Tag: Fbr
FBR issues belated TEC to KSE for one month
In an oft-referred show of ad-hocism Federal Board of Revenue (FBR) issued, what market participants said, is the most-debated certificate to exempt Karachi Stock...
KSE brokers mull KCCI-like protest
A majority of the members of the Karachi Stock Exchange (KSE) are planning to organise a strong protest against the SECP and FBR as...
FBR notifies zero pc tax rate on imports
Federal Board of Revenue (FBR) and government announced through notification that goods on which sales tax shall — subject to conditions stated in this...
FBR unearths Rs 55b tax evasion in ISAF containers’ case, SC...
The Federal Board of Revenue (FBR) has unearthed evasion of duties and taxes of over Rs 55 billion, as 28,000 containers carrying commercial cargo...
FBR investigating cricketers’ assets
The Federal Board of Revenue (FBR) is investigating assets and accounts of imprisoned Pakistani cricket players, an official of FBR was reported to have...
FBR extends date of tax payment
Federal Board of Revenue (FBR) extends the date of payment of tax along with the return of total income statement of final taxation for...
FBR issues guidelines for broadening tax base
Federal Board of Revenue (FBR) on Thursday by pointing out the various shortcomings in the tax system, issued instructions to all its Chief Commissioners...
Chairman FBR agrees to defer CNIC/NTN Condition until Dec 31
A high-ranking delegation from the Federal Board of Revenue led by Mr Salman Siddique, chairman of FBR, visited the Federation of Pakistan Chambers of...
Senate committee angry over finance minister, secy’s absence
Expressing displeasure over the absence of minister, finance secretary and chairman of the Federal Bureau of Revenue (FBR) from the meeting, the Special Committee...
Revenue shortfall compels country to go to IMF: FBR
Federal Board of Revenue (FBR) Chairman Salman Siddique said the revenue shortfall compels Pakistan to go for International Monetary Fund (IMF) programs. Out of...
FBR to introduce special incentive scheme
Federal Board of Revenue (FBR) is likely to introduce a special lottery or incentive scheme to encourage General Sales Tax (GST) registration. The board...
FBR imposes liquidated damages on contractors
Federal Board of Revenue (FBR) has imposed Liquidated Damages ranging from Rs65,000 to Rs4,200,000 on EMBA Corporation for delayed delivery of the goods, National...
FBR holds first taxpayers’ interaction seminar
The Facilitation and Taxpayers Education (FATE) wing of the Federal Board of Revenue (FBR) Monday arranged a Taxpayers’ Interaction Seminar. The interactive dialogue between...
FBR confident of achieving Rs1952b revenue target
The Federal Board of Revenue Chairman Salman Siddique assured the Senate Standing committee on Finance that 7.5 per cent of the pending refund claims...
FBR gears up to collect revenue from GLT Units
Federal Board of Revenue is geared up to collect duties from Tobacco Green Leaf Threshing Units (GLTU) under the rules to make up shortfall...
FBR sets tax collection target of Rs477.1b for 2QFY2011
The Federal Board of Revenue (FBR) has set a revenue collection target of Rs477.1 billion for the second quarter to meet the tax target...
FBR collects Rs373.8 billion tax during first quarter of FY11
The Federal Board of Revenue (FBR) has collected Rs373.8 billion during the July-September period of the current fiscal year showing an overall increase of...
