FBR

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.…

Our Special Correspondent Lahore: Chairman Federal Board of Revenue Shabbar Zaidi held a meeting with all groups of traders of Pakistan on August 8, 2019 at FBR and discussed various issues about the traders. It has inter alia…

Our Special Reporter  LAHORE: Executive Committee of Pakistan Footwear Manufacturers Association criticized the Federal Board of Revenue (FBR) Tax policies in their board meeting in Lahore. They believe current Tax structure creates…

ISLAMABAD: Islamabad Chamber of Commerce & Industry has called upon the FBR to finalize the fixed tax schemes in consultation with traders’ leaders so that the new schemes should be acceptable to all categories of traders and help in…

Experts term it inhuman, indifferent, senseless transfers, postings of officials of BS-16 M Jahangir Hayat LAHORE: The Federal Board of Revenue (FBR) taking strict notice of the non-compliance of the rear mega recent transfers and…

Our Special Reporter LAHORE: Federal Board of Revenue (FBR) has clarified that the tax is levied only on cars as per Income Tax Ordinance-2001 and no change or increase in tax has been levied on motorcycles under section 231B and 234 of…

Special Correspondent  LAHORE: The Customs Wing has re-deployed and transferred 1,650 official positions to meet the challenging revenue target and particularly to control smuggling. In this context, a total of 180 posts in BS-16 have…

Special Correspondent  LAHORE: Syed ShabbarZaidi, Chairman, FBR has conveyed a message to the business community that besides refraining from business in smuggled goods, they should not indulge in under-invoicing or other…

— The authority always strived hard to provide maximum facilities to taxpayers: PRA Chairman Javed Ahmed By M Jahangir Hayat LAHORE: The Punjab Revenue Authority (PRA) is all set to achieve the revenue target of Rs 160 billion for the…

M Jahangir Hayat LAHORE: In order to cope with the rising menace of smuggling in Punjab, the Federal Board of Revenue (FBR) Friday restructured Customs Central Region establishing new regions including Customs Central Region…

Mulling institute's assistance on matter Jahangir Hayat LAHORE: The quality of 'Audit' by the taxation officer is not as per best practices. In this respect Federal Board of Revenue (FBR) is improving the system and shall seek…

After deadline it will be difficult to hide assets, higher rate of tax, heavy fine may be imposed: CRTO Chief Commissioner By Jahangir Hayat LAHORE: The taxpayers will not be able to avail concessional benefits of the Assets…

By Our Staff Correspondent ISLAMABAD: The Federal Board of Revenue (FBR) on Friday formally launched the online FBR Tax Profiling System, enabling 53 million people to check their bank details, properties, utility bills and travel…

The TORs of the Committee will be to review the identified and submitted anomalies and to advise FBR on removal of anomalies Jahangir Hayat LAHORE: FBR Chairman has constituted Anomaly Committee-Technical to remove anomalies in the…

The Federal Board of Revenue (FBR) has reiterated that the closing date for the Assets Declaration Scheme is 30th June 2019. The FBR has advised people intending to avail this scheme to ensure that reliable data regarding undeclared and…

ISLAMABAD: The government’s ongoing campaign against tax defaulters, non-compliant high-net-worth individuals (HNWI) has helped the tax department recover nearly Rs13.5 billion in the first nine months of this fiscal year. In addition to…

‘Industrialists can clear their past sales tax liabilities by paying just 2pc’  ISLAMABAD: Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi said that there were over 100,000 companies registered with the Securities and…

Jahangir Hayat In the wake of the time just before the Budget 2019-20 reshuffling of even a second secretary FBR is considered as risky & unprofessional, the Federal government has removed the head of its premier revenue…

Our Special Correspondent LAHORE: The government is said to have appointed Ahmed Mujtaba Memon as chairman of the Federal Board of Revenue (FBR). The notification of Memon’s appointment is likely to be issued…

A govt official has purchased 32 vehicles in the name Sheikh Khalid, who died in 2016 ISLAMABAD: The tax department has initiated an inquiry against a government servant, as well as a frontman of leading car assembler, for booking…

Our Special Correspondent LAHORE:Federal Board of Revenue has held a session in Lahore for the leading tax consultants, tax managers and businessmen to create awareness about recent tax reforms undertaken by the FBR for ease of doing…

Our Special Correspondent LAHORE: A ceremony for risk based selection of cases for audit is scheduled to be held on 4th April, 2019 (Thursday) at 2:00 PM in the Main Auditorium of FBR House, Islamabad. Minister of State for Revenue…

Our Special Correspondent Lahore: While demanding an immediate stop to raids at business premises and disrespect to the taxpaying community, the Lahore Chamber of Commerce & Industry has urged the government to constitute a committee…

MJ Hayat  LAHORE : The Federal Board of Revenue (FBR) Monday promoted officers of Pakistan Customs from BS 20 in to BS 21 and BS19 to BS 20 with immediate effect. Similarly as notification, 0262-C-I/2019: The following BS-20 officers of…