement Agency controlled list item 3/7
A historic seizure was made as Pakistan Customs shared the information about the consignment with Afghan Customs under UNODC Container Control Programme to intercept the container as Pakistan couldn’t detain the same being under international transit 4/7
The significance and implications of this achievement can be made from the observations of the In'tl Narcotics Board which has estimated that the seized Iodine had the potential to produce 4.5 metric Tons of Methamphetamine having market value of 91.670 Billion Pak Rupees 5/7
Moreover, it has also successfully averted the illicit flow of 546 million US dollars as ultimate funding to terrorist organizations 6/7
The international agencies have appreciated the effective planning, and professional handling of Pakistan Customs and role of Government of Pakistan in execution of the case in liaison with other International Law Enforcement Agencies 7/7
• • •
Missing some Tweet in this thread? You can try to
force a refresh
The Directorate of Intelligence & Investigation (Inland Revenue) Lahore has detected tax evasion by a reputed company which led to recovery of sales tax amounting to Rs. 1358 Million and default surcharge of Rs. 26 Million on 20th June, 2023. 1/5
The company had issued illegal credit notes of huge amounts in Annexure-C of the sales tax returns without corresponding debit notes from the buyers that suppressed output tax to reduce its sales tax liability for the tax periods in which illegal credit notes were issued. 2/5
The team of Directorate gathered information meticulously without disturbing the business activity of the company and initiated proceedings under section 38 of the Sales Tax Act, 1990 and retrieved the record and documents from the business premises. 3/5
Federal Board of Revenue holds three-day International Conference on Digitalization of Taxes in Pakistan at FBR Headquarters in collaboration with United Nations Economic and Social Commission for Asia and Pacific (UN-ESCAP). 1/5
Syed Nadeem Hussain Rizvi, Member Admn, FBR, delivered the inaugural note on behalf of Chairman FBR. He welcomed the participants from multilateral organizations, development sector, public sector organizations, officers of FBR & probationary officers of IRS Academy, Lhr. 2/5
Federal Board of Revenue (FBR) is considering allowing the corporate taxpayers a grace period of 40 days to switch over to the digital mode of payments w.e.f. November 1, 2021 under Tax Laws (3rd Amendment) Ordinance, 2021. 1/15 @FinMinistryPak
This has been stated in a press release issued by FBR to clarify the relevant clauses of Tax Laws (3rd Amendment) Ordinance.2/15
The Federal Board of Revenue vide the Tax Laws (3rd Amendment) Ordinance, 2021, (the New Ordinance) has introduced significant changes to the Income Tax ordinance, 2001 with a view to documentation of the economy, capture the supply chains, and broaden the tax base.3/15
The incumbent Government was fully committed to grant Federal Board of Revenue operational and financial autonomy in order to rule out the possibility of political interference and thus make it an efficient, merit based, service oriented and public friendly organization. 1/25
This was stated by Federal Minister for Finance & Revenue Shaukat Tarin while addressing the senior officers at FBR Headquarters Islamabad. 2/25
He appreciated last year’s commendable performance of FBR regarding collection of revenue target despite challenges posed by Covid-19. 3/25
موجودہ حکومت فیڈرل بورڈ آف ریونیو کو آپریشنل اور مالیاتی خودمختاری دینے کے لئے پر عزم ہے تاکہ سیاسی مداخلت کے امکان کو رد کیا جاسکے اور ادارے میں شفافیت ، میرٹ اور بہترین خدمات کے اصولوں کو پروان چڑھایا جا سکے۔1/24 @GovtofPakistan@FinMinistryPak
یہ بات وفاقی وزیر برائے خزانہ و ریوینو شوکت ترین نے ایف بی آر ہیڈکوارٹر کے دورہ کے دوران سینئر افسران سے خطاب کے دوران کہی۔2/24
انہوں نے پچھلے مالی سال میں کرونا وبا کے باعث پیداکردہ مشکلات کے باوجود ایف بی آر کا ٹارگٹ سے زائد ریونیو حاصل کرنے پر ایف بی آر کی تعریف کی۔3/24
اس اقدام سے تما م ٹیکس گزار افراد انکم ٹیکس، سیلز ٹیکس اور فیڈرل ایکسائز ڈیوٹی کے تحت تمام ایپلیکیشنز کو صرف شناختی کارڈ نمبر کے اندراج سے استعمال کر سکتے ہیں ۔ 2/6
شراکت داری پر مبنی فرمز اور کمپنیز کے لئے نیشنل ٹیکس نمبر مشترکہ ٹیکس تشخیصی نمبر ہو گا۔ اس اقدام سے سیلز ٹیکس ، انکم ٹیکس اور فیڈرل ایکسائز قوانین میں ہم آہنگی لائی گئی ہے۔ کاروباری آسانی اور ریٹنگ میں بہتری کی طرف یہ نہایت اہم اقدام ہے۔3/6