Tag: Fbr

CS orders training of DDOs

KARACHI: Sindh Chief Secretary Rizwan Memon, on Thursday, advised the administrative secretaries to ensure training of driving and disbursing officers (DDOs) in association with...

FBR takes notice of tax evasion on imported cigarettes

The Directorate of Intelligence and Investigation, the Federal Board of Revenue (FBR) has taken notice of tax evasion of over Rs90.652million by printing incorrect...

FBR to file reference against Jahangir Tareen in LHC

Federal Board of Revenue (FBR) on Friday has decided to move a reference against Jahangir Tareen, secretary general of Pakistan Tehreek-e-Insaf (PTI) for alleged...

Govt pays no heed to FBR’s request to take measures against...

By MONEM FAROOQI The government has kept its silence on the repeated Federal Board of Revenue (FBR) requests for approaching the neighbouring counties like India,...

FBR owes billions to PRA in input tax adjustment

    Referring to reports that the government is ready to withdraw the amendment introduced through the Finance Act 2016 of disallowing input tax adjustment against...

FBR to publish annual tax directory ‘soon’

    The much-awaited Annual Tax Directory for the year 2016 which contains details of all the country’s taxpayers is going to be published soon, Pakistan...

Senate body for waiving off GST on household electricity bills

    The Senate Standing Committee on Finance, Revenue and Statistics recommended to the Federal Board of Revenue (FBR) on Wednesday to waive off General Sales...

FBR rejects PTI’s allegations against whitening of PM’s tax record

The Federal Board of Revenue (FBR) on Wednesday rejected Imran Khan’s allegations of ‘fixing’ tax record of Prime Minister Nawaz Sharif and his family...

FBR’s incompetence affecting cases in courts and tribunals

  The Ministry of Finance through the Federal Board of Revenue (FBR) spends millions of rupees for improving tax recovery system and appoints commissioners, assistant...

FBR extends date for filing of GST and FED returns until...

  The Federal Board of Revenue (FBR) has extended the date of submission of sales tax and federal excise returns by August 15. A spokesman of...

FBR, AGPR join hands to prevent tax evasion

    The Federal Board of Revenue (FBR) and the Auditor General for Pakistan Revenues (AGPR) have joined hands to check tax evasion of billions of...

FBR has begun probe into Panama Leaks, says Dar

FBR is obtaining documentary evidence regarding investment made in offshore companies and revenue generated through these companies by Pakistani residents in the first phase of the investigation.

FBR’s tax collection in 2016 soars to more than Rs 3.130...

    The Federal Board of Revenue (FBR) collected more than Rs 3.130 trillion in the tax year 2015-16 as per figures consolidated and reconciled by...

FBR to activate sales tax electronic system

Federal Board of Revenue (FBR) plans to turn Sales Tax in Electronic System to make it more active  and advanced. By this, they aim to...

FBR wins case in international tribunal against software company

An international tribunal on August 1, 2016 announced its Final Award holding M/s Agility for Public Warehousing Company of Kuwait, liable to pay the...

FBR sets new prices for real estate in Islamabad, Karachi

The FBR has directed all its chief commissioners to personally monitor the matter as it involves substantial revenue implications. They have been informed that under the ordinance, withholding tax on the sale and purchase of immoveable property will be collected by the FBR according to the notified rates.

Realtors, FBR agree on new valuation formula

  Dar says market values will be increased in consultation with stakeholders as govt scales down CGT to three years with three different slabs The...