FTO tells FBR to assist WHT agents through IT solutions ISLAMABAD: The Federal Tax Ombudsman has directed the Federal Board of Revenue (FBR) to facilitate withholding ... Published 08 Feb, 2023 06:10am
Business & Finance FBR field formations start blocking release of refund claims LAHORE: Field formations of the Federal Board of Revenue (FBR) have once again started blocking the release of ... Published 08 Feb, 2023 06:10am
Business & Finance ‘No private consultancy, tax practice’: FBR employees asked to submit undertakings ISLAMABAD: All Inland Revenue officials/ officers would submit undertakings/ declarations to the Federal Board of... Published 04 Feb, 2023 06:47am
Business & Finance FTO directs FBR to disallow audit of incomplete returns LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed the Information Technology (IT) wing of the... Published 03 Feb, 2023 06:17am
Business & Finance President confirmed 95pc orders of FTO in 2022 ISLAMABAD: President Dr Arif Alvi has confirmed 95 percent orders of the Federal Tax Ombudsman (FTO) against the... Published 02 Feb, 2023 06:12am
Business & Finance ‘Breach of tax amnesty’ IHC issues notices to FBR, AGP ISLAMABAD: The Islamabad High Court (IHC) issued notices to the Federal Board of Revenue (FBR) and the Attorney... Published 26 Jan, 2023 07:04am
Business & Finance Record 7,000 complaints filed last year, says FTO FAISALABAD: Record 7,000 complaints were filed with the office of Federal Tax Ombudsman (FTO) during the last year,... Published 26 Jan, 2023 05:58am
Print All ATIR benches, Benami Tribunal become dysfunctional ISLAMABAD: All benches of Appellate Tribunal Inland Revenue (ATIR) across Pakistan and Benami Tribunal have become... Updated 26 Jan, 2023 09:15am
Business & Finance Bank attachments: Absence of grievance redressal system irks taxpayers LAHORE: Absence of grievance redressal mechanism for benefit of persons whose funds were wrongfully appropriated by... Published 25 Jan, 2023 06:25am
Business & Finance Speedy system for registration of complaints introduced: FTO FAISALABAD: The Federal Tax Ombudsman Dr. Asif Mahmood Jah has said that his office is providing full services to... Published 24 Jan, 2023 06:56am
Print Non-filers: Govt considering imposing WHT on banking transactions ISLAMABAD: The government is considering to impose withholding tax on banking transactions of non-filers of income... Updated 24 Jan, 2023 09:01am
Pakistan FBR chief asks CCIRs to meet revenue targets KARACHI: Asim Ahmed, Chairman Federal Board of Revenue (FBR) on Saturday held a meeting with Chief Commissioners of... Published 22 Jan, 2023 03:08am
Business & Finance FTO directs LTO Karachi to refund extra ST paid on vehicles to BOP ISLAMABAD: To facilitate car buyers, the Federal Tax Ombudsman (FTO) has directed the Large Taxpayer Office (LTO)... Published 20 Jan, 2023 07:50am
Business & Finance Tax authorities accused of prejudging tax evasion as bid to launder money LAHORE: The Intelligence and Investigation (I&I) Wing of the Inland Revenue is prejudging tax evasion as an... Published 20 Jan, 2023 06:10am
Business & Finance Revenue Div allowed to publish tax directory of MPs for 2020 ISLAMABAD: The federal cabinet has allowed the Revenue Division to publish the tax directory of parliamentarians for... Updated 19 Jan, 2023 08:38am
Business & Finance FBR creates new office for appeals in Islamabad ISLAMABAD: The Federal Board of Revenue (FBR) has created a new office of Commissioner Inland Revenue (Appeals-V),... Published 18 Jan, 2023 06:22am
Business & Finance President directs FBR to avoid ‘futile’ litigation ISLAMABAD: President Arif Alvi has confirmed the key recommendations of the Federal Tax Ombudsman (FTO) to the... Updated 16 Jan, 2023 09:41am
Business & Finance FTO asks FBR to withdraw notices against deceased taxpayer ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to withdraw notices of... Updated 07 Jan, 2023 11:10am
Business & Finance APTMA delegation meets Chief Commissioner-IR KARACHI: A meeting of members of APTMA led by Asif Inam was held with Shahid Iqbal Baloch, Chief Commissioner Inland... Published 07 Jan, 2023 06:00am
Business & Finance Aptma team told: FBR wants to reduce tax burden on taxpayers KARACHI: The Federal Board of Revenue (FBR) wants to reduce the burden of tax on the taxpayers, who are already... Published 06 Jan, 2023 06:55am
Opinion FBR: Dwindling tax collection Pakistan has one of the world’s lowest tax ratios, stemming from five main weaknesses: complexity, a narrow tax... Published 06 Jan, 2023 05:58am
Business & Finance In bid to enhance recovery, FBR speeds up issuing of notices to taxpayers LAHORE: The Federal Board of Revenue (FBR) has sped up issuing of notices to taxpayers to enhance recovery efforts ... Published 05 Jan, 2023 05:58am
Print Tax demand in respect of Q2 2022 advance tax: IHC sets aside order of DC IR Islamabad ISLAMABAD: The Islamabad High Court (IHC) set aside the order of Deputy Commissioner Inland Revenue, Islamabad... Updated 05 Jan, 2023 08:54am
Business & Finance Power bills: FBR collects double income tax in Karachi KARACHI: Despite being victimized by dilapidated road infrastructure, high air pollution, gas shortage,... Published 05 Jan, 2023 05:58am
Business & Finance Befiler raises $1.5m in seed funding KARACHI: Country’s leading online tax filing portal Befiler has raised $1.5 million in seed funding from... Published 04 Jan, 2023 06:57am
Print KTBA not happy as FBR issues audit notices to taxpayers KARACHI: Federal Board of Revenue (FBR) has started issuing audit notices under section 177 of the Income Tax... Updated 02 Jan, 2023 08:44am
Business & Finance KPRA recognises contributions made by top taxpayers, withholding agents PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has given awards to five withholding agents on the basis ... Published 02 Jan, 2023 05:54am
Business & Finance FTO says taxpayers filed over 6,000 complaints ISLAMABAD: The Federal Tax Ombudsman (FTO) Dr Asif Mehmood Jah Wednesday said taxpayers have filed 6,435 complaints... Published 29 Dec, 2022 06:55am
Business & Finance Move to bring 2m retailers into tax net: Senate body clears bill on tax laws ISLAMABAD: The Senate Standing Committee on Finance has cleared the Tax Laws (Second Amendment) Bill, 2022 with some... Updated 23 Dec, 2022 08:44am
Print Failure to deposit CVT on foreign assets: Taxpayers/resident individuals liable to pay 12pc per default surcharge ISLAMABAD: The taxpayers/resident individuals who failed to deposit Capital Value Tax (CVT) on their foreign assets... Updated 20 Dec, 2022 09:37am