The Federal Board of Revenue (FBR) in Pakistan has added 50,000 return filers to the updated weekly active taxpayers list (ATL) issued on April 10, 2023.
(more…)Category: Taxation
Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
-

Islamabad Customs Intelligence to hold auction of used vehicles on April 13
The Directorate General of Intelligence and Investigation-Customs in Islamabad has announced an auction of used and old motor vehicles to be held on April 13, 2023.
(more…) -

FBR launches mega crackdown against cement manufacturers
KARACHI: Federal Board of Revenue (FBR) has launched mega crackdown against cement manufacturers for alleged tax evasions.
(more…) -

Pakistan probes Pepsi, Coca Cola for tax evasion
Pakistan has launched probe into alleged tax evasion by international beverage companies including Pepsi and Coca Cola operating in the country.
(more…) -

FBR transfers top brass of Inland Revenue Service
ISLAMABAD: Federal Board of Revenue (FBR) on Friday transferred top brass of Inland Revenue Service (IRS) in its ongoing reshuffle on senior officers.
(more…) -

Peshawar customs intelligence auctions motor vehicles on April 11
The Directorate of Intelligence and Investigation (Customs)-FBR in Peshawar has announced an upcoming motor vehicles auction scheduled for April 11, 2023.
(more…) -

Lahore High Court declares tax on deemed income as illegal
Lahore High Court has declared the imposition of income tax on ‘deemed rental income’ of properties as illegal.
(more…) -

FBR notifies promotions of IRS, PCS officers to BS-22
ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified promotions of officers to BS-22 from BS-21.
(more…) -

FBR reshuffles senior IRS officers amid action against wealthy taxpayers
The Federal Board of Revenue (FBR) Wednesday announced a significant reshuffle of officers within the Inland Revenue Service (IRS) at a time when the board is taking extensive action against wealthy taxpayers who are defaulting on their taxes.
(more…) -

FBR freezes bank account of business tycoon for CVT recovery
The Federal Board of Revenue (FBR) has frozen the bank account of Abdul Aziz Memon, Chairman of the Kings Group of Companies and Trustee of The Rotary Foundation, for defaulting on capital value tax (CVT) amounting to around Rs14 million.
(more…)