The Federal Board of Revenue (FBR) has indiscriminately issued electronically generated notices to thousands of taxpayers for the verification of… Read More
FBR Extends Date to Complete Bidding Process of Track and Trace System
The Federal Board of Revenue (FBR) has extended the period up to January 15, 2021, for the companies to complete… Read More
FBR Needs to Collect Rs. 171 Billion Tax Until December 31st
The Federal Board of Revenue (FBR) is facing a challenging task of collecting Rs. 171 billion in the last three… Read More
FBR Ordered to Auction Non-Cleared Stranded Vehicles at Karachi Port
Federal Tax Ombudsman (FTO) has directed FBR to expedite the auction of a substantial number of non-cleared stranded vehicles at… Read More
FBR Set to Begin Refund Processing For Tax Year 2020
The Federal Board of Revenue (FBR) has directed the Chief Commissioners Inland Revenue to pay income tax refunds of over… Read More
SECP Tightens Regulations for Debt Securities Trustees
The Securities and Exchange Commission of Pakistan (SECP) has tightened regulations for the debt securities trustees (DSTs) for the protection… Read More
SECP Releases Annual Report for FY2019-2020
The Securities and Exchange Commission of Pakistan (SECP) has issued its annual report for the financial year 2019-20, detailing measures… Read More
FBR Issues Clarification Regarding the Issue of Certificate Submission
The Federal Board of Revenue (FBR) has imposed a condition on Pakistani citizens earning profit on debt to submit a… Read More
FBR’s Intelligence Arm Intensifies Crackdown Against Tax Evaders and Fraudsters
The Directorate General Intelligence and Investigation (Inland Revenue) has intensified the countrywide action against tax evaders and fraudsters (individuals, AOPs,… Read More
OGDCL Discovers More Gas Reserves in Kohat
The Oil and Gas Development Company Limited (OGDCL), as the operator (97.5 percent) of Baratai Block has discovered gas and… Read More
FBR to Introduce Reforms to End Political Interference in Transfers and Postings
The Federal Board of Revenue (FBR) has decided to implement key reforms in January 2021 by checking political interference in… Read More
FBR Issues Further Draft Amendments in the Assets Declaration (Procedure and Conditions) Rules, 2019
The Federal Board of Revenue (FBR) will not initiate proceedings against the legally valid declarations of amnesty scheme of 2019… Read More
