PCA unearths Rs2.4bn tax fraud ‘committed’ by cement maker KARACHI: The Post Clearance Audit (PCA) South has detected a tax fraud amounting to Rs. 2.4 billion against a... Updated 30 Dec, 2024 09:23am
Print EFS, money laundering: PCA South uncovers another Rs478m scam KARACHI: Post Clearance Audit (PCA) South has uncovered another Export Facilitation Scheme (EFS) and money... Updated 24 Dec, 2024 09:39am
Business & Finance PCA South uncovers Rs340m tax fraud KARACHI: The Post Clearance Audit (PCA) South has exposed a massive financial fraud involving a phantom company that... Updated 23 Dec, 2024 09:47am
Print EFS benefits over 1,500 exporters with duty, tax-free imports ISLAMABAD: Over 1500 exporters are enjoying the facility of duty and tax free imports under the Export Facilitation... Updated 29 Nov, 2024 02:24pm
Business & Finance APTMA urges govt to urgently restore EFS to pre-Finance Act 2024 status ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has urged the government to urgently restore Export... Published 26 Oct, 2024 07:24am
Business & Finance Key challenges: APTMA seeks Finance Minister’s help ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has sought Finance Minister’s support in resolution of... Published 18 Oct, 2024 06:10am
Print EFS ends: Exporters now to pay regular income tax: IMF ISLAMABAD: Exporters will be brought into the regular income tax regime, Exporters Facilitation Scheme terminated,... Updated 12 Oct, 2024 09:50pm
Markets APTMA urges govt to end ‘regressive taxation policies’ The All Pakistan Textile Mills Association (APTMA) has urged the government to end its ‘regressive taxation... Updated 23 Aug, 2024 09:19pm
Print Input goods for finished items: EFS users required to pay GST on supply: FBR ISLAMABAD: Manufacturers-cum-exporters (users) of “Export Facilitation Scheme” (EFS) would now be required to pay... Updated 19 Jul, 2024 10:16am
Print Export Facilitation Scheme 2021: FBR imposes certain conditions on new exporters ISLAMABAD: The Federal Board of Revenue (FBR) has imposed certain conditions on new exporters for acquisition of... Updated 30 Mar, 2024 02:21pm
Print ‘Misuse’ of EFS: Rs1.08bn tax evasion scam unearthed KARACHI: The Directorate General of Post Clearance Audit (PCA) South has uncovered a massive tax evasion scam... Updated 09 Mar, 2024 01:21pm
Print ECC asks MoC to review EFS in consultation with FBR ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed Commerce Ministry to review Export... Updated 23 Feb, 2024 11:02am
Business & Finance Around Rs358m another tax fraud detected in EFS KARACHI: Another tax fraud, amounting to around Rs 358 million has been detected in the Export Facilitation Scheme... Published 23 Feb, 2024 06:36am
Business & Finance EFS: another tax ‘fraud’ detected KARACHI: Another tax fraud, amounting to around Rs 358 million has been detected in the Export Facilitation Scheme... Published 23 Feb, 2024 06:36am
Business & Finance EFS: official explains FBR’s planned approach to textile value chain LAHORE: In a recent interaction with members of the All Pakistan Textile Mills Association (APTMA), Muhammad Sadiq,... Published 22 Feb, 2024 06:55am
Markets Textile unit commits Rs1.4bn tax ‘fraud’ by ‘misusing’ EFS KARACHI: A textile unit, reportedly owned by political bigwigs, has committed around Rs 1.4 billion tax fraud by... Updated 21 Feb, 2024 11:15am
Print ‘Hurdles’ to copper ingots’ export to China: Exporters move SIFC against FBR ISLAMABAD: Exporters have approached the Special Investment Facilitation Council (SIFC) against the Federal Board of... Updated 23 Jan, 2024 09:08am
Print Input goods’ import: SBP unveils procedure for availing EFS ITM facility KARACHI: The State Bank of Pakistan (SBP) has announced the procedure for availing International Toll Manufacturing... Updated 28 Dec, 2023 09:41am
Business & Finance Issues facing exporters will be resolved, IOCO DG tells APTMA LAHORE: Irfan Ur Rehman Khan, Director General Input Output Co-efficient Organisation (IOCO) of Federal Board of... Published 23 Nov, 2023 03:19am
Business & Finance Export Facilitation Scheme: Irritants facing APTMA to be removed: Customs official LAHORE: Zeba Hai Azhar, Member (Customs), FBR has assured APTMA of removing all irritants in Export Facilitation... Published 21 Nov, 2023 06:01am
Print FBR issues new indemnity bond for EFS users ISLAMABAD: The Federal Board of Revenue (FBR) has issued a new “indemnity bond” for exporters, who intended to sale... Updated 18 Jul, 2023 09:41am
Business & Finance FBR amends export facilitation scheme-2021 ISLAMABAD: The exporters would now be required to submit details of the export performance for the last 2-3 years... Published 15 Jul, 2023 06:08am
Business & Finance PTEA organises awareness session on ‘Export Facilitation Scheme’ FAISALABAD: The Collector Customs Faisalabad Muhammad Saeed Wattoo has said that the Export Facilitation Scheme ... Published 07 Jun, 2023 06:05am
Business & Finance Export facilitation scheme to boost exports: FBR collector KARACHI: Collector of FBR Collectorate of Customs Export Shafiq Ahmed Latki said that the government has introduced... Updated 30 Apr, 2023 06:34am
Print Manufacturers-cum-exporters: EFS users seek clearance of goods by customs LAHORE: The users of the Export Facilitation Scheme (EFS) have approached the Federal Board of Revenue (FBR) seeking... Updated 26 Apr, 2023 08:42am
Business & Finance EFS modules: exporters seekuser-friendly changes LAHORE: Exporters have sought changes to the modules of Export Facilitation Scheme (EFS) to make them user-friendly... Published 22 Apr, 2023 03:38am
Business & Finance FBR launches various modules of Export Facilitation Scheme LAHORE: Director General (DG) Customs Automation and Reforms, Federal Board of Revenue, Syed Shakeel Shah launched... Published 22 Mar, 2023 06:24am
Business & Finance 0.15m less containers arrived in Jul-Dec: FBR ISLAMABAD: A total of 0.55 million containers of importable goods/ commodities have reached Pakistan during the... Updated 11 Jan, 2023 08:54am
Business & Finance FBR launches various modules for facilitation of exporters under EFS LAHORE: The Federal Board of Revenue (FBR) has developed and launched various modules for facilitation of exporters... Published 04 Jan, 2023 06:02am
Business & Finance EFS module: APTMA urges FBR to remove glitches ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) Tuesday conveyed to the Federal Board of Revenue (FBR)... Published 28 Dec, 2022 04:12am
Afghan Taliban target ‘several points’ in Pakistan in retaliation for airstrikes: Afghan defence ministry
Afghan Taliban target ‘several points’ in Pakistan in retaliation for airstrikes: Afghan defence ministry