LHC seeks reply from FBR on sales tax collections through electricity bills
The Bureau, however, says no further extension would be granted
IMF is satisfied with FBR’s performance in tax collection
Division also launched inquiries against corrupt officers besides transferring others
FBR and PIA are at loggerheads since July
Another committee to look into customs-related issues
Previous head Asim Ahmad left the office after his retirement on July 30
FBR introduces IRIS 2.0 for achieving greater efficiency
The move aims at streamlining and making the system efficient
Greece, a relevant case study for Pakistan where repeated IMF programmes made matters worse
Say some proposed measures damaging to the objective of widening tax base
FBR had earlier issued notice to renowned singer
All the proposals are subjected to approval of budget for next fiscal year by the National Assembly
PM said strict action should be taken against those involved in selling of smuggled cigarettes.
Tax revenue was estimated to reach Rs7,470 billion in 2023
FBR can impose regulatory duty on mobile phones and cars at any time, says FBR Chairman
FBR officers may excuse themselves from work due to inflation
Under the scheme taxes will be levied on electricity bills of shopkeepers
All monetary institutions will honour labour day
FBR facing Rs.64bn revenue shortfall in March 2023
Demand approval of executive allowance
FBR hosts National Consultation Workshop for establishing API, PNR system
The data has been sought by Lahore-based tax lawyer Waheed Shahzad Butt from the FBR chief
FBR surpasses budgetary target for February 2023
The Board has collected Rs4,493 billion in the first eight months of FY23
Duty hiked up to 100% on imported vehicles, 20%-50% on cigars, 10% on box pack food, meat, fruits
FBR to enhance cooperation with the US on finance, revenue
Duty increased to Rs16,500 on cigarettes packet worth over Rs9,000, fixed at Rs5,050 costing less
FBR plans to launch technology enabled outreach initiative under PRR program
Proposal to increase sales tax by 1pc under consideration
He remarks $40 million being smuggled from Pakistan on daily basis
Decision was made due to current economic climate for Grade 17-22 officials, notification issued
FBR launches 'App' of currency declaration for foreign travelers
FBR earns Rs537 billion in January, Rs3967 billion in 7 months with 23% increase
Prime Minister Shehbaz Sharif being briefed about dollar smuggling on weekly basis
The ordinance is expected to be promulgated during the next 7 to10 days
FIA fails to produce accused in Bajwa’s tax data leak in court
FBR launches modules for facilitation of exporters
According to FBR statement tax income increased by 17 percent.
Ishaq Dar chairs meeting on revenue performance of FBR
Ishaq Dar expresses satisfaction over FBR’s performance
FBR notifies promotion of 12 officers to BS-21
Sources said Deputy Commissioners Atif Nawaz and Zahoor Ahmad have been suspended from service
FBR urges LCCI members to file tax returns on time
FBR chairman commends efforts of officials who worked for exiting from FATF grey list
The new deadline for filing income tax returns is 31 of October
FBR informs minister about achieving monthly tax targets for months of July-August
This represents a growth of about 10 %.
FBR sources said that Chairman FBR is also in favor of changing the member customs operations
FBR played key role in ensuring compliance of FATF’s action plans
The driver was also under arrest and investigations are underway.
The Chairman FBR said relief has been given in the budget to ease burden of the common man.
Asim Ahmed had served as the FBR chairman in 2021
FBR should strictly deal with unregistered sugar dealers to bring them to the tax net: President
Chairman FBR apprised the prime minister of the overall performance of the FBR.
FBR surpass its 9 months target by over Rs 240 billion
During the month of February about 249,000 invoices were verified.
FBR registers 33pc growth in sales tax from sugar sector
Government is able to subsidize petrol because of this performance of the FBR: PM Imran
Imran Khan's policies that the economy of country is flourishing despite pendamic said Farrukh Habib
Aon Abbas Buppi specifically requested to abolish minimum turnover taxes.
Tarin said the authorities would reach the tax-avoiders and provide them the tax returns
Shaukat Tarin said steps being taken for transparency and simplification in tax system
The highest amount of tax was paid by former premier Najeeb Haroon.
Collection of 600 billion rupees has been made during the month of December only: Farrukh
FBR aims to remove distortions if any and bring property value near market price.
FBR had challenged the LHC verdict in the Supreme Court.
Hike in valuation rates has also jacked up the transfer fee.
Congratulations to FBR for achieving a 35% increase in revenues in November over last year: PM
Tarin lauded the steps taken by FBR.
