UAE’s Ministry of Finance has not responded to all earlier written requests of FBR in this regard.
He said FBR is working to address issues regarding submission forms of export refunds.
Tax evasion matter: FBR sends notices to 50 doctors in KP
"All the focus of the government is on providing relief to the common man", said PM Imran.
Sources revealed that cricketer is being financially audited for previous five years.
FBR Chairman assured traders that powers of penalties would be given to higher authority.
FBR Chairman Shabbar Zaidi said the country's economy was being documented.
Pakistan Customs has launched a risk management system to identify travelers at seven airports.
Importantly, four subcommittees have also been formed to put more effort into the matter.
The FBR has established benami zones in three cities of the country.
Mohammad Hafeez has maintained that he files his tax returns annually.
FBR issues show cause notice to Mohammad Hafeez.
It has been considered that the import substitution and anti-smuggling policies would raise revenue.
Importantly, the move will significantly help the FBR in property tax collection.
FBR collects Rs320 billion in October, revenue collection up by 16 percent.
In Lahore, around 3925 have been registered as filers and tax collection from these filers is Rs560m
He said the IMF Mission is looking forward to have a meaningful and productive review.
The broadening of tax net would not only lessen the burden on existing taxpayers.
Shabbar Zaidi Inaugurates Urdu website of FBR.
"Only for collecting 20 per cent revenue, 22,000 people have been hired."
FBR noted that duty imposed on imported mobile phones had a positive impact on foreign investment
Dubai officials to provide details of property owners from Pakistan: Shabbar Zaidi.
The protesting traders demanded to stage protest in front of FBR office.
Tax complaints: Option 'FBR' included in Pakistan Citizen Portal.
This feature will allow the people to lodge their complaints directly to the concerned authorities.
According to sources, 378,000 taxpayers have filed income tax returns till September 30, 2019.
The chairman stressed the need to document the national economy to broaden the tax net
FBR Chairman Shabbar Zaidi, in a tweet, made an announcement.
A high-level meeting was convened by Federal Board of Revenue (FBR) Chairman Shabbar Zaidi.
The government had already announced various measures in the federal budget.
The filing of returns of income for tax year 2018 had reached to the total number of 2,404,371
intimation may be issued by the company to the users of such connections: FBR
The meeting discussed various issues about the traders.
They have been issued a notice u/s 176 of the Income Tax Ordinance, 2001 to bring them on tax roll.
The prior August 2 deadline was set to expire midnight on Friday.
A large number of doctors and surgeons found involved in tax evasion.
The form of immoveable property will be determined at the time of sale of the property.
The MoU will promote improvement in trade and investment in both countries.
He said the non-filers would now be brought into the tax net.
The FBR said no suggestion under consideration to levy tax on Motorcycle and Auto Riksha.
The value of sectors I-9, I-10 of Islamabad has been increased up to Rs5 million per kanal.
If the board and the banks work together better results will be achieved: FBR
Due to presumptive tax regime, we actually dissociated the taxation from the economy
Shabbar Zaidi not being changed as FBR chairman: Naeemul Haq.
Such news are regrettable as they will only add disrepute to the tax culture.
FBR tax collection at the end of third quarter stood at 61.4 percent of the annual target.
FBR withholds five million notices against benamidars.
FBR has asked them to pay their taxes till July 23.
Industries of Faisalabad are on strike from last 18 days.
In a press release in Islamabad, he urged the people to benefit from this opportunity.
The FBR Chairman also clarified that there was no deadlock between the board and the chambers
No tax imposed on edible items including flour: Chairman FBR.
The system will not issue exemption certificate if an assignment has been issued by the Commissioner
Zaidi said that tax returns for the year 2018-19 can be filed by August 2.
Zaidi said the FBR has been adopting effective measures to curb under-invoicing and smuggling.
The premier said reforms in FBR are aimed at economic development of Pakistan
chairman and members of FBR Adjudiating Authority on Benami Transactions have been appointed.
This is the first action taken by FBR against those having undeclared properties.
The government has initiated this step for curbing 'benami' transactions.
FBR Chairman Shabbar Zaidi has said that no extension shall be given in the scheme after today.
He said that the asset profile of around 53 million people was unveiled through FBR portal.
The government will have to either bring new Presidential Ordinance or introduce a new mini bill
People do not have faith on the working of FBR as they consider their tax money will be wasted.
The board requested the taxpayers to avail this opportunity and resolve their disputes
He assured that the state's institutions will not create hurdles for beneficiaries of the scheme.
