Pakistan, USAID partner to streamline customs, trade procedures

ISLAMABAD: The Federal Board of Revenue (FBR) and US Agency for International Development (USAID) through its Pakistan Regional Economic Integration Activity (PREIA), jointly organized a one-day Stakeholders’ workshop on Pakistan Single Window... Read more »

FBR issues draft rules for managing risks on clearance of goods, passengers

ISLAMABAD: Federal Board of Revenue (FBR) has notified draft rules for risk management system (RMS) for customs clearance of goods and passengers. Read more »

SRB suspends sales tax registration of Chinese sanitation firm

KARACHI: Sindh Revenue Board (SRB) on Tuesday suspended sales tax registration of a Chinese sanitation firm for defaulting sales tax payment and failure to file monthly sales tax returns. Read more »

FBR transfers 37 Commissioners of Inland Revenue

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday notified transfers and postings of 37 Commissioners of Inland Revenue Service (IRS) in BS-19-20 with immediate effect under further orders. Read more »

Officers of DG Special Initiatives given powers

ISLAMABAD: Federal Board of Revenue (FBR) has authorized powers to perform functions to the officers of the Directorate General of Special Initiatives. Read more »

Sales tax registration number is mandatory on invoices: SRB

KARACHI: Sindh Revenue Board (SRB) has said that mentioning Sindh Sales Tax Registration Number (SNTN) on sales invoices is mandatory for persons registered with the provincial revenue body. Read more »

FBR sacks senior auditor on corruption charges

ISLAMABAD: Federal Board of Revenue (FBR) has sacked a senior tax auditor on the charges of corruption and misconduct. Read more »

FBR explains tax treatment on foreign controlled entity by resident Pakistani

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday explained treatment of tax on foreign controlled entity by a resident Pakistani. Read more »

FBR asks banks to provide details of government securities investment

ISLAMABAD: Federal Board of Revenue (FBR) has asked banks to provide details of additional investment made into the government securities during the tax year 2019. Read more »

General education not taxable under training services: SRB

KARACHI: Sindh Revenue Board (SRB) on Monday said that general education services are not taxable under ‘training services’ which is introduced through Sindh Finance Act, 2019. The provincial revenue authority issued clarification... Read more »

Sindh Excise collects Rs5.7 billion in July 2019

KARACHI: Sindh Excise Department has collected Rs5.7 billion under various heads including infrastructure cess, motor vehicles, properties etc. during the months of July 2019. Read more »

Commerce ministry extends date for submitting DLTL claims

KARACHI: The ministry of commerce has extended the last date for submission /resubmission of claims of Drawback of local Taxes and Levies (DLTL). Read more »