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Tag: Federal Board of Revenue

Salaried class
Pakistan
  • Web Desk
  • Jun 16, 2024
Salaried class pays Rs375bn, retailers only Rs5bn in taxes: FBR chairman

Tiwana says FBR has implemented measures to bring more retailers into the tax net

Pakistan petroleum import bill surge
Business
  • Web Desk
  • Jun 05, 2024
Govt surpasses petroleum levy tax collection target

The government has met its petroleum levy tax collection target for the fiscal year 2023-2024 within the first eleven months.

FBR transformation plan
Business
  • Shahzad Paracha
  • May 18, 2024
FBR inefficiencies put multimillion-dollar FDI at risk

The bureaucratic hurdles of the Federal Board of Revenue (FBR) have put Foreign Direct Investment (FDI) worth tens of millions of dollars at stake.

FBR
Pakistan
  • Shahzad Paracha
  • Apr 28, 2024
PM tasks finance secretary to identify FBR officials delaying TTS

According to the sources, the FBR has partially implemented the TTS in sugar, cement, fertilizer and tobacco industries

A steering committee meeting on the digitisation of the Federal Board of Revenue (FBR) was held on Friday.FBR officials
Pakistan
  • Shahzad Paracha
  • Apr 26, 2024
12 FBR officials axed from key roles ahead of budget preparation

FBR has places 12 officers of grades 22 and 21 from the Inland Revenue Service and Customs under the admin pool

FBR tax
Latest
  • Web Desk
  • Apr 17, 2024
CCLC likely abolish commissioner appeal positions in FBR

CCLC meeting, to be chaired by the federal law minister on Thursday, will consider a Ministry of Finance summary outlining the Tax Laws Bill 2024

taxes on cigarettes
Business
  • Shahzad Paracha
  • Apr 17, 2024
‘FBR can collect $2bn in revenue by curbing tobacco tax evasion’

Federal Board of Revenue can boost revenue collection of over $2 billion by curbing tax evasion

Pakistan Honorary Cards
Latest Pakistan
  • Web Desk
  • Apr 04, 2024
Govt to award ‘Pakistan Honorary Cards’ to top taxpayers

Pakistan Honorary Card will be granted to 65 top exporters and taxpayers

The FBR has fallen short of its revenue target with a shortfall of over Rs48 billion in the first ten months of the current fiscal year.
Pakistan
  • Web Desk
  • Mar 31, 2024
FBR achieves tax targets by taking advances from major businesses

FBR collects Rs6,710 billion, surpassing the target of Rs6,707 billion for the first nine months

FBR revenue target shortfall
Business
  • Web Desk
  • Mar 23, 2024
FBR rolls out mandatory registration scheme for businesses

The Federal Board of Revenue (FBR) has introduced a compulsory tax registration programme for both retailers and wholesalers.

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