FBR

Tag: FBR

Federal Board of Revenue fetes Member Accounting Seema Majid on retirement

January 6, 2017 | General

Islamabad, January 06, 2017 (PPI-OT):A meeting of the Board-in-Council of FBR was held with Chairman FBR Mr. Nisar Muhammad Khan in the chair to bid farewell to Ms. Seema Majid, Member Accounting FBR, on her retirement from service. In line …

Read More

Federal Board of Revenue clarifies ‘erroneous’ news reports about court case

December 6, 2016 | General

Islamabad, December 06, 2016 (PPI-OT): Federal Board of Revenue has clarified that the reports published in some English and Urdu daily newspapers about proceedings on 5th December 2016 in Hon’ble Supreme Court of Pakistan in a hearing in the case …

Read More

No further extension in filing of Income Tax returns beyond 30th November 2016

November 17, 2016 | General

Islamabad, November 17, 2016 (PPI-OT):Federal Minister for Finance, Revenues, Statistics and Economic Affairs, Senator Mohammad Ishaq Dar on Tuesday, November 15, 2016, extended the due date for filing of Income Tax Returns/Statements by Salaried persons, Individual, AOP, and Companies till …

Read More

Federal Board of Revenue nets 1.1 million taxpayers, visiting NMC participants told

October 5, 2016 | General

Islamabad, October 05, 2016 (PPI-OT): Federal Board of Revenue (FBR) has been able to raise the number of filers of Income Tax returns to 1.1 million while measures are being taken to raise the cost of doing business for non-filers …

Read More

A landmark agreement between Federal Board of Revenue and Sindh Revenue Board

August 29, 2016 | General

Islamabad, August 29, 2016 (PPI-OT):In response to the difficulties being faced by the taxpayers due to change in the definition of ‘input tax’ relating to provincial services, representatives of FBR and SRB held several meetings to resolve the issue.

Finally, …

Read More

Federal Board of Revenue strongly denies allegations levelled during rally

August 17, 2016 | General

Islamabad, August 17, 2016 (PPI-OT):Federal Board of Revenue has expressed its serious concern regarding unfounded allegations of ‘fixing’ Tax record of Prime Minister of Pakistan Muhammad Nawaz Sharif and his family members by two senior officers of FBR. The allegations …

Read More

Federal Board of Revenue clarifies news reports on status of foreign trusts

June 7, 2016 | General

Islamabad, June 07, 2016 (PPI-OT):It has been reported in a section of the press that the explanation added to section 80(2)(vb) of the Income Tax Ordnance in the proposed Finance Bill is meant for granting exemption from imposing any tax …

Read More

Federal Board of Revenue making efforts to broaden tax base, Mid-Career Management Course participants told

May 4, 2016 | General

Islamabad, May 04, 2016 (PPI-OT):Federal Board of Revenue (FBR) is making concerned efforts to broaden the tax base and several initiatives have been taken in the recent past to increase the number of return filers which has for the first …

Read More

All field offices of Federal Board Revenue will remain open and observe extended working hours i.e. 09:00 am to 08:00pm on March 30 and 09:00 am to 10:00 pm on March 31 for collection of duty/taxes

March 29, 2016 | General

Islamabad, March 29, 2016 (PPI-OT):All field offices of Federal Board Revenue will remain open and observe extended working hours i.e. 09:00 am to 08:00pm on Wednesday the March 30, 2016 and 09:00 am to 10:00 pm on Thursday the March31, …

Read More

Awareness campaign for Voluntary Tax Compliance Scheme 2016

February 10, 2016 | General

Karachi, February 10, 2016 (PPI-OT): In the wake of policy directives of Federal Board of Revenue regarding creating awareness among potential non filers/ delinquent filer traders with reference to which the Federal Government has launched VTCS, the representative of trade …

Read More

Special Assistant to Prime Minister on Revenue despatches Federal Board of Revenue members to Karachi to meet traders

February 3, 2016 | Ministries

Islamabad, February 03, 2016 (PPI-OT): Special Assistant to Prime Minister on Revenue Senator Haroon Akhtar Khan has despatched a high-level team of FBR officials to Karachi to hold series of meetings with office-bearers and members of trade bodies, business community …

Read More

Federal Board of Revenue collects Rs 209 billion to surpass Rs 205 billion target for January

February 1, 2016 | General

Islamabad, February 01, 2016 (PPI-OT): During January, 2016, according to the provisional figures received so far, FBR has made a net collection of around Rs. 209 billion as against Rs. 171 billion collected during January, 2015 showing an increase of …

Read More