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FBR

Pak-Afghan bilateral trade: Sarhad Chamber calls for removal of hurdles

PESHAWAR: The Sarhad Chamber of Commerce and Industry (Sarhad Chamber) has urged the government to take pragmatic...

Published 22 Mar, 2021 04:18am

Steel products: Mis-declaration causes massive revenue loss: report

ISLAMABAD: The Federal Board of Revenue (FBR) should take immediate measures to check massive mis-declaration of...

Updated 22 Mar, 2021 09:47am

Business

FPCCI chief urges FBR to withdraw notices

KARACHI: Mian Nasser Hyatt Maggo, President of the Federation of Pakistan Chambers of Commerce and Industry strongly...

Published 22 Mar, 2021 04:18am

Business

FBR introduces new tax regime for NRPs having RDA

LAHORE: The Federal Board of Revenue (FBR) has introduced a new simple, convenient and the hassle-free tax regime ...

Published 21 Mar, 2021 04:05am

Business

Show-cause notices by FBR: FPCCI urges SAPM to take notice

ISLAMABAD: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Nasir Hayat Magoo has...

Published 21 Mar, 2021 04:05am

Business & Finance

FBR steps up operations against illicit cigarettes

In the month of March, the Directorate's Islamabad team seized 900 cartons of illegal cigarettes on GT Road in two separate operations.

Published 20 Mar, 2021 10:58am

Business

FBR integrates 9,952 sales points with PoS linked invoicing system: SAPM

LAHORE: The Federal Board of Revenue (FBR) has integrated 9,952 sales points with the point of sales (PoS) linked...

Published 20 Mar, 2021 04:39am

Business & Finance

IT (2nd Amend) Act 2021: Withdrawal of fiscal concessions to damage investor confidence: PBC

KARACHI: With reference to the draft Income Tax (Second Amendment) Act 2021, which is being extensively discussed in...

Published 20 Mar, 2021 04:39am

Pakistan

Promulgation of the Tax Laws Ordinance: Govt seeks approval of federal cabinet

ISLAMABAD: The government is seeking approval of the Federal Cabinet for promulgation of the Tax Laws (Second...

Updated 19 Mar, 2021 09:34am

Opinion

Simplification of taxes for growth — I

The biggest challenge on tax mobilisation front faced by Federal Board of Revenue (FBR) is bridging monstrous tax ...

Published 19 Mar, 2021 05:32am

Business

Automated payment system: FBR remits 71pc amount of drawback claims

LAHORE: The Federal Board of Revenue (FBR) has remitted 71 percent of the amount of duty drawback claims while...

Published 19 Mar, 2021 05:32am

Business

FTO Office submits FY22 Budget proposals to FBR

ISLAMABAD: The Federal Tax Ombudsman (FTO) Thursday recommended the Federal Board of Revenue (FBR) to create a...

Published 19 Mar, 2021 05:32am

Ambassador of Qatar meets FBR chairman

ISLAMABAD: Ambassador of Qatar in Pakistan Sheikh Saoud Abdul Rahman Al-Thani called on Chairman FBR Muhammad Javed...

Updated 19 Mar, 2021 09:33am

Business

‘Sugar Commission Report’: FTO approaches FBR for speedy implementation

ISLAMABAD: The Federal Tax Ombudsman (FTO) has approached the Federal Board of Revenue (FBR) for speedy...

Published 19 Mar, 2021 05:32am

Sell-off transactions: Meetings review progress

ISLAMABAD: High-level meetings were held here on National Power Parks Management Company Ltd (NPPMCL) power plants,...

Updated 18 Mar, 2021 09:14am

Business

Complications for taxpayers: FPCCI approaches FBR against multiple IRS windows

ISLAMABAD: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has approached the Federal Board ...

Published 18 Mar, 2021 03:56am

PM for putting in place ‘track, trace system’ to counter tax evasion

ISLAMABAD: Prime Minister Imran Khan on Tuesday underlined the need for putting in place the track and trace system...

Updated 17 Mar, 2021 09:45am

Industry in SEZs: FBR barred from withdrawing tax exemptions

ISLAMABAD: The Federal Cabinet is said to have barred Federal Board of Revenue (FBR) from withdrawing tax exemptions...

Updated 17 Mar, 2021 09:45am

Business & Finance

PM calls for Track & Trace System introduction to avoid tax evasion

Prime Minister Imran Khan said the FBR had assured to roll out the track and trace system by July this year but now the Sindh High Court has given a stay on it.

Published 16 Mar, 2021 03:45pm

Business & Finance

FBR unearths major fake & flying invoices scam

So far, from investigations, it appears that the accused is involved in a huge scam of hundreds of millions of tax fraud by means of being the epicenter of notorious business of fake/flying invoices, informed FBR.

Published 16 Mar, 2021 10:46am

Pakistan

Track and trace system: IHC issues notices to FBR, PPRA for comments

ISLAMABAD: Islam-abad High Court (IHC) has issued notices to the Federal Board of Revenue (FBR) and the Public...