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Apr 22, 2021

FM & Trade Bodies’ Meeting – Expansion of Benami Proceedings – Property Vals – Power of Tax Concessions – Misc – Cus & Adjudication

1.      Tarin decides to hold meetings with trade bodies after briefings from 
Ministry

2.      FBR expands operations against Benami assets to four major cities

3.      Punjab Govt to revise property rates in upcoming budget

4.      LTO questions legality of tax concessions by IR Commissioners

5.      PISMA demands 20PC uniform GST rate for flat products

6.      FBR urged to abolish withholding tax, minimum tax for commercial 
importers

7.      Yellow channel: customs appears hesitant to introduce ‘NIIS’

8.      New system for cargo clearance launched

9.      FBR introduces automated process for scanning of cargo

10.     SHC allows SCRA filed by Collector MCC Hyderabad

11.     Sajidullah Siddiqui made FBR member (IT)
FM & Trade Bodies’ Meeting – Expansion of Benami Proceedings – Property 
Vals – Power of Tax Concessions – Misc – Cus & Adjudication

12.     FBR Clarification dt 21-4-2021 Tax Law (Second Amendment) Ordinance 
2021 – Withdrawal of Reduction in Tax Liability

13.     FBR Cir Let dt 14-4-2021 Data of Predicate Offence under AMLA 2010 
regarding Tax Evasion from October 2018 to date

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