Business & Finance - Taxation

FBR should utilise automation for identifying taxpayers, HNWIs: Dr Ishrat

FBR should utilise automation for identifying taxpayers, HNWIs: Dr Ishrat

Advisor to the Prime Minister on Institutional Reforms and Austerity, Dr Ishrat Hussain Friday conveyed to the tax authorities of the Federal Board of Revenue...

FBR Helpline’s closure regretted

FBR Helpline’s closure regretted

The Federal Board of Revenue (FBR) has announced that the FBR Helpline remained closed on Friday (May 15) due to scheduled maintenance. The FBR added

July 2019 to April 2020: Sindh ET collects Rs 64.41 billion

July 2019 to April 2020: Sindh ET collects Rs 64.41 billion

The Sindh Excise and Taxation and Narcotics Control Department has collected a total of Rs 64418.812 million in taxes from July 2019 to April 2020...

FBR relieves three Grade-21 IRS officials

FBR relieves three Grade-21 IRS officials

The Federal Board of Revenue (FBR) has compulsorily relieved three Grade-21 officials of Inland Revenue Service from their duties with immediate effect to ensure their...

Senior customs officials: FBR revises structure of Licensing Committee

Senior customs officials: FBR revises structure of Licensing Committee

The Federal Board of Revenue (FBR) has revised structure of Licensing Committee of senior customs officials for grant of licence to the company to track...

Virus to slash almost 100 billion euros off Germany’s 2020 tax intake

Virus to slash almost 100 billion euros off Germany’s 2020 tax intake

Germany expects the coronavirus pandemic to wipe almost 100 billion euros off the 2020 tax intake, estimates published Thursday by the finance ministry showed. "In comparison...

Federal budget (2020-2021): FBR briefs Hafeez about taxation proposals

Federal budget (2020-2021): FBR briefs Hafeez about taxation proposals

The Federal Board of Revenue (FBR) Wednesday night briefed Hafeez Shaikh, Adviser to the Prime Minister on Finance and Revenue, on taxation proposals and relief...

Covid-19 threat: FBR takes stakeholders’ budget proposals thru video conferencing

Covid-19 threat: FBR takes stakeholders’ budget proposals thru video conferencing

The Federal Board of Revenue (FBR) has taken input of stakeholders seeking budget proposals of business associations and chambers/trade bodies including the Federation of Pakistan...

MCC surpasses revenue target by 7 percent

MCC surpasses revenue target by 7 percent

Model Customs Collectorate (MCC), Appraisement East has surpassed the revenue target by 7 percent in April. The collectorate had been assigned a revenue target of...

FBR withdraws transfers and postings orders

FBR withdraws transfers and postings orders

Within two weeks of major reshuffle in the tax machinery, the Federal Board of Revenue (FBR) on Tuesday withdrew transfers and postings orders of five...

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