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...
Amnesty scheme may fail to achieve objectives, says former ICCI president
ISLAMABAD: The recently announced tax amnesty scheme may fail to achieve desired results due to shortcomings in its design, said former ICCI president...
FBR seeks withholding tax details of all account holders
The Federal Board of Revenue (FBR) on Saturday sought details from the banks regarding withholding tax of all the account holders.
FBR said...
FBR needs around Rs870bn to meet revised revenue target
ISLAMABAD:Â The Federal Board of Revenue (FBR) has to collect around Rs870 billion in the last month of the current fiscal year to...
National Single Window to facilitate investments, traders: FBR chairmanÂ
'Govt intends to fully implement e-governance system so as to make the import processes easier'
ISLAMABAD: Federal Board of Revenue (FBR) Chairman...
Govt to issue sales tax refund bonds to claimants
In order to facilitate business community and exports, Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh...
FBR formulating long-term strategy to expand tax net: Zaidi
Federal Board of Revenue Chairman Syed Shabbar Zaidi has said that the FBR is working on a long-term strategy to expand the...
Govt likely to impose Rs40bn new taxes in upcoming budget
ISLAMABAD:Â The government is planning to drop an inflation bomb on public, as taxes are expected to be increased in the upcoming budget.
According...
Chinese envoy lauds FBR’s reform agenda
ISLAMABAD:Â Ambassador of China to Pakistan Yao Jing on Wednesday appreciated the steps taken by the Federal Board of Revenue (FBR) to facilitate...
‘NRPs not required to become filers to open foreign currency bank account’
ISLAMABAD:Â A non-resident Pakistani is not required to be a filer to open a foreign currency bank account, said the office of the...
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.
FPCCI lauds govt’s efforts in broadening tax net
KARACHI:Â The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) held an emergent meeting of its members at its head office in...
FBR chief vows to introduce long-term reforms in taxation system
'There is nothing ambiguous in tax amnesty scheme and neither will it be amended in the finance bill'
KARACHI:Â Federal Board of Revenue...
Salaried class to suffer as govt mulls reversing income tax slabs
Tax exemptions for individuals earning Rs400,000 to Rs1.2m per annum likely to be withdrawn
ISLAMABAD:Â In an effort to increase the tax revenue...
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...