Tag: Fbr
FBR exempts brokers from cliental defaults
After a gap of more than three decades, the government of Pakistan imposed Capital Gains Tax (CGT) on sales of shares, said analysts at...
Chairman FBR visits Karachi to hold meetings with trade bodies
FBR Chairman Salman Siddique, will be visiting Karachi from July 9-10 2011 to hold a meeting with Federation of Pakistan Chamber of Commerce and...
FBR claims to have met tax revenue target
FBR was unable to achieve tax revenue target for 2010-11 as it fell short by Rs40 billion. However, FBR claims to have achieved the...
TA for capital, corporate, financial sectors revised by SECP, FBR
The Securities and Exchange Commission of Pakistan (SECP), working in collaboration with the Federal Board of Revenue (FBR), introduced various tax-related reforms for the...
KCCI demands extension for FBR’s amnesty scheme
The deadline for the amnesty scheme should be extended to July 9 and the tax base should be broadened instead of burdening the existing...
FBR must remove investors’ doubts about Capital Gain Tax
Federal Board of Revenue should create awareness among investors about the enforcement of the Capital Gains Tax (CGT) that has badly undermined the trading...
FBR passes revenue target, collects Rs 1.590 trillion
The Federal Board of Revenue (FBR) surpassed its revenue collection target by managing to collect Rs 1.590 trillion until the last day of the...
FBR freezes KESC accounts
The Federal Board of Revenue froze the bank accounts of the KESC due to non-payment of taxes.
According to the spokesperson for the Karachi...
FBR seizes KESC accounts on embezzlement charges
The Federal Board of Revenue (FBR) has seized the accounts of the Karachi Electric Supply Company (KESC) on charges of embezzlement and not submitting...
FBR chairman’s son arrested for running over motorcyclist
South Cantonment Police on Sunday arrested Federal Board of Revenue (FBR) Chairman Salman Siddique’s son for knocking down and killing a young motorcyclist and...
A question of capacity
It’s not that budget targets are unattainable, it’s whether the government has the capacity to achieve them. Expected rise in the tax-to-GDP ratio to...
FBR to push for tax cuts
The Senate Standing Committee on Finance was informed on Friday by the Federal Board of Revenue (FBR) that a special SRO would be issued...
FBR focusing on reducing tax gap by 72pc
Chairman Federal Board of Revenue (FBR) Salman Siddique on Monday said the board was focused upon reducing the estimated tax gap of 79 percent...
FBR ramps up its revenue targets
Federal Board of Revenue (FBR) has fixed a revenue collection target of Rs1.952 trillion for FY 2011-12, which shows an increase of 23 percent...
FBR goes on the warpath
Federal Board of Revenue (FBR) has once again decided to take a stick to ensure tax compliance and strict enforcement. The tax administration has...
Country’s woes won’t end without RGST, says FBR
The government sought help on Friday from the National Assembly’s Standing Committee on Finance for the imposition of the Reformed General Sales Tax (RGST)...
FBR unfreezes PSO bank accounts
The Federal Board of Revenue (FBR) has notified PSO (Pakistan State Oil) that the company's bank accounts have been restored with immediate effect. The...
