FBR seeks info of account holders having deposits above Rs0.5m
The Federal Board of Revenue (FBR) has acquired from the State Bank of Pakistan (SBP) information about bank account holders having deposits...
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...
FBR recommends three phases for new amnesty scheme
ISLAMABAD:Â The Federal Board of Revenue (FBR) has recommended three phases for the new tax amnesty scheme for undeclared assets.
According to a tax...
FBR barred from keeping taxpayer’s audit info secret
'How can a taxpayer defend himself during the audit process when parameters and reasons will not be disclosed to him?'
LAHORE:Â Putting the...
WAPDA employees sensitised on tax filing
LAHORE:Â The Water and Power Development Authority (WAPDA) on Tuesday organised a seminar in collaboration with the Federal Board of Revenue (FBR) to...
Govt urged to rectify impediments in taxation system
ICCI wants govt to bring GST down to single digit level in the next budget
ISLAMABAD:Â The Islamabad Chamber of Commerce and Industry...
Tobacco growers stand divided on implementation of advance tax
'Farmers that are influenced by illegal manufacturers are only making the advance tax issue a political game'
ISLAMABAD:Â While a group of tobacco...
MNCs continue to flourish amid flawed taxation system
Profits of Philip Morris have doubled since the introduction of highly controversial third-tier tax slab by the former govt
ISLAMABAD: Multinational companies (MNCs)...
Pakistan’s new rulers grapple with an old problem: How to get people to pay taxes
One of the world’s lowest tax collection rates partly help explain the shoddy state of Pakistan’s hospitals and schools, and why the illiteracy rate hovers above 40 percent in the mainly Muslim nation of 208 million people
‘FBR to form committee for redressal of business community’s woes’
--'No one will be allowed to harass the business community and if anybody dares to do so, he will be kicked out of...
Top 50 taxpayers to dine with PM Imran
Arif Habib, Hassan Mansha and Babar Ali named among top individual taxpayers, whereas top taxpaying companies included PSO, MCB and HBL
The...
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 shut down markets across Pakistan
--Most businesses remain shut in Lahore, Karachi, Peshawar and Quetta in protest against ‘unfair’ taxes levied by govt
LAHORE/KARACHI/ISLAMABAD: A countrywide shutter-down strike was...
FBR receives data of withholding taxes from banks
People asked to disclose undeclared bank accounts under amnesty scheme by June 30
ISLAMABAD:Â The Federal Board of Revenue (FBR) has received details...
‘Tax-evading tobacco companies only paid Rs1.5bn in FY18’
ISLAMABAD:Â The tax-evading tobacco companies have just paid two per cent in taxes (Rs1.5 billion) in the fiscal year 2017-18.
This was stated by...