Latest Fbr news updates — Federal Board Of Revenue Government Of Pakistan – Get latest FBR News updates, Watch FBR Videos, View FBR Pictures.
The textile division has approved the release of more than 17 billion rupees refunds to the exporters. According to details, secretary textile division Sardar Ahmed Nawaz Sukhera has given the approval to release over Rs17.6 billion refunds to the exporters. he also added that it will be easier to solve the enduring problem of refunds … Read more
A seminar on “Business Development for Women Entrepreneurs” held at the Lahore Chamber of Commerce & Industry in collaboration with the LCCI, State Bank of Pakistan (SBP) and Federal Board of Revenue (FBR). LCCI Senior Vice President Ali Hussam Asghar, SBP Assistant Chief Manager- Refinance Sara Riaz, Commissioner Inland Revenue RTO II FBR Ayesha Imran … Read more
The Federal Board of Revenue (FBR) has decided in principle to move towards replacing the existing General Sales Tax (GST) with Value Added Tax (VAT) across the board for all sectors under the World Bank funded loan conditions. Under the proposed reform plan on which the implementation was so far deferred till establishment of Pakistan … Read more
Chairman Federal Board of Revenue (FBR) Shabbar Zaidi issued the instructions to all field offices. The notification instructed to send seized vehicles to forensic science laboratory. Observe excise taxation registration data and customs clearance documents to identify smuggled items, notification also instructed. According to details, it is also instructed to field offices to identify cars … Read more
Prime Minister Imran Khan summoned the officers of Federal Board of Revenue (FBR) to the PM Secretariat today. PM Khan will get a briefing from FBR high-level officers over economic targets of the country. Moreover, the premier will also gain the confidence in the revenue body’s officers pertains to the reformations in FBR laws, sources … Read more
Prime Minister Imran Khan reviewed the economic situation of the country and said economic stability and providing facilitation to investors and business community is top priority of the government. Prime Minister chaired the economic team meeting, senior officials including Advisor Finance, Federal Ministers Hamad Azhar, Khusro Bakhtiar, Chairman FBR, Advisor Finance and Trade and Firdous … Read more
Advisor to Prime Minister Imran Khan on Finance, Revenue and Economic Affairs Abdul Hafiz Sheikh has said that construction activities have increased in the country. Special Assistant to the Prime Minister for Information and Broadcasting, Firdous Ashiq Awan and the Government Economic Team have held a press conference in Islamabad. During the press conference Government … Read more
The Federal Board of Revenue (FBR) has issued a showcase notice to former captain and national team cricketer Muhammad Hafeez for hiding assets. According to the details, a show cause notice has been issued against Hafeez for hiding assets, the cricketer was being audited for the past five years. FBR is conducting his audit from … Read more
The Federal Board of Revenue (FBR) released the results of surveys conducted in various markets across the country. According to the FBR survey report, the city of Quaid, which is considered as the financial hub of the country once again emerged as the highest tax paying city in Pakistan. Details showed that the traders, retailers … Read more
Regional Taxpayer Unit –II registered unprecedented increase in salaried class income tax return filing in with increase of over 479 percent in the first quarter of 2019 as compared to the corresponding period of last year. According to the details shared by the Chief Commissioner RTU-II Ahmed Shuja Khan here on Wednesday in a briefing, … Read more
Talks between the government and business community on Wednesday on the implementation of a sales tax and on the condition of an identity card were successful. The government has agreed to delay any action for three months on the earlier condition that presentation of a CNIC copy for buying and selling of goods up to … Read more
The Supreme Court has expressed strong divinity at the Federal Board of Revenue (FBR), saying that FBR is a burden on the country, we will shut it. According to the details, a two-member bench of the Supreme Court, comprising Justice Gulzar Ahmed, heard the FBR’s appeal regarding the service of its employee, Mohammad Anwar Goraya. … Read more
The meeting of Financial Action Task Force (FATF) is underway in Paris where Pakistan will submit its compliance report. Pakistan economic affairs minister Hammad will present the compliance report which suggest the Pakistan’s efforts to tackle terror-financing and money laundering. Officials of Securities & Exchange Commission of Pakistan (SECP), National Counter Terrorism Authority (NECTA), State … Read more
Adviser on Finance Abdul Hafeez Sheikh has said that the government has overcome the fiscal and trade deficits. While addressing a press conference along with Chairman Federal Board of Revenue (FBR) Shabbar Zaidi in Islamabad he said that the current account deficit has been reduced to the record level. For this, government struck agreements with … Read more
The Federal Board of Revenue (FBR) is all set to launch an aggressive campaign from October 15, 2019 to get industrial and commercial consumers registered for income tax. Chairman FBR, Syed Shabbar Zaidi, in a tweet on Friday said that all industrial and commercial consumers were must be registered for income tax purposes. The FBR … Read more
Federal Board of Revenue (FBR) again extended filing tax returns deadline. According to a statement released by FBR, the tax returns for sales and excise duty can be submitted according to the new deadline issued. According to the details, the deadline extension is made due to the vacations of Eid-ul-Adha. The deadline for July 2019 … Read more
