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Islamabad: FATE Wing FBR launched workshop for standardizing of Operational Procedures pertaining to Taxpayers’ Facilitation Centers throughout the country. This initiative launched by Member FATE Wing FBR Mrs. Riffat Shaheen Qazi is strategically aimed at bringing uniformity in the Existing Processes in order to further strengthen Taxpayers’ Facilitation and Education. …
Read More »Federal Board of Revenue and field offices to remain open on Saturdays
Karachi: Chairman FBR Mr. Mumtaz Haider Rizvi has directed that, for the convenience of the taxpayers and to ensure that the budgetary targets are achieved, the Federal Board of Revenue and the field offices will remain open on Saturdays with immediate effect, till 30th June of 2012. For more information, …
Read More »Custom Houses and Regional Tax Offices/LTUs to remain open on 31st March, 2012 till 2200 hours
Islamabad: The Federal Board of Revenue has announced that the FBR Headquarters and all Model Customs Collectorates/Regional Tax Offices/Large Tax Payers Units/Tax Facilitation Centres shall remain open on 31st March, 2012, up to 2200 hours, in order to facilitate the trade and industry in getting their cargo cleared for imports …
Read More »All Model Customs Collectorates to remain open on Saturday, 17th March, 2012
Islamabad: FBR has ordered that all the Model Customs Collectorates shall remain open on Saturday 17th march, 2012 as a normal working day 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 National Bank …
Read More »Documentation and broadening of tax base is the need of the hour: Hafeez Shaikh
Islamabad: A day-long meeting of Tax Reform Coordination Group (TRCG) was held on 24th February, 2012 under the Chairmanship of Advisor to the Prime Minister on Finance and Revenue, Dr. Hafeez Shaikh. The TRCG members who attended included: Deputy Chairman Planning Commission, Dr. Nadeem-ul-Haq, Chairman, SECP Mr. Muhammad Ali, Tax …
Read More »5% Surcharge on Payable Income Tax for Period 15th March 2011 to 30th June 2011
Islamabad: A news item appearing in today’s press about the levy of 15% surcharge on every income taxpayer has created an impression that an Ordinance to levy this surcharge has been issued now. In order to correct the wrong impression created through this news item, it is clarified that 15% surcharge on payable income tax for period 15th March 2011 to 30th June 2011 has already been issued and implemented w.e.f. 15th March 2011 and no such Ordinance has been [...]
Extension of the Date for Payment of Taxes/Duty for the Tax Period May, 2011
Islamabad: Federal Board of Revenue has extended the date for payment of taxes/duty for the tax period May, 2011, and filing of Sales Tax / Federal Excise returns, up to 20th June, 2011, for registered persons claiming benefit, in exercise of the powers conferred under section 74 of the Sales Tax Act, 1990 and section 43 of the Federal Excise Act, 2005, under SRO. 283(I)/2011 dated 01.04.2011 For more information, contact: Syeda Naureen Zahra Secretary PR Federal Board of Revenue [...]