Trace and Track System will ensure electronic monitoring of the production and sale: Tarin
PM said that evading tax was "never considered to be a bad thing".
Sales tax on petrol has been updated to 1.43%.
No further extension in deadline for filing tax returns, says FBR
Imran Khan said the tax collection in October has also surpassed its set monthly target
Around 513,000 returns were filed in the same corresponding period of the year.
FBR Spokesperson said FBR online portal was working smoothly round-the-clock
FBR develops single sales tax portal to facilitate taxpayers
FBR urges taxpayers to file income tax returns without delay
PM Imran said Federal Board of Revenue has successfully launched its Track and Trace System.
PM congratulates on FBR's achievement of collecting Rs.1,395 billion
The net collection for the month of September, 2021 realized Rs535 billion
FBR has addressed our concerns: traders
FBR has taken enforcement measures at the Airports to eliminate possibility of any such practice
The tax on petrol remained unchanged at 10.54 percent
An additional tax of 5% will be imposed on consumers with a monthly bill of around Rs10,000.
Minister lauds last year’s performance of FBR regarding collection of revenue target despite COVID
Chairman FBR said the FBR had the data of 15 million people who were not filing tax returns.
This is in addition to remittances through normal banking channels.
FBR has exceeded its own target for these month by 23 percent: PM
Dr Ashfaq Ahmed would be the seventh chairman of FBR during the tenure of the PTI government.
FBR directed for submission of monthly implementation report to Federal Tax Ombudsman's Secretariat
The collected fee shall be deposited along with the monthly Sales Tax return.
All applications having a public interface have been operationalized: FBR
Tax deposited with returns was Rs51bn in FY20 compared to only Rs33bn last year
The Chairman would work closely and in collaboration with the Members and key staff of FBR
All 22,000 property dealers will provide suspicious information to the FBR.
The draft rules can be accessed at official website of FBR.
FBR has explained that the rules will be notified in due course of time.
Strict rules have been made in the Finance Bill to take action against tax evaders.
'FBR's performance is testimony to strong economic revival spurred by our government's policies.'
Chairman FBR briefed the UAE Ambassador about the recent measures taken by FBR
The bureau has directed the FBR to submit a complete report on the assets disclosed by Javed Latif
Sales tax on Kerosene oil has been reduced by 2.95 percent
Tarin said no concession has been given to tax evaders in the new budget.
The TORs of the Committees will be to review the identified and submitted anomalies
FBR tightens noose around showbiz stars
FBR has no authority to conduct an audit of five-year-old account: petition
He said that FBR would be necessary to enhance the efficiency of the tax system
The PM said collection is 18 percent higher than the same period last year.
Chairman FBR was assisted by Member (IR-Policy) and his team.
FBR has further informed that with the introduction of the e-Hearing module
date of submission of sales tax has been extended up to 21st of this month.
State Bank of Pakistan has also directed all the banks to remain open from May 8 to May 11.
Pandemic dealt serious damage to economy, public must be given relief: Finance Minister
FBR achieved growth of 57% in April 2021 with collections recorded at Rs 384 billion.
A total of Rs 12, 367 million under fully automated rebate system has been sanctioned to exporters.
The Income tax collection stood at Rs 1,251 billion against the target of Rs 1,290 billion
Introduction of the Non-Intrusive Inspection System by Customs was a long-awaited initiative: FBR
Kashmore: FBR seizes smuggled goods worth Rs 76.6 million
The tax collector has denied any connection with these emails which are being sent.
He said the government’s collections reached Rs 3380 billion which was 10% higher than last year.
He urged the FBR to revise its decision and focus on a simple and short version of taxpayer profile
FBR begins probe into sugar dealers over sustained shortage
FBR to ask for complete details of suspicious property buyers
Lack of automation is primary reason behind tax theft: PM Imran Khan
Dr Muhammad Ashfaq highlighted new policy for dealing with tax matters in erstwhile FATA and PATA
This system would eliminate human interaction between tax authority and taxpayers: FBR
He urged FBR to rationalize tax rates in consultation with chambers of commerce and Industry
The net collection for the month of February 2021 was recorded at Rs 343 billion
FBR recovered smuggled goods worth Rs35 billion in seven months
PM expresses confidence over FBR to add 100s of blns of additional revenue, curb counterfeiting
FBR expects to start installing UIMs (tax stamps) on various sector products from July 2021
Initially 11 bids were received out of which 8 bids were technically qualified: FBR
FBR exceeds tax target for July-January FY2020-21
FBR replaced the list of raw material that had allowed waiver of additional customs duty on import.
