Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Anjum Nisar has termed the recently announced federal Budget 2020-21 as status quo and conventional budget, as the bureaucracy has tried to further accumulate its powers through this opportunity. Moreover, the budget provided nothing to run the industry or sustain the country’s exports in … Read more
The Federal Board of Revenue (FBR) issued a notification on Tuesday (May 12), the board has given the new assignments to its five grade-21 officers. According to the details, newly appointed FBR Member (IR-Operations), chief commissioner, Regional Tax Office, Rawalpindi and chief commissioner, (Large Taxpayer’s Unit) are included in those officers. The Member (IR-Operations) Syed … Read more
Tariq Pasha is under consideration for the post of Chairman Federal Board of Revenue (FBR), media reports said on Thursday. As per details, Tariq Pasha the top contender for the post of chairman FBR. Pasha, the report said, may be given a three-year contract if given the post as he is going to be at … Read more
The Federal Board of Revenue (FBR) clarified that the office of the Chairman FBR is not vacant and Shabbar Zaidi will assume the charge of the post of the Chairman FBR as soon as he gets medically fit. According to reports, Dr Hamid Ateeq Sarwar, Spokesperson for the FBR/Member (IR-Policy) clarified that Syed Muhammad Shabbar … Read more
ISLAMABAD: Federal Board of Revenue (FBR) has issued a clarification on the news which was aired on electronic media about the issuance of fake refunds by the board on Monday. FBR has explained that two processes are being used to deal with refund cases, said a press release issued by FBR here. The first is … Read more
Federal Board of Revenue (FBR) on Saturday announced that it generated Rs320 billion in terms of tax revenue during January 2020. FBR said they generated an amount of 17 percent more from the same month of the previous year. The FBR spokesman further announced a 30 percent increase in internal tax collection. “This collection unprecedented … Read more
The Federal Board of Revenue (FBR) investigations unearthed that close to 10,000 people allegedly involved in tax evasion and money laundering. The Federal Board of Revenue after tracing their cash transactions unearthed regarding this matter. The bureau is also looking into affairs of (NGOs) and (INGOs) for their alleged involvement in money laundering and terror … 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
Chairman Federal Board of Revenue (FBR) Shabbar Zaidi on Wednesday said that the time has come for us now to stand on our feet. The FBR chairman was talking to newsmen after addressing convention of the Management Association of Pakistan (MAP) in Karachi. Shabbar Zaidi said that the work has started now in an organized … Read more
