ISLAMABAD: Pakistan and the United Arab Emirates have agreed to enhance tax and customs cooperation, the Federal Board of Revenue (FBR) said after a meeting of its chairman with the UAE ambassador on Thursday.
FBR chairman Asim Ahmed met UAE Ambassador Hamad Obaid Ibrahim Al-Zaabi at the tax agency’s headquarters in Islamabad.
“It was agreed in the meeting that relevant departments of both countries would further promote cooperation in the field of customs and other inland taxes and would learn from each other’s best practices,” the FBR said in a statement.
The measures, the tax office said, would also result in increased trading volume between the two countries.
As the cash-strapped South Asian nation has been struggling to increase its tax revenues, it agreed with the UAE in 2019 to develop better mechanisms to share tax information about Pakistanis investing in the Gulf country, as it tries to counter possible attempts by nationals trying to conceal illegal wealth.
More than 1.2 million Pakistanis live and work in the UAE, which is the second-largest, after Saudi Arabia, contributor to Pakistan’s remittance inflows.
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Pakistan to enhance customs, tax cooperation with UAE
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Pakistan to enhance customs, tax cooperation with UAE
- FBR chairman Asim Ahmed met UAE Ambassador Hamad Obaid Ibrahim Al-Zaabi on Thursday
- UAE is the second-largest, after Saudi Arabia, contributor to Pakistan’s remittance inflows
Afghan authorities carry out strikes in retaliation for earlier Pakistani airstrikes
- Afghanistan’s military corps in the east says “heavy clashes” have begun in retaliation of Pakistan’s airstrikes
- Pakistan carried out strikes in Afghanistan over weekend, saying it killed over 100 militants in three Afghan provinces
KABUL, Afghanistan: Afghan military authorities say they have begun carrying out strikes against Pakistan in retaliation for Pakistani airstrikes days ago.
A statement issued by the media office of Afghanistan’s military corps in the east said “heavy clashes” had begun Thursday night “in response to the recent airstrikes carried out by Pakistani forces in Nangarhar and Paktia” provinces.
There was no immediate confirmation from Pakistan and no immediate information on casualties.
On Sunday, Pakistan’s military carried out strikes along the border with Afghanistan, saying it had killed at least 70 militants. Afghanistan rejected the claim, saying dozens of civilians had been killed, including women and children.
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