FBR

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.…

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…