FBR sources told that it will be difficult to achieve the tax targets despite Amnesty Scheme.
Online data is spread over two portals; NADRA and FBR website.
The committee also approved the publishing of directory of offshore account holders.
Tax relief has also been provided for home appliance and different on edibles.
FBR is in contact with the land record authorities and relevant District Collectors
Tax relief and exemption have been provided on various health sectors: FBR
The number of those seeking amnesty would increase once the prize bonds are registered.
The FBR said that the government took worth of Rs4,967 billion loans from the central bank.
The prime minister directed the team to facilitate the lower class in the budget
Electricity distribution companies are asked to provide data of industrial and commercial consumers.
In this regard, the FBR has issued a notice to the taxi driver over a transaction of Rs20 million.
As per a circular issued on Monday, the government has extended the last date for the filing.
On domestic airline tickets, non-filers would be charged with an amount of Rs500 additionally.
The FBR Chairman had also urged the traders to refrain from dealing in smuggled goods
The APTMA chairman said the regime of zero rating was introduced after due diligence by the FBR.
Rs4,950 will be deducted from the salaries of individuals earning Rs100,000 monthly.
Sources said that the non-tax income in the budget is expected to be more than Rs1150 billion.
Multiple Facebook posts in Pakistan purports to show a tax law amendment introduced in March 2019.
Shabbar Zaidi said the government wants to facilitate the business community while enhancing tax net
People, who wish to get benefits under the scheme, would be required to mention their assets.
FBR chairman's appointment challenged in IHC.
The country’s tax revenue potential would reach 26 percent of GDP
The deadlock was reached over interest rates and further devaluation of rupee against US dollar.
The business community said that decision would boost confidence
Zaidi said FBR staff is hardworking, adding that he will try to move with same staff.
Zaidi is currently serving in the Ministry of Finance
The national flag is seen on the Federal Board of Revenue (FBR) office building in Karachi, Pakistan
The Pakistani delegation is led by Adviser to PM on Finance Dr Abdul Hafeez Shaikh.
Thereby, the FBR has been barred from collecting sales tax on its own.
The FBR apprised the World Bank on the reduction of income tax rate from 25 percent in tax year 2018
The court was told that the accounts were used to transact billions of rupees.
An FBR official said the suspect was not available at his residence.
According to the officials, the suspect has provided wrong address.
The board has lodged cases against four traders.
FBR launched its new website with simplified features and more facilitation for online tax payers.
Leader of PML-N Rana Sanaullah and other party members have been asked to submit income tax details
The FBR urged all persons, who have not yet filed their returns, take advantage of this opportunity
These institutions have been directed to extend office hours on Saturday till 10pm.
She said cyber security is a serious matter but the minister for IT didn’t show up in the meeting.
Appreciating the performance of the FBR, he said it was the need of the hour to promote tax culture.
Jehanzaib Khan admitted that FBR has remained largely focused on the existing taxpayers.
The ATL list was issued on March 1.
FBR Chairman said he would visit Karachi every month for to interact with business community.
Regulatory duty is being removed on input materials
Payment of sales tax refunds through promissory notes
The payment will benefit 898 claimants involved in exports of textile, carpets, leather, etc.
Moreover, customs wing has collected Rs152 billion WHT, 6 percent higher than previous fiscal year.
Real estate and construction sector has been nearly paralyzed in the country.
The officials from OGDCL, PPL, PSO, Indus Motors, Honda Atlas and Nestle will attend the event.
FBR has amended Article 25 (exchange of information) to access banking/financial information.
Advance tax is paid on quarterly basis, it saves the taxpayer from excessive burden.
Chairman FBR gave a detailed briefing on the working of the Federal Board of Revenue.
The ICCI organized a consultative session to seek budget proposals from the local business community
Customs duty jumped 17.9pc to Rs389.45bn in 7MFY19.
The Minister of State said that no favor will be given in the recovery of the taxes.
The authorities anticipate the number to increase further till the end of FY2018-19.
The proposals could be sent by February 28.
4,800 accounts contain more than $100,000 and several accounts contain even more than $1 million.
The details have been revealed in documents submitted by the FBR to the NAB.
FBR officials told that Aleema Khan has not submitted the amount of Rs2.21 crore so far.
All the information of tax evaders will be remain hidden and secret.
FBR has failed to issue all the payable refunds of the claimants.
The FBR has issued the “Profit on Debt Statement” for banks through an SRO.
The hearing of the case has been adjourned till January 14.
