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