FBR urged to allow filing amnesty scheme declarations

KARACHI: Federal Board of Revenue (FBR) has been urged to allow those persons to file their declarations who have paid duty and taxes under amnesty scheme 2019 by due date. Read more »

FBR updates exchange rates for late payment by amnesty declarants

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday updated daily exchange rates at Rs158.13 to the dollar for payment of taxes under Asset Declaration Scheme 2019 for those persons, who filed their... Read more »

Karachi Chamber urges FBR to adjust refunds of previous amnesty’s refunds

KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Junaid Esmail Makda, while referring to his conversation with Minster of State for Revenue Hammad Azhar and Member IR – FBR Dr. Hamid... Read more »

Amnesty scheme extended for three more days

ISLAMABAD: The government has extended the date for tax amnesty scheme for three days on the same day when IMF board meeting to be held to discuss and approve Pakistan loan program. Read more »

KTBA urges prime minister for extending amnesty scheme for one month

KARACHI: Tax practitioners of Karachi Tax Bar Association (KTBA) have urged Prime Minister of Pakistan Imran Khan to extend the last date for availing tax amnesty scheme to July 31, 2019 from... Read more »

Pending ADR cases can avail amnesty scheme: FBR

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday said that cases pending before the Alternate Dispute Resolution Committee (ADRC) can avail tax amnesty scheme. Read more »

Panama, Paradise leaks and other offshore undeclared assets holders can avail present amnesty scheme

ISLAMABAD: Persons having offshore undeclared assets in Panama and Paradise leaks can avail the latest Asset Declaration Scheme 2019, according to a presentation made by Federal Board of Revenue (FBR). Read more »

SBP relaxes non-filer condition for depositing into foreign currency account under tax amnesty scheme

KARACHI: The State Bank of Pakistan (SBP) on Wednesday relaxed non-filer condition for depositing into to foreign currency accounts in order to facilitate declarants of tax amnesty scheme 2019. Read more »

IR offices directed to remain open, observe extended working hours on Friday, Saturday, Sunday

ISLAMABAD: Federal Board of Revenue (FBR) has made special arrangements on the last three days of the outgoing fiscal year to facilitate declarants of tax amnesty scheme and income tax return filers... Read more »

Owners of undeclared 13,193 luxury vehicles warned of harsh punishment

KARACHI: Federal Board of Revenue (FBR) has warned the owners of luxury motor vehicles of harsh punishment in case they are remained non compliant and failed to declare these vehicles under Asset... Read more »

Untaxed money, assets will find no hiding: CCIR RTO-II

KARACHI: People will find no place to conceal their untaxed money from next month as Federal Board of Revenue (FBR) planned a comprehensive plan to bring all taxable income into tax net,... Read more »

FBR outlines action in post July 01 scenario; urges people to avail asset declaration scheme

ISLAMABAD: Federal Board of Revenue (FBR) has outlined course of action in scenario of post July 01, 2019 and some of motives are visible in the Finance Bill 2019. Read more »