Register now, pay taxes later, PM Imran tells nation

Says people can declare their assets by June 30 deadline and make payments in instalments  Promises to reform tax authority, says...

FBR chairman asked to explain reasons behind revenue shortfall

ISLAMABAD: Taking notice of revenue shortfall in the first six months of the current fiscal year 2018-19, Minister of State for Revenue Hammad...

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...

‘Nominated’ FBR chairman vows to repose people’s trust in taxation system

The prime minister-nominated chairman of Federal Board of Revenue (FBR) Shabbar Zaidi has said that the people had lost trust in the...

No revisions in rates for tax on cash withdrawal, FBR clarifies

ISLAMABAD: The federal government has neither revised the rates or limits for tax on cash withdrawal from the bank accounts under section 231A,...

Budget aims to promote industrialisation, FBR chief tells traders

--Shabbar Zaidi says department is mulling to charge tax on the basis of electricity bill on shops with an area of 240...

FBR mulls developing mobile app for filing online returns

ISLAMABAD: The Federal Board of Revenue (FBR), as part of its innovative strategy to increase the tax net, is thinking of developing a...

Military makes income tax return filing mandatory for promotions

The official stated before the decrease in income tax rates, the army solely was paying nearly Rs398 million a month in income tax on salaries translating into a Rs4.8 billion yearly contribution to the national exchequer

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...

Minimum taxable income revised in budget

Hammad Azhar says non-filers are no more restricted from purchasing property and can buy an estate of over Rs5m ISLAMABAD: The minimum taxable...

Business community hails tax amnesty scheme, calls for extension till Dec

Govt urged to follow the amnesty model of Indonesia, as it brought around 745,000 people into the tax net and recovered...

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...

OICCI hails Shabbar Zaidi’s appointment as FBR chairman 

Foreign investors' body says it looks forward to a major change in taxation structure under Zaidi's tenure KARACHI: The Overseas Investors Chamber of...

FBR collects Rs12.2bn in six months through alternate delivery channels

ISLAMABAD: The Federal Board of Revenue (FBR) has recorded 14,904 transactions and received Rs12,240 million from taxpayers opting to use always-on alternate delivery...

No one will be allowed to escape tax net, vows PM’s adviser

Hafeez Shaikh says new budget aims to reach out to poor districts, including those in Balochistan and erstwhile FATA Says govt...