Turnover tax recovery: FBR launches drive against Discos ISLAMABAD: The Federal Board of Revenue (FBR) has launched an enforcement drive against power distribution companies... Published 02 Jan, 2024 05:21am
Business & Finance Jul-Dec tax collection: FBR surpasses target The Federal Board of Revenue creates history by collecting Rs1,021 billion in December Updated 01 Jan, 2024 09:39am
Print Non-filers: FBR to initiate punitive actions next month: chairman ISLAMABAD: Federal Board of Revenue (FBR) Chairman Amjed Zubair Tiwana Saturday said the blocking of mobile phone... Updated 31 Dec, 2023 09:50am
Business & Finance ATIR Lahore explains how foreign companies should approach ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Lahore has unanimously held that the foreign companies have... Published 31 Dec, 2023 03:04am
Print Forging ST returns of registered taxpayers: FTO directs FBR to take action against hackers ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to take action against... Updated 30 Dec, 2023 03:14pm
Print Audit selection process for TY11 was transparent: FBR Member ISLAMABAD: The Federal Board of Revenue (FBR) Member Audit has declared that the audit selection process through... Updated 30 Dec, 2023 02:54pm
Print Beneficial owners of companies: PTBA urges FBR to extend deadline ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has approached the Federal Board of Revenue (FBR) to extend date... Updated 30 Dec, 2023 10:12am
Editorials FBR’s hunt for non-filers EDITORIAL: It seems FBR (Federal Board of Revenue) is throwing the kitchen sink at non-filers in its latest,... Published 30 Dec, 2023 06:28am
Business & Finance FD Outlook misreports FBR collection data ISLAMABAD: December Monthly Economic Update and Outlook, Finance Division publication, misreported the Federal Board... Updated 29 Dec, 2023 02:25pm
Print Input goods’ import: SBP unveils procedure for availing EFS ITM facility KARACHI: The State Bank of Pakistan (SBP) has announced the procedure for availing International Toll Manufacturing... Updated 28 Dec, 2023 09:41am
Print ‘Simultaneous’ probe of same taxpayer: IHC seeks explanation from FBR ISLAMABAD: Islamabad High Court (IHC) has directed the Federal Board of Revenue (FBR) to explain that how different... Updated 28 Dec, 2023 08:53am
Print ‘Notices to deceased persons’: PTBA urges FBR to upgrade its system ISLAMABAD: Pakistan Tax Bar Association of Pakistan (PTBA) has asked Federal Board of Revenue (FBR) to upgrade its... Published 28 Dec, 2023 04:52am
Business & Finance Customs department: FBR announces major reforms ISLAMABAD: The Federal Board of Revenue (FBR) has announced major reforms in the customs department to upgrade and... Published 28 Dec, 2023 04:52am
Pakistan Network of mobile phone smugglers, dealers detected ISLAMABAD: The federal government has detected a nationwide network of mobile phone smugglers and dealers who with... Published 27 Dec, 2023 05:15am
Print Number of active taxpayers reaches 5.3m mark ISLAMABAD: The number of active taxpayers (ATL) has reached 5.3 million as on December 26, 2023. It is learnt that... Updated 27 Dec, 2023 09:53am
Business & Finance ‘Nil’ filing of tax returns: FTO asks FBR to conduct detailed audit of a medical college ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to conduct a detailed audit... Published 27 Dec, 2023 05:15am
Print $400m ‘Pakistan Raises Revenue’ project: World Bank rates implementation progress moderately satisfactory ISLAMABAD: The World Bank has rated the overall implementation progress of Pakistan Raises Revenue project of worth... Updated 26 Dec, 2023 09:11am
Print Scrutiny of nominations: ECP sets up panel ISLAMABAD: The electoral organisation has announced to have set up a facilitation centre, to be assisted by the... Updated 26 Dec, 2023 09:35am
Print High court suspends 40pc additional tax on windfall income of banks ISLAMABAD: After Islamabad and Lahore High Courts, the Sindh High Court (SHC) has also suspended the SRO... Updated 26 Dec, 2023 09:56am
Print ‘Legal advisers in field formations’: FBR yet to implement President’s order ISLAMABAD: The Federal Board of Revenue (FBR) has not implemented an order passed by President Arif Alvi, who has... Updated 25 Dec, 2023 03:26pm
Print Income tax returns: FBR warns non-filers of account freeze Starts a countrywide survey of business and commercial units for registration of non-filers Updated 25 Dec, 2023 05:56pm
Print Field formations: FBR announces extended workhours ISLAMABAD: The Federal Board of Revenue (FBR) has announced that the field formations (customs department) will... Updated 25 Dec, 2023 08:43am
Print FBR issues procedure for vendors, others to obtain licences for online businesses ISLAMABAD: The Federal Board of Revenue (FBR) has issued a procedure for the vendors/integrated enterprises intended... Updated 24 Dec, 2023 09:58am
Print SBA: MoF says commitments being fulfilled Spokesman for the Finance Division says the arrangement was evident from the successful completion of the first review of the Staff Level Agreement Updated 24 Dec, 2023 06:49pm
Print WHT transactions: FBR implements new documentation system Directs withholding agents to install and integrate fiscal electronic devices and softwares for carrying out any transactions liable to withholding tax Updated 23 Dec, 2023 07:43pm
Print Valuation of immovable properties: FTO directs FBR to hire competent, experienced valuers ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to hire competent and... Updated 23 Dec, 2023 07:42pm
Editorials Theft of FBR tax revenue EDITORIAL: Is it really a surprise that FBR’s “first-ever electronic tax audit of immovable property” has... Published 23 Dec, 2023 06:16am
BR Research Digital invoicing in the FMCG industry In the last few years, FBR’s focus (on the face of it) has been shifting towards digitization of the economy,... Published 22 Dec, 2023 09:03am
Opinion Non-disclosures & underperformance Ever year Federal Board of Revenue (FBR) as Revenue Division of Ministry of Finance (MoF), issues data relating to... Published 22 Dec, 2023 05:22am
Business & Finance ‘Powers of commissioners being used by DCs neither gazetted nor displayed on FBR website’ LAHORE: The Deputy Commissioners in some field formations are using the powers of Commissioners Inland Revenue for... Published 22 Dec, 2023 05:22am