FBR sets Monday as deadline to file income tax returns

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed the filing of income tax returns until Monday (Dec 17) owing to the weekend failing...

FBR chairman rejects Faisal Vawda’s claim, say no extension in amnesty scheme

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Saturday rejected the news regarding an extension in the date of the Asset...

Rupee continues to tumble, down 3.1 per cent

It is speculated that the rupee will continue to fall and is expected to be valued at around Rs180 by December 2020 against the US dollar.

Shabbar Zaidi appointed as FBR chairman

Prime Minister Imran Khan on Monday announced that the government has appointed renowned economist and tax affairs expert Syed Shabbar Zaidi as...

Declare your hidden assets or face imprisonment, FBR warns expats in Dubai

Pakistani nationals living in the United Arab Emirates (UAE) were warned on Tuesday to disclose their 'hidden' assets by June 30 to...

‘NRPs not required to become filers to open foreign currency bank account’

ISLAMABAD: A non-resident Pakistani is not required to be a filer to open a foreign currency bank account, said the office of the...

CPG lauds appointment of Shabbar Zaidi as FBR chairman

The Corporate Pakistan Group (CPG) has welcomed the appointment of Syed Muhammad Shabbar Zaidi as the Chairman Federal Board of Revenue (FBR)...

Female buyers can share CNIC of male relatives: FBR

Female customers who do not want to share their identity card number, or do not have an independent source of income, can...

LHC sets aside FBR’s suo motu powers to collect sales tax

'FBR cannot collect sales tax from any businessperson without registering him/her' LAHORE: The Lahore High Court (LHC) has set aside the suo moto...

FBR chief vows to tighten noose around tax evaders

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi said it had been made abundantly clear in the amnesty law that those who...

FBR automates import of raw materials

ISLAMABAD: The Federal Board of Revenue (FBR) has devised an improved system regarding the issuance of exemption certificates under Section 148 of...

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 &...

FBR advises people to declare undisclosed assets by 30th

The Federal Board of Revenue (FBR) has reiterated that the closing date for the Assets Declaration Scheme is 30th June 2019. The FBR...

17 alleged tax evaders placed on ECL

ISLAMABAD: The Federal Board of Revenue (FBR) has placed 17 people on the exit control list (ECL) owing to "tax evasion". According to sources,...

PM Imran hints at extending amnesty deadline

Prime Minister Imran Khan on Thursday hinted at extending the deadline of the Asset Declaration Scheme after "an increase in the demands...