The FBR directed Chief Commissioners to establish liaison with State Bank of Pakistan
The tax returns will be received electronically till 12 midnight.
The returns will be received electronically till 12 midnight.
The premier vowed to reduce unemployment in the country by promoting industry
Different options are being reviewed regarding implementation of news tax on cigarettes.
FBR has released Rs 8.70 billion to pay back refundable amount to 700 exporters who had made claims.
tax payers now can pay their due taxes directly from their internet bank account or ATM.
The court ordered persons concerned to approach FBR with complete data by Tuesday.
The new facility lets the taxpayers pay their taxes through ATM and from their homes
Senator Taj Afridi and senator Mir Hassan Talpur also owns properties in the UAE.
Memorandum of understanding was signed between FBR and British Revenue Authority in Islamabad.
FBR said it has issued notices to one hundred and fifty-four non-filers to pay their due taxes.
The increase in the filing of Income Tax returns envisages the confidence of taxpayers
Despite economic crisis, the government was facilitating the export industries.
The FBR warned the tax evaders to file their tax returns and pay their due taxes within due date
FBR and Ministry of Finance officials briefed visiting delegation over details regarding tax revenue
Only 0.35 million people have filed income tax returns till September 30.
FBR also extended the due date for filing of Income Tax Returns.
The KCCI president said that severe anxiety has emerged amongst thousands of taxpayers
The government also considered reducing age limit of imported cars from three years to two years
The amendments in rules have been proposed in exercise of powers conferred by sub-section (1)
The application is called Iris-ADX (Asynchronous Data Exchange).
FBR has constituted four teams to compile financial records of Cheema's family.
NAB officials are reportedly not satisfied with the records provided by Khan.
FBR said that details were being analyzed for taking further action.
She said the scheme offered a golden opportunity to the people
The collection excludes the collection on account of book adjustments for June
All field offices of the FBR will remain open and observe extended working hours till 8:00pm
The revenue watchdog has identified hidden assets worth over Rs1000 billion.
The Federal Board of Revenue (FBR) will tonight release a notification in this regard
Dr Shamshad Akhtar during the meeting discussed the overall macro-economic condition of the country
The approval to use smuggled cars was given by Fawad Hassan Fawad, CJP told.
Most of these officials are under NAB's radar over alleged involvement in scams worth billions.
UNISAME president urges finance ministry to adopt a friendly attitude to encourage investors
FBR further added that federal excise duty has been reduced to 17pc.
The proposed amendment has created unrest among the importers
A notice has also been sent to the artist in this regard.
The three-member bench will take up the case on Sunday
FBR has given all the RTOs until April 30 to return luxury vehicles not entitled to them.
The prime objective of web-based RIMS is to facilitate the taxpayers.
Economic Council has no legal value.
Miftah Ismail lauded announcement of economic reforms package by PM Abbasi.
Only 700,000 have been paying income tax in Pakistan.
FBR has recorded an increase of around 16% over the revenue collected.
Ali Tareen had also contested by-poll from NA-154.
The integration permits electronic exchange of import documents.
Properties should be named under the real owners, FBR officials demanded.
FBR has rejected claims of reduction in the number of Income Tax returns.
FBR collected Rs 228 billion during January, 2017.
The meeting was part of an extensive consultative process by the Federal Minister for Revenue.
Iris-ADX will especially facilitate data preparation of large taxpayers.
The board has requested the stakeholders to give their input and suggestions.
Revenue collection recorded an increase 17.5 percent.
Arif Lohar said that he has never concealed his income.
Muhammad Arshad left no stone unturned to make his marriage ceremony unforgettable.
Women in Pakistan are contributing significantly to the vibrancy of socio-economic life.
FBR issued a notification regarding extension in tax filing date.
Ratio of taxpayers as per country’s population is barely 0.5pc.
Super tax was introduced in 2015.
The date was extended in view of the requests made by the tax bars.
FBR said that the accounts will be seized until the recovery of full amount.
NAB raided the NTS headquarters in relation to alleged test-paper leaks
The purpose of these duties is not the generation of revenue, the FBR clarified.
Over 200 names have been framed in the list.
The Federal Board of Revenue (FBR) has issued a notification.
The modern system will enable payment of taxes through Alternate Delivery Channels (ADCs).
Chairman FBR briefed the Finance Minister on the revenue collection effort.
FBR's initiative of walking up to the corporate world has been appreciated.
A new tax on concessionary basis has been imposed.
In previous month, shortfall surged by Rs12 bn.
Federal government has already introduced Benami Transactions (Prohibition) Act 2017.