Prime minister forms committee to resolve tax challenges for construction industry

ISLAMABAD: Prime Minister Imran Khan on Monday constituted a committee for formulation of proposals to resolve challenges of federal and provincial taxes faced by construction industry. Read more »

FBR receives information of car buyers from withholding agents

ISLAMABAD: Federal Board of Revenue (FBR) has received information of persons who purchased motor vehicles during tax year 2019. Read more »

MCC Gwadar announces auction of vehicles on Nov 12

KARACHI: Model Customs Collectorate (MCC) Gwadar has announced auction of used vehicles on November 12, 2019 to be held at Custom House Gaddani. Read more »

FBR issues guidelines to facilitate issuance of sales tax refunds in 72 hours

ISLAMABAD: Federal Board of Revenue (FBR) has issued guidelines to facilitate taxpayers in issuance of sales tax refunds within 72 hours. Read more »

FBR starts consultation with IR field formation on proposed restructuring

ISLAMABAD: Federal Board of Revenue (FBR) has started consultation with tax officials on proposed reform program following resentment of senior officers on proposed plan of setting up Pakistan Revenue Authority (PRA) and... Read more »

FBR proposed to collect sales tax on services

ISLAMABAD: The federal government is planning to takeover right to collect sales tax on services from the provinces as it was felt the true potential of collection was not realized. Read more »

FBR assigns additional charge of International Tax Operations to IRS officers

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday assigned additional charge to the officers of Inland Revenue Service (IRS) posted at Automatic Exchange of Information (AEOI) Zones of the post at International... Read more »

FBR allows raids against unregistered manufacturers, suppliers

ISLAMABAD: Federal Board of Revenue (FBR) has given go ahead to directorate of intelligence and investigation for conducting raids against manufacturers and suppliers not registered under sales tax laws. Read more »

FBR officials, taxpayers interaction restricted to Bar Code based communication

ISLAMABAD: Tax officials have been restricted taxpayers interaction to barcode-based communication only, officials said on Tuesday. Read more »

Income tax return filing increases to record 2.667 million

ISLAMABAD: The number of income tax return filers has increased to record level of 2.667 million, according to Active Taxpayers List (ATL) for tax year 2018 released on Monday. Read more »

FBR notifies transfers, postings of Customs officers in BS-17-19

ISLAMABAD: Federal Board of Revenue (FBR) on Monday notified transfers and postings of customs officers of BS-17-19 with immediate effect and until further orders. Read more »

Tax authorities to determine values of immovable properties, motor cars on discovery of concealment

ISLAMABAD: The tax authorities shall determine value of immovable properties and motor cars for tax purpose on discovery of concealment by a person or a company. Read more »