Stories from Irshad Ansari
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Bilateral trade: Govt considers more imports from India
Final decision after Economic Coordination Committee approval.
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Promoting Sports: Import of air guns to be allowed
At present, only selected associations and clubs are permitted to import air guns under ‘personal baggage’ schemes.
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Inland Revenue to be split into two
Complaints against the dept prompted FBR to consider the move.
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Revenue collection: FBR gets the job done
Authority collects Rs8.4b more than target in fiscal 2011.
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Govt to ban import of used cooking oil
Traders import oil as raw material for soap manufacturing.
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Import: Govt to ban harmful toys
Exporting countries would now be required to provide documentation certifying the products are not harmful.
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Huge discrepancies: Cricketers told to pay tax dues
Income tax dept also decides to move against several team members who are allegedly involved in evading taxes.
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Revenue: Rs23b collected in 15 days
Complaints over refund cases of upto Rs6 billion asked to be evaluated and cleared.
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WB delays tax reforms assessment visit
Mission to arrive on July 19 as it waits for IMF meeting.
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World Bank-Backed: Audit of tax reforms project to start from 18th
AGP will conduct an audit of FBR subsidiaries including PRAL, Large Taxpayer Units and Regional Tax Offices.