Business & Finance - Taxation

Delayed refunds: Expert explains what constitutes compensation calculations

Delayed refunds: Expert explains what constitutes compensation calculations

A leading Karachi-based chartered accountant has explained the compensation calculations for the ease of taxpayers seeking payment of delayed refunds from the date of refund...

Planned Egypt ‘coronavirus tax’ sparks online criticism

Planned Egypt ‘coronavirus tax’ sparks online criticism

Egypt's cabinet has preliminarily approved a bill that taxes one percent of citizens' salaries to cushion the impact of coronavirus on strained government finances, sparking...

FBR takes action against illicit cigarettes trade

FBR takes action against illicit cigarettes trade

Taking serious notice of growing illicit cigarettes trade, the Federal Board of Revenue (FBR) field formations have intensified enforcement actions to check transportation of non-duty...

COVID-19 cases: FBR bars tax men from closing offices sans approval

COVID-19 cases: FBR bars tax men from closing offices sans approval

The Federal Board of Revenue (FBR) Wednesday strictly barred field formations from unilaterally closing offices due to the coronavirus without taking prior approval of the...

FBR official’s posting

FBR official’s posting

Syed Muhammad Tariq Huda, a BS-21 officer of Pakistan Customs Service, on repatriation to the FBR (HQ), is transferred and posted as Member (Customs-Operations), Federal

FBR urged to release verified income tax refunds before Eid

FBR urged to release verified income tax refunds before Eid

The manufactures have urged the Federal Board of Revenue (FBR) to release their verified income tax refunds before Eid providing them much needed cash liquidity...

FBR chief seeks updated lists of refund claimants

FBR chief seeks updated lists of refund claimants

Federal Board of Revenue (FBR) Chairperson Nosheen Javed Amjad on Monday directed chief commissioners of large taxpayer units and regional tax offices (RTOs) to update...

FBR should utilise automation for identifying taxpayers, HNWIs: Dr Ishrat

FBR should utilise automation for identifying taxpayers, HNWIs: Dr Ishrat

Advisor to the Prime Minister on Institutional Reforms and Austerity, Dr Ishrat Hussain Friday conveyed to the tax authorities of the Federal Board of Revenue...

FBR Helpline’s closure regretted

FBR Helpline’s closure regretted

The Federal Board of Revenue (FBR) has announced that the FBR Helpline remained closed on Friday (May 15) due to scheduled maintenance. The FBR added

July 2019 to April 2020: Sindh ET collects Rs 64.41 billion

July 2019 to April 2020: Sindh ET collects Rs 64.41 billion

The Sindh Excise and Taxation and Narcotics Control Department has collected a total of Rs 64418.812 million in taxes from July 2019 to April 2020...

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