Trends - taxpayers - Business Recorder

Business & Finance

FBR asked to extend date for filing tax returns

PESHAWAR: Business community has demanded of the Federal Board of Revenue (FBR) to extend the date for filing income...

Published 24 Sep, 2023 03:21am

Business & Finance

Declaration against foreign assets: ‘Taxpayers not filing CVT being held liable to default’

LAHORE: Tax authorities are holding taxpayers liable to default for not filing capital value tax (CVT) declaration...

Published 23 Sep, 2023 05:58am

Business & Finance

Right to seek automated refunds: IHC issues notices to FBR chairman, others

ISLAMABAD: Islamabad High Court (IHC) has issued notices to Chairman Federal Board of Revenue and Chief Commissioner...

Updated 21 Sep, 2023 08:46am

Business & Finance

Withholding agents: Tax officers imposing penalties without verifying payments

LAHORE: Tax authorities are allegedly imposing additional tax against withholding agents without verifying whether...

Published 21 Sep, 2023 06:08am

Editorials

Privatisation as the way out of current impasse

EDITORIAL: Caretaker Federal Minister for Privatisation Fawad Hassan Fawad has been tasked to expedite the...

Published 21 Sep, 2023 06:08am

Print

Manual filers declared as active taxpayers by FBR

ISLAMABAD: Following intervention of the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR) has...

Updated 20 Sep, 2023 09:42am

Business & Finance

Payment of duties, taxes: All LTOs, MTOs and RTOs must stay open till 8pm on 30th: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all Large Taxpayers Offices (LTOs), Medium Taxpayers...

Published 19 Sep, 2023 06:31am

Opinion

Private savings, govt dissaving: debt

Savings by an individual/householder or a government have different objectives and constraints and while a healthy...

Updated 18 Sep, 2023 07:33am

Print

System errors in filing income tax returns, wealth statements irk taxpayers

ISLAMABAD: Taxpayers are facing different problems including technical issues/ errors in timely filing of income tax...

Updated 18 Sep, 2023 10:26am

Print

Law of precedent: Lower fora bound to follow decision of higher appellate, admits FBR

ISLAMABAD: Member Legal (Inland Revenue) Federal Board of Revenue (FBR) admitted before Federal Tax Ombudsman (FTO)...

Updated 18 Sep, 2023 08:56am

Print

Govt depts, hospitals, LG and defence institutions: Updated list of FTN recipients issued by FBR

FBR to take policy decision on the issuance of the FTNs to the govt authorities including local govt departments and Tehsil municipal authorities seeking tax exemptions

Updated 17 Sep, 2023 10:52pm

Print

Documentation requirements: Paperless environment not possible: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has said that a completely paperless environment for taxpayers is not...

Updated 13 Sep, 2023 08:55am

Print

FBR ‘rues’ WHT deduction on mobile cards

ISLAMABAD: The Federal Board of Revenue (FBR) has criticised its policy of withholding tax deduction on mobile...

Updated 12 Sep, 2023 09:13am

Editorials

So much for track and trace

EDITORIAL: It seems we can’t go even a few days without receiving some sort of bad news from the tax and revenue...

Published 09 Sep, 2023 06:20am

Business & Finance

KTBA complains about ‘problematic’ IRIS portal

KARACHI: Taxpayers are still facing difficulties in complying with tax filing requirements due to persistent issues...

Updated 07 Sep, 2023 06:46am

Business & Finance

Textile export boost key to economic revival: TMA

KARACHI: Syed Usman Ali, Senior Vice Chairman of the Towel Manufacturers Association of Pakistan has expressed...

Published 07 Sep, 2023 06:21am

Print

Assigning assessment-related duties: FTO asks FBR to restrain IRS Audit Cadre officers

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to bar the officers of...

Updated 05 Sep, 2023 09:09am

Print

PTBA asks FBR to take notice of sudden change in IRIS module

LAHORE: Pakistan Tax Bar Association (PTBA) leadership has urged Chairman Federal Board of Revenue (FBR) to look...

Updated 04 Sep, 2023 09:37am

Print

FTO summons senior FBR members for declaring manual income tax filers as inactive

ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned senior Federal Board of Revenue (FBR) members in an...

Updated 04 Sep, 2023 09:26am

Business & Finance

Sales tax law: FBR seeks to introduce concept of ‘Best judgment Assessment’

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed to introduce the concept of “Best judgment ...

Published 04 Sep, 2023 06:21am

Business & Finance

Aug SRB revenue collection rises 36pc to Rs 16.02bn YoY

KARACHI: The Sindh Revenue Board (SRB) has announced its revenue collection figures for August 2023, showing 36%...

Published 02 Sep, 2023 06:55am

Print

FBR launches automated system (portal) for taxpayers

ISLAMABAD: The Federal Board of Revenue (FBR), Friday, launched an automated system (portal) for taxpayers to obtain...

Updated 02 Sep, 2023 09:16am

Print

FTO’s advice: FBR may introduce separate salary return form

ISLAMABAD: On the recommendations of the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR) is expected...

Updated 31 Aug, 2023 09:32am

Print

Shamshad holds virtual meeting with IMF staff team

ISLAMABAD: Over a week after assuming charge of caretaker Finance Minister, Dr Shamshad Akhtar, has reportedly held...

Updated 26 Aug, 2023 06:27pm

Business & Finance

Taxpayers’ facilitation: Banks told to implement ‘DIRBS’ in AJK and GB

KARACHI: The State Bank of Pakistan (SBP) has asked banks for implementation of Device Identification Registration...

Published 23 Aug, 2023 05:50am

Print

Power sector grabs finance minister’s immediate attention

Caretaker Finance Minister Shamshad Akhtar visits Federal Board of Revenue to review progress so far on implementation of $3 billion Stand-by-Arrangement of the International Monetary Fund

Updated 22 Aug, 2023 10:06am

Business & Finance

FBR redrafts law dealing with payments to non-residents

ISLAMABAD: The Federal Board of Revenue (FBR) has redrafted the law dealing with the payments made to non-residents...

Updated 20 Aug, 2023 11:39am

Print

Caretaker setup to ensure fiscal discipline: PM

Caretaker Prime Minister Anwar-ul-Haq Kakar says will try to ensure the sanctity of taxpayers’ money

Updated 19 Aug, 2023 09:50am

Print

Without recovery notice: ATIR allows admission of fresh stay applications

KARACHI: Appeals Tribunal Inland Revenue (ATIR) has now allowed the admission of fresh stay applications without...

Updated 19 Aug, 2023 08:44am

Editorials

Woeful LSM decline

EDITORIAL: The FY23 Large-Scale Manufacturing (LSM) is down 10.3 percent year-on-year. Barring the Covid year, this...

Published 18 Aug, 2023 05:42am