FTO

Amnesty scheme: FBR asked to explain 12,000 pending cases of taxpayers

ISLAMABAD: Taking suo moto notice of 12,000 pending cases of aggrieved taxpayers- who failed to avail last amnesty scheme- the Federal Tax...

FBR extends online integration date for tier-1 tobacco retailers

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date of online integration of tier-1 retailers with computerised systems up to...
FBR-ST refunds

FBR registers 17pc revenue growth in 7MFY20

ISLAMABAD: The revenue collection of the Federal Board of Revenue (FBR) grew by 17 per cent with additional revenues of Rs345 billion...

FBR, PBA at loggerheads over ‘unverified accounts’

ISLAMABAD: The Federal Board of Revenue (FBR) and the Pakistan Banks’ Association (PBA) are at loggerheads over biometrically unverified accounts as the...

FBR attaches 146 benami properties worth Rs31bn

ISLAMABAD: The anti-benami initiative of the Federal Board of Revenue (FBR) has so far attached 146 benami properties worth Rs31 billion across...

Govt to bridge FBR shortfall through non-tax revenue, other levies

ISLAMABAD: The Pakistan Tehreek Insaf (PTI) government has planned to bridge the shortfall, the Federal Board of Revenue (FBR) currently faces, through...

FBR shortfall surges Rs208bn in eight months

Despite downward revision by IMF, FBR likely to miss annual target by around Rs400bn
FBR-ST refunds

FBR asked to mobilise resources for achieving revenue targets

ISLAMABAD: The National Assembly’s Standing Committee on Finance, Revenue and Economic Affairs on Friday urged the Federal Board of Revenue (FBR) to...

FBR launches anti-smuggling drive

ISLAMABAD: The Federal Board of Revenue (FBR) has launched an anti-smuggling drive today to counter rampant smuggling in the country. Chairman FBR Syed...

Budget 2019-20: Salaried class to pay more taxes under PTI govt

Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.

Steel industry demands policy change for exports

According to sources in the industry, some of the leading steel manufacturers have received queries from some Middle Eastern countries regarding imports

FBR to extend EPOS to retail stores and shopping malls

The tax department has informed the International Monetary Fund (IMF) that the government will extend the EPOS to retail chain stores and shopping malls till March 2019

Military makes income tax return filing mandatory for promotions

The official stated before the decrease in income tax rates, the army solely was paying nearly Rs398 million a month in income tax on salaries translating into a Rs4.8 billion yearly contribution to the national exchequer

Army deposits Rs390 million income tax every month: Member FATE

COAS filed all tax returns a month in advance, meanwhile Topi Rakh among highest tax paying marriage halls

PTI govt contemplating to levy wealth tax on moveable assets

The measure to hike additional customs duty from 2 to 3 percent would contribute to high inflation but generate Rs40 billion in additional taxes for the government