ISLAMABAD: Federal Board of Revenue (FBR) on Friday directed all officers / officials of Inland Revenue Service (IRS) to submit declaration of avoiding private consultancy.
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Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
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FBR shuffles 60 customs officers in latest transfers, postings
ISLAMABAD: In a significant administrative move, the Federal Board of Revenue (FBR) has announced the transfer and posting of 60 senior officers of the Pakistan Customs Service (PCS) in its latest reshuffle.
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Pass Track launched for currency declaration at Pakistani airports
ISLAMABAD: Pakistan Customs has launched a mobile application namely ‘Pass Track’ for online currency declaration for incoming and outgoing foreign passengers from / to the country.
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Tax withdrawal from banking transactions causes loss of over Rs31 billion to FBR
ISLAMABAD: Withdrawal of tax on banking transactions has caused a loss of over Rs31 billion to the Federal Board of Revenue (FBR).
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FBR notifies rules to share information of civil servants with banks
ISLAMABAD: Federal Board of Revenue (FBR) has been empowered to share information of civil servants with commercial banks in Pakistan.
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Pakistan Telecom explains tax rates on phone usage
ISLAMABAD: Pakistan Telecommunication Authority (PTA) on Wednesday explained prevailing tax rates on usage of mobile phones.
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FBR needs Rs3.51 trillion during five months to achieve tax target
ISLAMABAD: Federal Board of Revenue (FBR) has required to collect Rs3.51 trillion during next five months (February – June) of this year in order to achieve fiscal year 2022-2023 collection target.
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FBR rejects TV board declaration by Changhong Ruba
KARACHI: The Federal Board of Revenue (FBR) has turned down the declaration submitted by M/s. Changhong Ruba Electric Company (Pvt) Limited for the clearance of TV boards.
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Customs intelligence confiscates smuggled goods worth Rs389 million
KARACHI: Directorate of Customs Intelligence and Investigation has confiscated smuggled goods worth Rs389 million in different raids, according to a statement issued on Friday.
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FBR shares asset declaration of civil servants with banks
ISLAMABAD: Federal Board of Revenue (FBR) has drafted rules to share information of asset declarations of civil servants with commercial banks.
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