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Tobacco manufacturing

Tobacco sector lobbying for tax concessions in upcoming budget

LAHORE: As the federal budget approaches the tobacco sector has stepped up its efforts to lobby for tax concessions, amid an economic...

Govt prepares simplified tax scheme for property developers, builders

ISLAMABAD: The government has prepared a simplified tax scheme for property developers and builders, it emerged on Friday. According to the draft of the...

FBR mulls countrywide expansion of Invoice Monitoring System

In order to curb tax theft, the Federal Board of Revenue (FBR) has decided to expand the scope of its Invoice Monitoring...

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,...

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...

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...

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 &...

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...

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...

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...

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...

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...

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:...

‘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...

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...