FBR collects Rs 2080bn taxes during last six-month: Shabbar Zaidi
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ISLAMABAD: Chairman Federal Board of Revenue (FBR) Shabbar Zaidi tweets that the FBR has collected Rs 2080 billion as collective taxes during last six months.
In a tweet on social media on late night, FBR Chairman Syed Shabbar Zaidi said, “the tax collection body has collected Rs 2080 billion by this time for the half year ended December 31, 2019. This is higher by 16 percent over last year for the same period, he informed.
Earlier in the day, FBR had announced the finalisation of a draft law consisting amended regulations for cargo clearance that focuses on improvements in risk management system.
FBR spokesperson had announced Pakistan Customs finalised regulations related to risk management system for cargo clearance in accordance with the Article 7.4 of World Trade Organisation (WTO) laws.
The process of amendments in Customs Act 1969 had been completed under the Finance Act 2019, the spokesperson had added. The new regulations will be helpful to spot high-risk imports and export commodities besides significantly reducing the time of cargo clearance.
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