Pakistan has no law to bring back assets from abroad: Shabbar Zaidi
FBR also removed regulatory duty on import of cotton yarn, till June 30, 2021
FBR tightens noose around Atif Aslam for alleged tax evasion
The taxpayers could also electronically pay income tax, sales tax and FED sitting in their homes.
PM was told that the tax collection was being automated and taxpayers were being given incentives.
The ICCI President appealed Dr Shaikh, FBR chairman to take personal interest in the matter
The department contended the matter of fake sales tax registrations and issuance of dubious refunds.
FBR begins e-filing of tax appeals
FBR releases revenue data for July-December '20
Reason behind inflation in Pakistan is middleman, corruption: Shabbar Zaidi
FBR has issued refunds of Rs144 billion till December.
The board clarified the LCCI query in its letter of 3rd December
APTMA demands FBR to stop harassment
The board commended the determination of taxpayers, and support it received from members of Tax Bars
The FBR has clarified that option for filing of online request would remain available.
The FBR stated that around 389 projects worth Rs157bn registered under PM’s construction package
FBR surpasses revenue collection target for July-November
The FBR has collected gross revenue of Rs 1400 billion in the first four months
Fawad Khan had shown his foreign income as one crore and 17 lac dollars in 2019.
The current situation, due to the COVID-19, is no longer the cause of concern for the traders.
CBR Chairman Mir further informed that AJ&K government has adapted a law of FBR Act 2007
The appointment is defined to be made through advertisement process on merit
Chief FATE Aisha Farooq said the purpose of holding these sessions was to promote the tax culture.
The collection was despite the fact that during the 1st quarter of the current fiscal year
Bo further extension for filing of income tax returns/statements will be granted.
He said that out of total out Rs 40 billon income tax refunds, around 28 billion were paid
Shahid Khaqan Abbasi was the top tax payer with Rs 24.20 crore.
The MoU would enable FBR to get hold of CNIC based data of vehicles, properties and professionals
He said that the board also intends to launch an awareness campaign to educate people
FBR to launch countrywide Anti-smuggling drive
Customs duty target for the month of August was Rs.44.3 billion.
The member administration informed that FBR also completed the inquiry against 2 officers
FBR is working to evolve mechanism to promote ease of doing business and transparency.
FBR uncovers money laundering of Rs 1.40 billion
The board has directed Pakistan Customs to deploy all their possible resources for this task
FBR has approved certain categories of the taxpayers to be excluded from selection
High officials have been given stern warnings over poor performance.
FBR will also take prompt action against its own employee if they are found involved in crime.
Tax benefit scheme given by the govt offers a lucrative package to both builders and developers
FBR is determined to rid the organization of corrupt and inefficient elements.
Benami account scandal: FBR uncovers multi-million dollar fraud in Pine Nuts export
FBR to get information of accounts transacting Rs10 million in a month
The meeting with the officers of PM Office was a part of that consultative process
The higher growth in FBR revenues is primarily on account of better supervision
The revenue trajectory also beat the adverse impact of governments’ import compression policy
Nausheen Amjad removed as FBR chairperson
Sindh government stopped collection of withholding tax two days ago.
The department collected Rs411 billion in June 2020, as against the target Rs398 billion.
No rift between UK-Pakistan tax authorities: FBR
FBR collects taxes, duties of Rs227b during May
Nausheen Javed assured that the process of tax refunds payment would be accelerated
FBR is reviewing the needs of the government along with providing relief to the business community
The refunds of 116.961 billion have been issued till April 2020
Shabbar Zaidi has been sacked from the post of FBR chairman
The adviser also directed that the mechanism for distribution of monetary assistance
From March till June, the FBR is required to collect another Rs2,500 billion.
The board has also released the refunds detail issued through FASTER system.
FBR prepares list of KP doctors with assets beyond means.
A strict action will be taken against any employee who is found if such practice(s).
The court adjourned the hearing for one month.
In the first phase, the drive will be started from Sialkot.
Mr Zaidi is a chartered accountant who has been serving as the 26th chairman of the FBR.
Ambassador of Iran in Pakistan, Mohammad Ali Hosseini, was also present on the occasion.
The board expressed the hope that with upcoming economic turnover coupled with efforts of FBR