Tax officials warned against abuse of power

ISLAMABAD: The Federal Board of Revenue (FBR) officials are defying their chairman's orders by continuing with raids on business premises. The tax department, through a...

Won’t tolerate any negligence in tax collection, FBR chief says 

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi has said the country's tax collection ratio has witnessed an increase, which would improve and strengthen...

FBR amends rules to facilitate SME exports

ISLAMABAD: The Federal Board of Revenue (FBR), through a notification issued on Friday, said it has amended the Export Oriented Units and Small and...

FBR launches software for effective monitoring of tax returns

Federal Board of Revenue Chairman Syed Shabbar Zaidi on Tuesday inaugurated a new software called 'Centralized Sales Tax & FED Assessment & Processing (CSTAP)'...

Tax evasion notices issued to 6,324 schools, tuition centres in Karachi

The Federal Board of Revenue (FBR) on Tuesday served notices to 6,324 private schools and tuition centres in Karachi for failing to pay their...

FBR envisions expanding sales tax net to 400,000 people in three years

ISLAMABAD: The Federal Board of Revenue (FBR) has set a target to increase sales tax base up to 400,000 people in the next three years...

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...

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FBR extends deadline to file tax returns

The Federal Board of Revenue (FBR) on Friday extended the last date for submission of sales tax and federal excise duty for the tax...

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