Trends - taxpayers - Business Recorder

Business & Finance

Tribunal reduces penalty disproportionate to gravity of sales tax default?

LAHORE: An Inland Revenue appellate tribunal has reduced penalty against defaulter of sales tax owing to...

Published 12 Mar, 2024 04:27am

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‘Collecting funds from IESCO accounts’: IHC issues contempt notices to FBR officials

ISLAMABAD: The Islamabad High Court (IHC) issued contempt notices to the Chief Policy Federal Board of Revenue (FBR)...

Updated 11 Mar, 2024 09:59am

Business & Finance

RTO Rawalpindi disallowed to attach taxpayer’s bank accounts

ISLAMABAD: The Lahore High Court (LHC) Rawalpindi Bench has barred the Regional Tax Office (RTO) Rawalpindi from...

Published 07 Mar, 2024 04:59am

Business & Finance

Reduction in number of active taxpayers raises concerns

KARACHI: The Federal Board of Revenue (FBR) has reported a staggering 41 percent drop in the number of active...

Published 07 Mar, 2024 04:59am

Business & Finance

Attachment of bank accounts: Software co gets amount recovered by tax department reimbursed

LAHORE: A software development company has succeeded in getting reimbursed the amount recovered by the tax ...

Published 23 Feb, 2024 06:36am

Business & Finance

Taxpayers’ disputes with FBR: FTO’s IDRC resolves 347 cases without litigation

ISLAMABAD: The Informal Dispute Resolution of Complaints (IDRC) of the Federal Tax Ombudsman (FTO) has resolved 347...

Published 18 Feb, 2024 03:01am

Business & Finance

FBR chief visits LTO Karachi

ISLAMABAD: Chairman FBR Malik Amjed Zubair Tiwana and Member-IR (Operations) Mir Badshah Khan Wazir visited Large...

Published 17 Feb, 2024 05:51am

Business & Finance

Most FBR representations against FTO rejected

ISLAMABAD: President Arif Alvi has rejected most of the representations filed by the Federal Board of Revenue (FBR)...

Published 16 Feb, 2024 06:02am

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FTO decides Rs17.742bn refund claims in 2023

ISLAMABAD: The Federal Tax Ombudsman (FTO) has addressed the grievances of the taxpayers by processing 8,963 cases...

Updated 15 Feb, 2024 09:51am

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Restructuring plan of FBR: Taxpayers should be inducted into Policy Board: PBC

ISLAMABAD: Pakistan Business Council (PBC) has strongly recommended that the taxpayers (stakeholders) should be...

Updated 05 Feb, 2024 09:34am

Business & Finance

Timely return revisions: FBR urged to remove barriers

KARACHI: Tax practitioners and filers have expressed serious concerns over barriers in revising submitted tax ...

Published 03 Feb, 2024 05:46am

Business & Finance

IR CC says issues facing KATI industrialists will be resolved

KARACHI: Imtiaz Ali Solangi, Chief Commissioner of Inland Revenue at the Federal Board of Revenue (FBR), assured...

Published 03 Feb, 2024 05:46am

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Returns filed on Jan 01: KTBA urges FBR to include corporate taxpayers in ATL 2024

KARACHI: The Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to include...

Updated 02 Feb, 2024 09:44am

Business & Finance

Dept fails to recover sales tax against obsolete stock

LAHORE: The sales tax department failed to recover the sales tax amount from a taxpayer against obsolete stock that...

Published 01 Feb, 2024 04:52am

Business & Finance

Fraudulent sales tax refunds: FTO urges FBR to take on corrupt officials

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to initiate criminal...

Published 29 Jan, 2024 04:37am

Business & Finance

LHC asks FBR to amend STA for protecting taxpayers’ rights

ISLAMABAD: Lahore High Court (LHC) has directed the Federal Board of Revenue (FBR) to introduce sales tax ...

Published 29 Jan, 2024 04:37am

Business & Finance

‘Taxpayers’ rights to be protected always’

PESHAWAR: Advisor Federal Tax Ombudsman Peshawar Sardar Ali Khawaja said that taxpayers are the backbone of the...

Published 29 Jan, 2024 04:37am

Business & Finance

FBR chairman forms body for redressal of taxpayers’ issues

PESHAWAR: On recommendation of the Sarhad Chamber of Commerce and Industry (SCCI), Chairman, Federal Board of ...

Published 27 Jan, 2024 06:20am

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Cabinet to discuss FBR revamp plan today

KARACHI: In the cabinet meeting to be held Tuesday (Jan 23), proposals that envisage restructuring and reforms of...

Updated 23 Jan, 2024 09:09am

Business & Finance

Expert says there’re discrepancies in ATLs’ data

ISLAMABAD: There is a significant difference in the number of compliant income taxpayers and sales taxpayers...

Published 14 Jan, 2024 03:13am

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2023: FTO provides Rs17.74bn relief to taxpayers

ISLAMABAD: The Federal Tax Ombudsman (FTO) has provided a relief of Rs17.74 billion to taxpayers in 2023 as compared...

Updated 11 Jan, 2024 08:52am

Business & Finance

2022-23: Only 61 complaints filed with FTO

ISLAMABAD: Only 61 complaints have been filed by the taxpayers against the Federal Board of Revenue (FBR) during...

Published 11 Jan, 2024 06:15am

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30pc taxpayers have obtained ST registration to get sales tax refunds fraudulently?

ISLAMABAD: Around 30 percent of the total sales tax registered persons (397,000) have obtained sales tax...

Updated 10 Jan, 2024 10:12am

Business & Finance

Coercive steps against taxpayers: probe ordered

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to investigate all cases...

Updated 10 Jan, 2024 09:00am

Business & Finance

FATA residents fail to avail WHT exemption deduction by NSC

LAHORE: Residents of the erstwhile Federally Administered Tribal Areas (FATA) have failed to avail exemption from...

Published 07 Jan, 2024 02:43am

Opinion

Withholding tax system: automation

The economic topography of nations depends heavily on a robust revenue system, akin to the lifeblood sustaining its...

Published 05 Jan, 2024 03:12am

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‘Implementation of ATIR’s orders’: President rejects appeal of LTO Islamabad

ISLAMABAD: President Arif Alvi has rejected the stance of Large Taxpayer Office (LTO) Islamabad and declared that...

Updated 01 Jan, 2024 09:21am

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Non-filers: FBR to initiate punitive actions next month: chairman

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Amjed Zubair Tiwana Saturday said the blocking of mobile phone...

Updated 31 Dec, 2023 09:50am

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Forging ST returns of registered taxpayers: FTO directs FBR to take action against hackers

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to take action against...

Updated 30 Dec, 2023 03:14pm

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Beneficial owners of companies: PTBA urges FBR to extend deadline

ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has approached the Federal Board of Revenue (FBR) to extend date...

Updated 30 Dec, 2023 10:12am