FBR warns public against unregistered businessmen charging sales tax

The Federal Board of Revenue has revealed that the general public has reported complaints against the businessmen who are charging sales tax from consumers...

No action against traders till Sept 30: FBR

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Thursday held meetings with different groups of traders to discuss taxation-related issues. "It has inter alia...

AJK tax authority extends assets declaration deadline till 20th

MIRPUR: In response to the public interest and persistent demand of the business community of Azad Jammu & Kashmir, the Inland Revenue Department of AJK...

Traders reject draft of fixed tax regime

APAT official terms FBR's fixed tax scheme 'a joke', says department cannot impose taxes on the basis of an outlet's 'area' LAHORE: The All...

‘Sales tax to be recovered only if supplier is registered’

The Federal Board of Revenue, in its circular issued on Thursday, has clarified that sales tax can only be recovered from the customer if...

Tax filing system to be made simpler, understandable: Shabbar Zaidi

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi said on Thursday that one of the major objectives of the revenue board was to...

FBR not to tax annual property rent income of up to Rs0.2m

The Federal Board of Revenue (FBR) has clarified the new taxation system for selling open plots and constructed properties under the Finance Act 2019. In...

FBR seeks income details of Karachi doctors

The Federal Board of Revenue (FBR) has issued notices to renowned medical centres across Karachi, seeking income details of physicians and surgeons. According to a...

Number of taxpayers increases by 700,000: FBR

The number of taxpayers in Pakistan has increased by 700,000 over the last one year, according to a private media outlet. As per the statistics...

FY19 sees 47.5pc increase in withholding tax from bank deposits

The withholding tax collection from bank deposits has risen by a significant  47.5 percent to Rs36.14 billion during the fiscal year 2018-2019, official data...

Thai king exempted from tax on some land properties

BANGKOK: Thailand’s King Maha Vajiralongkorn will be exempt from tax on some of his land property, according to a government announcement. The king, who marked...

FBR to send notices to 100,000 non-filers, say FBR Chairman

ISLAMABAD: Federal Board of Revenue Chairman Shabbar Zaidi said on Sunday that the board will send notices to around 100,000 non-filers who own a...

PCJCCI holds seminar on recent taxation measures  

LAHORE: Tax is a basic instrument of the fiscal policy, which is useless if it does not play a significant role in maintaining the flow...

FBR refutes media reports regarding exorbitant WHT on rickshaws, bikes

The Federal Board of Revenue (FBR) on Thursday strongly refuted reports that the government has imposed withholding taxes (WHT) to the tune of tens...

‘No CNIC condition for women purchasing goods worth over Rs50,000’

Human Rights Minister Dr Shireen Mazari on Wednesday rebuffed the impression that the Federal Board of Revenue (FBR) has made it mandatory for women...

Popular News

FBR issues notices to 3,950 non-filers in Lahore

LAHORE: The Federal Board of Revenue's Broadening of Tax Base (BTB)-Lahore has issued notices to some 3,950 people who did not declare their assets despite...

Latest News

India proposes ban on e-cigarettes, with jail terms for offenders

NEW DELHI: India’s health ministry has proposed a ban on the production and import of electronic cigarettes, documents seen by Reuters showed, potentially jeopardizing...

PIA hikes UAE fares