KARACHI: Federal Board of Revenue (FBR) on Wednesday transferred 75 officers of BS-18 and BS-19 Pakistan Customs Service (PCS).
Section 119 of Income Tax Ordinance, 2001 has explained the procedure for obtaining an extension of time for furnishing returns and other documents. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021. Following is the text of Section 119 […]
ISLAMABAD: The Federal Board of Revenue (FBR) has added the export facilitation system with the online clearance program i.e. WeBOC. According to a statement issued on Wednesday, the FBR successfully developed and rolled out a new module in the WeBOC system for Online Export Facilitation Scheme (EFS) Authorization Application. This facility can be availed by […]
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday issued guidelines for recruitment in BS-1 to BS-15 in Inland Revenue Department. The vacant posts in BS 01 to 15 in the field formations of Inland Revenue have been advertised in the national press on August 29, 2021. The candidates have been advised to submit their applications […]
How to file returns and other documents has been resolved by the Federal Board of Revenue (FBR) to facilitate taxpayers of Pakistan.
Section 117 of the Income Tax Ordinance, 2001 stated that any person discontinuing a business shall give the commissioner a notice in writing to that effect within 15 days of the discontinuance. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance […]
Section 116A of the Income Tax Ordinance, 2001 explains that a resident taxpayer having a foreign income is required to file a wealth statement. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021. Following is the text of Section […]
Section 116 of Income Tax Ordinance, 2001 explained the requirement of filing wealth statement by any person being an individual.
The Federal Board of Revenue (FBR) has clarified the provisions of Section 115 of the Income Tax Ordinance, 2001, shedding light on specific categories of individuals who are exempted from the requirement of filing a return of income under the tax law.
ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday notified transfers and postings of senior officers of Pakistan Customs Service (PCS) in BS-20 and BS-21. The transfers have been made with immediate effect and until further orders. 01. Ms. Suraiya Ahmed Butt (Pakistan Customs Service/BS-21) has been transferred and posted as Director General, Directorate General of Training […]