National Assembly Standing Committee on Finance was informed that there are serious apprehensions that the government may bring federal budget… Read More
Finance Committee Told to Stop Probe Into MG’s Alleged Tax Evasion
Federal Board of Revenue (FBR) Member Inland Revenue Operations (Customs), Tariq Huda, on Wednesday informed the National Assembly Standing Committee… Read More
New FBR Chairman Not Decided Yet: Top Govt Officials
Top government officials have categorically said that so far no final decision has been taken on the appointment of the… Read More
SHC to Hear the Case on Implementation of Track and Trace System on April 8
The next hearing on the M/s SICPA versus Federal Board of Revenue (FBR) case on the implementation of the Track… Read More
Late Tax Filers Will Appear on ATL After Paying a Fine
The Income Tax Ordinance 2001 has clearly laid down the condition that the name of the late filer of income… Read More
Locally Built Mobile Phones to Have Lower Taxes
Tax Laws (Second Amendment) Ordinance, 2021 has included locally manufactured mobile phones in the list of goods subject to a… Read More
FBR Designates DG DNFBPs to Hear Appeals Against Sanctions
The Federal Board of Revenue (FBR) has designated the Director-General of Designated Non-Financial Business and Professions (DNFBPs) as the Appellate… Read More
Experts Call for Ease of Doing Business to Revive Economic Growth in the Country
The private sector has a critical role in the growth of the economy. The Punjab government is looking forward to… Read More
FBR to Introduce Strict Measures to Stop Tax Evasion by Multinational Companies
In order to check tax evasion by multinational companies, the Federal Board of Revenue (FBR) has enforced from April 1,… Read More
Govt Relied on Local Debt Market to Finance its Loans
Federal Government relied mainly on the domestic debt market to finance its deficit i.e. 67 percent of the Federal fiscal… Read More
FBR Begins Planning of Budget FY 2021-22
The budget preparation exercise has been started in the Federal Board of Revenue (FBR) for 2021-22. In this connection, Special… Read More
FBR Barred From Initiating Proceedings Against Amnesty Scheme Declarants
The Federal Board of Revenue (FBR) has been barred from initiating proceedings against legally valid declaration under the Foreign Exchange… Read More
