Tag: FBR

Federal Board of Revenue asks banks to refund excess deduction of Withholding Tax on transactions

July 14, 2015 | General Business News

Islamabad, July 14, 2015 (PPI-OT): The rate of Withholding Tax on bank instruments issued out of account has been reduced from 0.6% to 0.3% till 30 -9-2015, through Presidential Ordinance dated 11.7.2015. It has been reported to FBR that some of the banks are still deducting tax on bank instrument of non-filers @ 0.6%. FBR …

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Model Customs Collectorates to remain open on 30th June

June 29, 2015 | General

Islamabad, June 29, 2015 (PPI-OT):The Federal Board of Revenue (FBR) has directed to keep all Model Customs Collectorates open on 29th till 10pm and on 30th June till 12:00 (midnight) […]

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Tariq Bajwa inaugurates printing of Federal Board of Revenue’s Portion of Federal Budget 2015-16

June 4, 2015 | Government Institutions

Islamabad, June 04, 2015 (PPI-OT): Chairman Federal Board of Revenue, Mr. Tariq Bajwa inaugurates printing of FBR’s Portion of Federal Budget 2015-16 here at FBR House today on 04th June, […]

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Federal Board of Revenue offices, National Bank of Pakistan branches to collect duty, taxes tomorrow

May 29, 2015 | Government Institutions

Islamabad, May 29, 2015 (PPI-OT): As 31-05-2015 is a public holiday being Sunday, Federal Board of Revenue (FBR), Islamabad, in coordination with State Bank of Pakistan (SBP) and National Bank […]

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Federal Board of Revenue clarifies news on negative revenue collection by Regional Tax Offices

May 12, 2015 | Misc.

Islamabad, May 12, 2015 (PPI-OT): Federal Board of Revenue (FBR) has clarified news item regarding negative revenue collection by certain Regional Tax Offices (RTOs), saying the news is not correct […]

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Federal Board of Revenue officials offer Fateha for martyrs of Peshawar school tragedy

December 17, 2014 | Misc.

Islamabad, December 17, 2014 (PPI-OT): The officers and staff of the Federal Board of Revenue (FBR) Headquarters gathered on Wednesday to offer Fateha for the martyrs, including 132 innocent schoolchildren, […]

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All Model Customs Collect orates to Remain Open on Saturday, 25th and Sunday 26th August, 2012

Islamabad, August 24, 2012 (PPI-OT): FBR has ordered that all the Model Customs Collect orates shall remain open on Saturday 25th and Sunday 26th August, 2012 as normal working days in order to facilitate the trade and industry in getting their cargo cleared for imports and exports. The management of State Bank of Pakistan and […]

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Exporters facilitated by withdrawing Regulatory Duty on (Lead) Goods Manufactured from Imported Raw Materials

Islamabad, August 10, 2012 (PPI-OT): The Federal Government has amended Notification No. SRO-594(I)/2009 dated 25th June, 2009 as follows: 2. In aforesaid Notification, in the preamble, for the full stop, at the end, a colon shall substituted and thereafter the following proviso shall be added, namely, “Provided that no regulatory duty shall be levied on […]

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Extension of the date for payment of Taxes/Duty and Filing of Sales Tax/Federal Excise Duty Returns for the period June,2012 for all registered persons

Islamabad, July 19, 2012 (PPI-OT): In order to facilitate all registered persons, Federal Board of Revenue has extended the date of payment of taxes/duty and filing of Sales Tax/Federal Excise returns upto 25th July, 2012 for the tax period June, 2012. The due date for such payment and filing of returns for the tax period […]

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Federal Board of Revenue announce Waiver of Penalties, Fine and Surcharge against Customs Duties

Islamabad, June 22, 2012 (PPI-OT): In order to ensure deposit of the outstanding principal amount of Customs duty by 30th June, 2012, the Federal Government has remitted whole amount of penalties, fine and surcharge under section 202A, payable by a person against whom an amount of customs-duty is outstanding on account of any audit observation, […]

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Federal Board of Revenue extends date For Filing of Sales Tax/Federal Excise Return

Islamabad, June 19, 2012 (PPI-OT): Federal Board of Revenue is pleased to extend the date for filing of Sales Tax/Federal Excise Return and payment of Taxes/Duty thereon up to 25th June, 2012, for the tax period May, 2012, for all registered persons. The decision has been taken by the FBR in exercise of the powers […]

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PPI Original Text (PPI-OT) – Federal Board of Revenue attaches Pakistan Telecommunication Authority accounts in Its Ongoing Tax Recovery Drive

Islamabad, May 29, 2012 (PPI-OT): Recovery action on PTA FBR in its ongoing campaign to recover outstanding tax liabilities against various companies, the Large Taxpayers Unit (LTU), Islamabad has attached all Bank Accounts of the Pakistan Telecommunication Authority (PTA) which owed Rs.3.6 billion to the exchequer on account of Income Tax. The PTA was served […]

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