FBR shortfall surges Rs208bn in eight months
Despite downward revision by IMF, FBR likely to miss annual target by around Rs400bn
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Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.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
FBR launches offline mode App for taxpayers to file returns
ISLAMABAD: The Federal Board of Revenue (FBR) has launched an application enabling taxpayers to file Income Tax Return and Wealth Statement without...