Trends - Federal Board of Revenue

Business & Finance

Frivolous representations before President: FTO urges FBR to avoid unnecessary filing

ISLAMABAD: The Federal Tax Ombudsman (FTO) has recommended the Federal Board of Revenue (FBR) to avoid unnecessary...

Published 03 May, 2021 04:39am

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July-April collection stands at Rs3.78trn

ISLAMABAD: The Federal Board of Revenue (FBR) has collected net revenue of Rs 3,780 billion during Jul-April...

Published 02 May, 2021 03:23am

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Collusion with fraudsters in bogus refund claims: FTO tells FBR to take disciplinary actions against taxmen

ISLAMABAD: The Federal Tax Ombudsman (FTO) has strongly recommended to the Federal Board of Revenue (FBR) to take...

Published 02 May, 2021 03:23am

Business & Finance

FBR’s efforts praised

ISLAMABAD: Prime Minister Imran Khan has lauded the efforts of the Federal Board of Revenue (FBR), which achieved a...

Updated 02 May, 2021 10:33am

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‘Productive’ investments: PSX proposes launch of RSIAs to help channel savings

ISLAMABAD: Pakistan Stock Exchange Limited has proposed to the Federal Board of Revenue (FBR) to launch registered...

Published 02 May, 2021 03:23am

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July-April (2020-21): Rs118bn increase in collection

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected net revenue of Rs 3,744 billion during...

Published 01 May, 2021 03:28am

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Assessable customs value of MG vehicles raised by 14.5pc

ISLAMABAD: The Federal Board of Revenue (FBR) has reportedly increased assessable customs value of MG vehicles by...

Published 01 May, 2021 03:28am

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No GST chargeable on auction for serviceable old cars: FBR

ISLAMABAD: To avoid practice of double payment of sales tax on vehicles auction, the Federal Board of Revenue (FBR)...

Updated 30 Apr, 2021 09:28am

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IPPs urge govt to make payment

ISLAMABAD: Indepe-ndent Power Producers (IPPs) have urged the federal government to make payment of the first...

Published 28 Apr, 2021 03:18am

Business

Confectionery items: FBR enhances duty drawback rates on exports

ISLAMABAD: The Federal Board of Revenue (FBR) has enhanced duty drawback rates on the exports of confectionery items...

Published 28 Apr, 2021 03:18am

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41.39pc annual share: Karachi remains top contributor to tax collection

ISLAMABAD: Karachi remained the highest contributor to income tax collection having an annual share of 41.39 percent...

Updated 28 Apr, 2021 10:09am

Pakistan

FBR reduces office timings

KARACHI: The Federal Board of Revenue (FBR) has reduced the office hours from 9am to 2pm with 50 percent work from...

Updated 27 Apr, 2021 10:09am

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Justice Isa’s wife: SC recalls its FBR probe order

ISLAMABAD: The Supreme Court by a majority of six to four set aside and recalled its order dated 19th June 2020...

Published 27 Apr, 2021 03:02am

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AGP lists serious issues in payment of refunds

ISLAMABAD: The Auditor General of Pakistan (AGP) has declared that the slack monitoring, absence of post-refund...

Published 25 Apr, 2021 03:13am

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Justice Isa’s wife: SC urged to delete ‘parts’ of judgement relating to sending matter to FBR

ISLAMABAD: The Supreme Court has been urged to delete the “parts of the judgement” relating to sending the ...

Published 25 Apr, 2021 03:13am

Editorials

The need to promote tourism

EDITORIAL: The ruling Pakistan Tehreek-e-Insaf (PTI) has been talking about promoting tourism to bolster the...

Published 25 Apr, 2021 03:13am

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Misinvoicing of exports: DGCV empowered to prevent flight of capital

ISLAMABAD: The Federal Board of Revenue (FBR) has empowered the Directorate General of Customs Valuation to prevent...

Published 24 Apr, 2021 03:21am

Pakistan

We will only meet PM, says Tareen

LAHORE: Pakistan Tehreek-e-Insaf (PTI) senior leader Jahangir Tareen has said that soon his group will meet Prime...

Updated 23 Apr, 2021 10:05am

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Economic body asked to provide clear road maps

ISLAMABAD: The Economic Advisory Council (EAC) has been asked to come up with short-, medium-, and long-term road...

Published 23 Apr, 2021 05:12am

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Duty-free car import: FBR changes definition of word ‘tourists’

ISLAMABAD: The Federal Board of Revenue (FBR) has changed the definition of ‘tourists’ for allowing temporary...

Updated 23 Apr, 2021 09:38am

Pakistan

Sajidullah Siddiqui made FBR Member (IT)

KARACHI: Sajidullah Siddiqui, a BS-21 officer of IRS, has been appointed as Member (IT), Federal Board of Revenue...

Updated 22 Apr, 2021 09:50am

Business

Steel sector suggests check in massive mis-declaration

ISLAMABAD: The documented steel sector has proposed to the Federal Board of Revenue (FBR) to take measures to check...

Published 22 Apr, 2021 03:55am

Business

FBR considering reduction in number of WHT lines

ISLAMABAD: The Federal Board of Revenue’s major guiding principles of tax policy included reduce dependence on...

Published 21 Apr, 2021 03:21am

Business

Tax exemption violation in erstwhile FATA: Senate chairman seeks report from FBR, ministries

ISLAMABAD: Chairman Senate Sadiq Sanjrani Tuesday sought a report from Federal Board of Revenue (FBR) and ministries...

Published 21 Apr, 2021 03:21am

Business & Finance

Tax evasion in tobacco industry: Experts surprised over claims of Mardan-based company

ISLAMABAD: Leading tax experts and tax advisors are surprised over the claims of a Mardan-based company, which...

Updated 20 Apr, 2021 10:03am

Business & Finance

FBR devises new complaint redressal mechanism against corruption

LAHORE: The Federal Board of Revenue (FBR) has devised a new complaint redressal mechanism to address the complaints...

Updated 20 Apr, 2021 10:03am

Business & Finance

Hackers scamming taxpayers through fake emails, warns FBR

As per details, these fake emails instruct the targeted taxpayers to check the attached Income Tax Defaulters List for their details.

Published 19 Apr, 2021 10:11am

Business & Finance

FBR seizes 6m counterfeit cigarettes

ISLAMABAD: The Federal Board of Revenue (FBR) has seized two truckloads of six million counterfeit cigarettes,...

Updated 18 Apr, 2021 10:30am

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Personal income tax: FBR trying to reduce number of slabs to 5

ISLAMABAD: The Federal Board of Revenue (FBR) is working on different options to bring down the number of personal...

Published 16 Apr, 2021 03:40am

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Unregistered buyers: CNICs numbers to be retained in FY22 budget

ISLAMABAD: The government’s biggest documentation measure to provide Computerized National Identity Card (CNICs)...

Published 15 Apr, 2021 03:22am