MCC Peshawar seizes smuggled mobile phones worth 5.0 million.


KARACHI: MCC Peshawar has seized 180 smart phones of Samsung and LG brands, which a passenger Mohammad Waqas Javed coming from Dubai attempted to smuggle into the country. Information was received through Collector Peshawar Gul Rehman that attempt would be made to smuggle mobile phones. Subsequently, strict vigilance was kept at Bacha Khan International Airport. The accused coming from Dubai via Emirates Airline was spotted and upon checking 180 mobile phones worth Rs5.0 million approximately were recovered from his luggage. A case has been lodged and investigations are under way.

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FBR to issue notices to tax defaulters from September 15

KARACHI: Federal Board of Revenue (FBR) decided to send notices to over 1,30,000 tax defaulters of 2013-14, from September 15,2015. According to the sources the above said defaulters are registered taxpayers but they avoiding to submit their tax returns of the year 2013-14. All regional tax offices already completed lists of defaulters. The notices are being prepared in accordance with income tax ordinance 114, and they will be given a grace period of 45 days to submit their tax returns, otherwise FBR will take stern action against these defaulters. The…

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Majority don’t claim tax refunds: FBR

KARACHI: The individuals – who pay adjustable withholding income tax at various payments – have right to claim refunds, but majority of them do not claim because they do not file returns, said Asrar Raouf, former senior member of the Federal Board of Revenue (FBR).   “Refunds can only be claimed when an individual or a corporate firm files income tax return,” Raouf said, who is presently running T&D Block – which is a tax services and support firm.   A person can claim refunds on withholding tax deducted on…

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