FBR warns Megaplus of blacklisting 

Islamabad: Federal Board of Revenue (FBR) has warned Megaplus, one of the largest and oldest Dell authorized distributors in Pakistan, to blacklist...

FBR allows unlimited refunds on customs duty for businesses

The business community can now receive unlimited refunds on customs duty through the authority given by the Federal Board of Revenue (FBR)...

Mansha recommends govt to tax real estate, retail sectors 

During a meeting of a committee constituted by the Pakistani Prime Minister to find avenues for revenue mobilization, Mian Muhammad Mansha, one...

FBR imposes 25% sales tax on a wide range of luxury items

The Federal Board of Revenue (FBR) recently announced a new sales tax on luxury goods in Pakistan, aimed at boosting the country's...

Federal cabinet approves publishing of parliamentarians’ tax directory

ISLAMABAD: The federal cabinet has granted its approval and authorization to the revenue division for publishing tax directory for the tax year (TY)...

FBR significantly changes the taxation of capital gains on disposal of immovable property

ISLAMABAD: Federal Board of Revenue (FBR) has made significant changes in the taxation of capital gains on disposal of immovable property.  The changes...

FBR directs field officers to expedite ST refund process

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all its field chief commissioners to process sales tax refund claims on an...

FBR needs Rs2.2tr in three months to meet revised target

ISLAMABAD: The Federal Board of Revenue (FBR) has to collect around Rs2.19 trillion in the last quarter (April-June) of FY20 to meet the...
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 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