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Shafqat Mehmud Director General Automation Federal Board of Revenue (FBR) has opposed the idea of capturing computerised national identity card number (CNIC) of the buyers under the proposed study report on the "Single Stage Sales Tax System".

An analysis report of the Federal Board of Revenue (FBR) has raised apprehensions over the concept of single stage sales tax proposing to replace 17 percent sales tax by 5-6 percent non-adjustable levy. It is learnt on Tuesday that Shafqat Mehmud, Director General Automation FBR, has submitted an analysis report on the study "Single Stage Sales Tax System".
Finance Minister Senator Ishaq Dar while addressing World Customs Day ceremony on the theme, "Co-ordinated Border Management", organized by FBR here on Monday said Pakistan Customs has made great strides in the recent years in achieving better visibility with its partners, including the international organisations, the business community, the development partners and other international trade stakeholders.
Model Customs Collectorate (MCC) Hyderabad seized various smuggled items worth Rs 198.750 millions during the current financial year of 2014-15. Collector Customs Hyderabad, Wasif Memon said this while talking to media on the occasion of International Customs Day held here at Custom House on Monday. "Anti-Smuggling Staff carried out crackdowns against smuggling of goods including Iranian origin diesel," he said.
The Federal Board of Revenue (FBR) has drafted instructions for the allotment of residential accommodation owned by the Board and controlled by its field offices to the eligible employees of Inland Revenue Service and Pakistan Customs Service. In this regard, the FBR on Monday circulated the draft of the instructions for allotment of FBR accommodation to the field formations for comments.
Federal Tax Ombudsman (FTO) Abdur Rauf Chaudhry has taken up the matter of alleged issuance of National Tax Number (NTN) on fake documents by misusing CNIC of citizens of Pakistan.
The President has rejected the Federal Board of Revenue''s (FBR) representation against an order passed by Federal Tax Ombudsman (FTO) on the issue of theft of taxpayers'' confidential data, which will now be investigated by Federal Investigation Agency (FIA), involving tax/PRAL officers, who illegally accessed confidential data of taxpayers'' assessment record.


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln