FBR

Our Special Correpondent LAHORE: The gross revenue collected in the FY ‪2018-19‬ was 3895 billion which has surpassed 4 trillion in FY ‪2019-20‬ for the first time in the history making the total gross revenue as 4123 billion,…

By Jahangir Hayat LAHORE: The shipping lines and private port terminal operators have been charging illegal detention and demurrages charges damaging the import business in the country while it seems no one is there to question them…

M Jahangir Hayat LAHORE: Directorate Customs Investigation and Intelligence Anti-Smuggling superintendent has been tested COVID-19 as positive and is admitted to 1000-bed quarantine at the Expo Centre Lahore. Lahore Customs I&I…

By Our Special Correspondent LAHORE: Cement Industry has demanded of the newly-appointed Federal Board of Revenue (FBR) Chairperson Nausheen Javed Amjad to extend relief for claiming rebate against cement exports. The cement industry…

By Our Special Correspondent LAHORE: Customs authorities have finally come to know that their terminal operators have done away with the Federal Board of Revenue FBR instructions of not charging demurrages and detentions for further…

Makes Nausheen Javed Chairperson on permanent basis Jahangir Hayat LAHORE: The Federal government on Monday appointed Nausheen Javed as new Federal Board of Revenue (FBR) Chairperson terminating the appointment of honorary/ pro bono…

Our Special Correspondent LAHORE: Federal Board of Revenue has released the information about refund claims sanctioned through FASTER (Fully Automated Sales Tax e-Refund) system developed for quick processing of refunds due to…

 Our Special Correspondent LAHORE: The Federal Board of Revenue (FBR), has released the information about the number of Point of Sales integrated with the FBR System. According to the released information, so far 5,783 POSs of 286…

Amendments related to purchases in business income tax returns be implemented at earliest, FBR chief urged. Our Special Correspondent LAHORE: The condition of CNIC is adding up tensions for sales tax registered suppliers, and it goes…

Our Special correspondent  Lahore:  FBR’s Helpline does not only educate the public but also provides them a forum through which the public can put forward their queries and seek resolution to most of their issues via phone, email or…

Our Special Correspondent Lahore: Syed Shabbar Zaidi, Chairman FBR held a meeting with Heads of Departments of National University of Science and Technology (NUST) and Lahore University of Management Sciences (LUMS) to discuss the launch…

Our SpecialCorrespondent LAHORE: Federal Board of Revenue (FBR) has requested Ministry of Finace of United Arab Emirates (UAE) to provide the information of all those Pakistanis who have sought UAE Iqama under Residence by Investment…

Our Special Correspondent LAHORE: Pakistan Tax Bar Association (PBA) and Lahore Tax Bar Association (LTBA) office Bearers Tuesday met Federal tax Ombudsman (FTO) Mushtaq Ahmad Sukhera. Pakistan Tax Bar Association and Lahore Tax Bar…

Postfiling index invokes for massive scale of reforms in tax audit, compliance structure. It takes around an average of 45 days to dispose a complaint against revenue division /FBR M Jahangir Hayat LAHORE: The complex nature of tax…

M Jahangir Hayat

Our Special Correspondent LAHORE: The Federal Board of Revenue (FBR) has warned the chief collectors, collector, director general who have spent above 40 percent of the budget during the first quarter of the Current Financial Year…

Our Special Correspondent Lahore: Federal Board of Revenue (FBR) Friday changed the rules to facilitate Small and Medium Enterprises to enhance exports through Notification No. 1002(I)/2019 dated 06.09.2019 which has introduced…

Our Special Correspondent LAHORE: In pursuance of Federal Board of Revenue’s directions, joint team of Pakistan Customs and Inland Revenue today on 4 th September visited the Mall of Lahore in its ongoing anti- smuggling drive. As…

Our Special Correspondent LAHORE: Federal Government has announced Export Facilitation Scheme in order to boost exports from Pakistan. In this regard, a high level meeting was convened under the Chairmanship of Chairman FBR in FBR House…

Summons 63,011 non-ST registered industrial, commercial units M Jahangir Hayat LAHORE: Federal Board of Revenue (FBR) Regional Tax Office-II, Lahore has hitherto issued 63011 sales tax registration letters/notices to industrial and…

Our Special Correspondent  Lahore: Federal Board of Revenue (FBR)  Monday said that only 9 refund claims of five exporter-oriented sectors were received by Friday, the 30th August, 2019, and the payment has been made against…

Islamabad: A new mega financial corruption scandal of billions of rupees was surfaced in Federal Board of Revenue (FBR), sources revealed. The inner sources have revealed that the Chairman FBR Shabbar Zaidi has decided to handover some…

Our Special Correspondent LAHORE: A representative 20-member delegation of the Punjab Sarafa Gems & Jewellers Association led by its Chairman Muhammad Ahmad will hold parleys with Member Policy Federal Board of Revenue (FBR) Dr. …

Our Special Correspondent LAHORE: Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi has said that there is a pressing need to bring the country out of an economic malaise and to tap Pakistan’s significant potential for internal…

FBR RTO-II shortlists 4066 owners of motor vehicles of 2400cc and above for enforcement of income tax returns  M Jahangir Hayat LAHORE: The Federal Board of Revenue (FBR) Regional Tax Office-II Wednesday issued notices to 2100…

Our Special Correspondent LAHORE: Member Customs Jawwad Owais Agha has said that Pakistan Single Window Single which helps improve efficiencies in custom clearance, increase the speed at which goods can move, and reduce cost of trade, is…

Our Special Correspondent LAHORE: Pakistan FMCG Importers Association (PFIA) has welcomed the Federal Board of Revenue (FBR) decision to inspect the proper import documents of foreign items present in the market to curb the…

Our Special Correspondent LAHORE: Federal Board of Revenue has urged general public to report complaints against the businessmen who are charging sales tax from consumers without being registered with FBR under the Sales Tax Act-1990. It…

Our Special Correspondent LAHORE: Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi has asked Managing Directors Sui Northern Gas Company Limited and Sui Southern Gas Company Limited to share the list of all persons using…

Our Special Correspondent LAHORE: Federal Board of Revenue has urged general public to report complaints against the businessmen who are charging sales tax from consumers without being registered with FBR under the Sales Tax Act-1990.…