Tag: Fbr

Senate body directs FBR to enhance tax net

Senate Standing Committee on Finance, Revenue and Economic Affairs on Friday directed the Federal Board of Revenue (FBR) to take effective measures to enhance...

75,871 tax returns selected for audit through random ballots

The Federal Board of Revenue (FBR) has announced selecting 75,871 tax returns for audit during the current fiscal year.

FIA, FBR tighten noose around Axact

Bol employees resist Customs officials during raid on media house’s office The Federal Investigation Agency (FIA) and Federal Board of Revenue (FBR) are further tightening...

Reham Khan says paid Rs 335,000 in tax

The document also describe her “principal activity” (which is filled by applicants themselves) as ‘House Lady’.

Budget proposals on the roll

Federal Minister for Finance Senator Ishaq Dar chaired a meeting at the Federal Board of Revenue (FBR) on Monday to discuss budget proposals for the upcoming financial year 2015-16.

Nisar says Pakistan will contact FBI, Interpol for assistance in Axact...

“The initial enquiry will be completed within the next seven to 10 days and after that we will decide the next step to take and whether an FIR should be registered,” Nisar said.

Two FBR employees arrested for Rs 44.53m fraud

NAB arrested two former superintendents of the Federal Bureau of Revenue (FBR) for their involvement in an illegal refund of sales tax, through use...

PSMA asks FBR to tax foreign steel in local industry’s favour

Pakistan Steel Melters Association (PSMA) has asked FBR to levy Regulatory Duty (RD), sales tax or Special Cess on imported steel products to balance the steel industry and not leave local industry at a cost disadvantage.

Tribal MPs ahead of other legislators in tax payment

Barring a few worthy exceptions, the sums paid as income tax by most of the elected representatives are laughably low

FBR listing houses outside home

The Federal Board of Revenue’s (FBR) Intelligence and Inland Revenue Department has issued a notice to an office in Karachi linked to Damac Properties, Dubai seeking details of Pakistanis who have made investment in its various schemes since 2013.

FBR set to widen probe into Ayyan Ali affair

The Federal Board of Revenue (FBR) has expanded the scope of investigation against supermodel Ayyan Ali, seeking to initiate a renewed investigation against her. FBR...

Govt set to slap 5-10% additional duty on luxury products: report

283 items that are expected to be subject to the additional levy are imported fruits, dairy products, marbles, refrigerators, other electric appliances and wooden furniture

FBR legally wins access to banks’ database

The Lahore High Court (LHC) Thursday dismissed petitions filed against Federal Board of Revenue's (FBR’s) access to the database of commercial banks. Justice Ijazul Ahsan...

ICCI wants govt to simplify tax e-filing system

The business community in a meeting at Islamabad Chamber of Commerce and Industry (ICCI) expressed concerns over the complicated e-filing system of tax returns...

LHC restrains FBR from recovering Rs 770m ‘due taxes’ from MQI

The Lahore High Court Monday restrained the Federal Board of Revenue (FBR) not to recover Rs 770 million taxes from the Minhajul Quran International...

LHC throws out FBR tax notices to Qadri, Minhajul Quran

LHC also directed the FBR not to issue any further notices to the Minhajul Quran regarding tax payment.

Govt fixes Rs 1.71b tax evasion on Qadri, two dead office-bearers...

Notices sent to Tahirul Qadri, his sons Hassan Mohiud Din Qadri and Hussain Mohiud Din Qadri, and daughter-in-law Ghazala Hassan Qadri do not mention any amount yet they have been told to clear their tax dues from the year 2009 to 2013.